Fast-moving goods for my grocery shop

Cyprian Mbaabu

Nairobi, Kenya

Loan disbursed

$0 to go

100% lent of $89 goal

0

days left

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Entrepreneur

Name

Cyprian Mbaabu

Location

Nairobi, Kenya

On-time repayments

1 weekly installment  •  100%

About Me

Am Cyprian Mbaabu,a young and hardworking man who was born and raised in Kenya by a vulnerable family.We were born in five,i being the firstborn.My parents struggled alot by the little they got to ensuble that there is a sustainability of me and my other siblings in school.
I did well in my education and i graduated in the year 2019 at Mount Kenya university Degree in Economics.
and For now am 27 years of age.
After graduating i had alot of challenges,despite promising my humble parents about transforming their lives after school yet i didnt know there was awaiting economical task after graduating.
My expectations was that i could get employed after few months from graduating period but it was not easy,and job opportunity was very difficult to get.
Though i never let the promises fly away,i managed to pray hard to my almighty God who never lets me down.
Finally i found a solution on how i can impress my lovely family by fulfilling the promise i kept.I managed to start a small shop,with a little capital i had plus my unlcle's support and i still runs it as well as trying to suport my parents as much as i can.

My Business

Finally,the small shop over a ten months,it was the shop to be having as many customers as possible,and on December,last year,i managed to renovate it and enlarged it into atleast larger one.I started it with a little amou t of capital,that is $215Usd and upto now am gaining around $310 Usd per month This is a good progression to me and my family.am now in target to make it a three in one shop by two months to come by adding mpesa and other mobile money services.

Loan Proposal

Hello lenders,i thank you all for your support which is fantastic upon my shop.
This time i need another support to add a stock which is fast moving items like;
*25kg of rice @$50
*20kg of byrhian rice @$25
*a dozen of [email protected]$5
*a dozen of sasin [email protected]$6
*toilet paper [email protected]$3
*[email protected]$1

With these items,there is a hope for great change towards more incomes.I will also fulfill customers desire.
welcome.

Income Source

During this pardemic,its usual as i said that everything is time managment.working for am extended time when there are many customers especially weekend nights makes a good income hence repaying early.

Feedback

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Lenders

Loan Info

Disbursed amount

$89.44

Date disbursed

Feb 21, 2021

Repayment status

On Time

Projected term

1 week

Cost of loan

Service fee: 5% of $89.44 = $4.47

Credit risk payment: $11.62

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