Expansion of stock e.g sugar, rice, flour etc
David
Kisumu, Kenya
100% repaid
Entrepreneur
Name
David
Member since
June 2016
On-time repayments
5 installments • 100%
About Me
I happen to be a first born in a family of seven, my primary education wasn't consistent due to school fees bt my parents did their best to see me through, I managed to join a local secondary school and got sponsorship from my uncles who paid part of my fees. I thought of business two years back immediately I got a job because jobs are seasonal bt when you've your own job then you are secured. Farming is the main activity in my community that many depends on. I would wish my kids to be self reliant and innovators to fit in the modern world. I listen to music at my free time.
My Business
Currently am employed earning a monthly salary bt I also run a retail shop, I have assigned someone to take care of the shop, I found it demanding because there were very few retailers and so I decided to take a chance. The returns from this business mostly caters for family's daily needs since I have brothers and sisters who are in school, of course some returns goes into maintenance and expansion of the business, eg introduction of new items and commodities.
Loan Proposal
want to expand the entire stock especially add more of sugar, rice, flour, books & beverages. this will save me time and give me more returns since I will be stocking major items once a fortnight unlike currently I stock twice a week, hopefully my profit is gonna double.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Jan 13, 2017
Repayment status
On Time
Projected term
5 weeks
Lenders
United States
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