Food retail

Nelson

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Nelson

Member since

September 2016

On-time repayments

18 installments  •  33%

About Me

Hello? Am Nelson and i was born and raised in Nairobi. As a young boy i did not quite attending school at the tender age. Rather i begun school a little bit late nevertheless it wasn't easy as my parents both of whom were jobless couldn't afford to pay for my school fees. My dad did a casual job paying him 200 Kenya shillings on daily basis that couldn't even a afford to pay for rent. Lets just say money was always the issue but my parents made sure that i went to school constantly pleading with the headmaster and somehow i manged to finish primary school but with arrears that am yet to finish. After primary school i decide to hawk boiled eggs and would walk long distance to sell. Come evening i would sell coffee to a near market place. This money helped my parents to pay some bills and also pay for my little sisters education. As time went by i managed to get a spot to sell my products...food products that is boiled eggs, sausages, smokies and some groundnuts. I have a dream of someday opening my own hotel though the road is not always rosy as i lack enough capital to do that. Food is an essential human need and from where i come from people really eat a lot. I would love to see my children become doctors,engineers pilots so they wouldn't have to suffer like i do all this i do now is to secure a brighter future for them someday. I love swimming, dancing and listening to music.

My Business

I sell food products as i mentioned earlier. Boiled eggs, sausages, smokies and groundnuts. This are snacks and people really buy because they are readily available and easy to prepare like in a minute or so and delicious too. I choose this business because i new i would sell at least on a daily basis as people have to eat, one can never go wrong selling food. I buy eggs for Kshs. 7 per egg and sell for Kshs. 10 per egg. Sausages i buy for Kshs.15 per sausage and sell for Kshs. 25. Same goes for Smokies. I buy groundnuts for Kshs. 100 per kilo. So roughly in a month i would use say between Kshs. 3000 to Kshs. 5000. I pay for my sisters education and also try to clear my pending school fees. Assist my parents if the proceeds are good and also reinvest in business but always short. Am here today asking humbly for you assistance.

Loan Proposal

I will use this loan wholly to invest in my business. Buy more stocks for sale. This will with no doubt increase my profits significantly. My proceeds will definately increase by Ksh. 1000 or more in a couple of days. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Sep 15, 2016

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

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  • Peter    Dec 31, 2016

    Hi Lenders,
    Nelson Karue was unreachable by phone same to his references listed .All the phone numbers given were unreachable

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  • Nelson    Nov 18, 2016

    Hello,
    I received Kes 1132 after sending deductions. I will use this money to add chickens fro sale in my business. Am grateful for the loan and my God bless you abundantly.

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  • Nelson    Nov 16, 2016

    Thank you so so much for giving me another wonderful opportunity. I will use this funds to add more products in my business. As i had mentioned earlier ill add more chickens to the business and more eggs. This way i can be able to make more restocks on a weekly basis as i pay you loan as well. This way ill make more profits. Once again am so grateful to you all.

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  • Nelson    Nov 15, 2016

    I purchased more stocks in the business. I even added a new sales item to the business that is chicken sales. Things are running smoothly i never had to worry about my stocks running low as i made a weekly profit of 5usd. I used the profits to help my younger sisters tuition and to reinvest in business. Its holiday season and here people mostly gear up to go for Christmas back in the country side so there will be alot of shopping especially chicken sales. So am also gearing up to make a killing this season selling the chickens.

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  • Nelson    Sep 14, 2016

    I will use the money to add more stocks in my n=business. This will increase my profit levels drastically. Thank you so much and may God bless you.

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