Expansion of grocery shop

Osunga George

Dagoretti Gachui, Kenya

27% repaid

Entrepreneur

Name

Osunga George

Member since

August 2014

On-time repayments

121 installments  •  62%

About Me

I am a Kenyan citizen aged twenty nine, I live at Gacui area in Dagoretti and studied around that place too. I work at zap car hire and tours and I am the first born in a family of three. I started this business not only to help myself and for my family up keep but also to offer job opportunity to the youths in my area, the income from this business I use to buy my stock and also to save for my sons school fees. I like watching football, playing football, watching movies, reading novels and adventure. My business is running a grocery shop and out local area,i tapped into this business after realizing that most people in my area mostly the youths were going for kinda long distance to get the commodities. It brings in a profit of at least 500/- a week.

My Business

The grocery business is not so lucrative but it helps put food on my table mostly those days when my work is on the down low as the hospitality industry most depends on tourists and when the season is low there ain't too much work. My business entails getting fresh green grocery from the market every morning and setting up shop by 11am for those who want to purchase green grocery for lunch, got to have sharp knives because most clients ask for the groceries to be sliced for then, this entails kales, cabbages, carrots, irish potatoes and many more.

Loan Proposal

If the loan amount gets raised fully I will use it first to build a good and durable structure which I use as my grocery shop as I operate the business by the road side, secondly will increase the stock that I currently hold so that I can serve more clientele hence attract more income and thirdly, part of that loan I will save for my sons school fees as he will be joining school come next year.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$173.04

Date disbursed

Nov 18, 2018

Repayment status

Late

Projected term

6 months

Cost to entrepreneur

Service fee: $7.29

Credit risk payment: $43.75

Lenders

Paul and Rachel

London, United Kingdom

ShaneS

Port Pirie, Australia

D

Daniel

Stuttgart, Germany

Joerg

Velen, Germany

Dominik Wagner

Karlsruhe, Germany

G

GS2

Germany

A

Andrei

United States

Stephan W

Witten, Germany

Vratik Krocik

Prague, Czech Republic

Donald Major

United States

Joost

Noord Brabant, Netherlands

SS

Sean Sullivan

Austin, TX, United States

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