Increase inventory for small grocery

Hellen

Mombasa, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Hellen

Member since

May 2013

On-time repayments

146 installments • 26%

About Me

My names are Hellen Ndinda Mandi. I was born in 1967 in Taita Taveta Vounty, the coastal part of Kenya. I am a Kamba by tribe, I am honest, competent and hardworking. I come from a very humble background. I reside in Mtwapa – Kilifi County. I am a born again Christian. I have three children and am married. I am a business woman and that’s what I use to fend for my three children. My first born is in form four, followed by form one and lastly class four. The reason why I started this business was to look for something that would make move on rather than being a housewife. The earnings I get most of the time go to food and stock to keep my business going.

My Business

As a businesswoman, I normally sell home basic needs like, kales, tomatoes, onions, garlic, spices, cereals, potatoes, cabbages, fruits. Yes I have clients who must purchase the above aforementioned items. Especially the cereals and vegetables as they foods which must be eaten. My customers prefer my business because I normally sell my items at a cheaper rate unlike supermarkets and other points. The business is profitable because I have so many clients as I sell compulsory needs. Actually I have minimal risks as I have no problems with the authorities such as the County Council as I already acquired a license.
On a good day I normally produce 1,200/= so that adds upto 36,000/= per month.
Total expenditure per month is 21,000/- that is school fees, electricity, food, stock and rent. So my monthly profit is 11,000/=

Loan Proposal

once I acquire the loan I will be working in expanding my business. I will also work in a speedy repayment in making sure I apply for another loan which will be of help while widening my business. I will purchase more stock of my business and am also planning to open another green grocery that will help me in my day to day activities and in educating my children. Once again thank you and God bless you. some amount will be used in repairing my place of work.