Expanding beyond horizon

Robert

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Robert

Member since

April 2017

On-time repayments

28 installments  •  39%

About Me

I schooled at Heni primary school and consequtively at Heni high school and despite the challenges that I Went through I managed to end up in an institution of high learning in Kenya whereby am now a Bachelor of commerce graduate from the University of Nairobi.
Life was so difficult going to pimary school bear foot and walking for a very long distance and sometimes had to go without meals, but that did not deter my determination for success, I soared high against all the odds. .
I managed all the way and know am a graduate from university of nairobi
With the high unemployment rate in Kenya, I opted to start a shop which aligned with the culture of my home area of integrity, honesty, and utmost due care where every person is expected to be a brothers keeper. I started a shop within my area and buy good at a wholesale price and selling them to my neighbors at a small margin.

My Business

Having worked at a supermarket and my level of education, I felt I had enough qualities and customer service skills, I therefore started a shop which sells basic household goods like maize flour ,wheat food and other sugar, rice, milk and other food stuffs. I buy them at whole sale and sell them in small quantities to my customers.
The highest cost are the rent, fluatuation of prices and transportation costs and also lack of enough supplies to the shop.
I use the profits to expand my business and meet my daily needs and expenses

Loan Proposal

Buy more stock for the shop. Demand is quite high and because of less capital, am not able to meet all the customers needs. I therefore need a loan To expand my shop, so that its fuly loaded. With that I will be able to supply all the commodities that my customer needs and also maybe expand into a different line like clothing or a hotel.
I also want to offer medium financial services through Mpesa.

I also want to introduce charcoal selling in the shop in order to raise the Monet I get and to be able to expand into other areas of business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$7.00

Date disbursed

Jun 8, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

HH

Helen Horseman

United Kingdom

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