Name
Nelson
Member since
September 2016
On-time repayments
18 installments • 33%
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.
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.
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.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$6.00
Date disbursed
Sep 15, 2016
Repayment status
On Time
Projected term
6 weeks
Other loans
Ask Nelson a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.