Umoja 2 Nairobi, Kenya
234 weekly installments • 25%
I am a 49 years old father married with three children .professionally am an accountant previously employed in the formal sector,but quit one year ago to give business a try,I bought a small truck from my savings and opened a grocery shop which I run with my wife,I also operate as a transporter in Eastleigh area of nairobi.During my free time or rather my hobbies are philanthropy whereby I engage in a worldwide Bible education programme sponsored by Watchtower Bible and Tract society.
I operate a grocery ,where we sell all kinds of fruits I also offer transport services when am not delivering goods to my grocery.This Eastland part of Nairobi is densely populated and residents simply love fruits.
I would like to increase my stocks and diversify my products to make it a one stop shop.
We buy our products directly from farmers to maximize our margins.
I entirely depend on these two businesses to pay my bills.
My ultimate dream is to grow my grocery to May be a chain of supermarkets.
We have just started avocados season I plan to to purchase huge stocks to boost sales.Also available in the farms are oranges and fitz all combined can make good sales every week
Food is a necessity, and given the current hard economic times I will cushion my customers by lowering retail prices,until the economic situation improves.
Apr 3, 2021
Cost of loan
Service fee: 5% of $96.87 = $4.84
Credit risk payment: $12.59