Food retail shop and green groceries

Nicholus

Kilifi, Kenya

100% repaid

Entrepreneur

Name

Nicholus

Member since

July 2016

On-time repayments

137 installments  •  70%

About Me

My name is Nicholus Kai Haro aged 45 years. I am married to one wife and have 3 children. I have a bachelors degree in education majored in Special needs education. I am ateacher by profession teaching the mentally handicapped children in my country kenya. I have been in this profession for the past 17 years and I am the teacher in charge of the special Unit for the mentally handicapped children in the school. I am an employee of Teachers service commission. Beside being employed I am a business man.

My Business

My business started as a small retail shop dealing with food items and incorporation of green vegetables and little bit of cereals but has now grown to a big business.
My goods are in high demand because I always buy goods of high quality and fresh, the business premises is ever clean and tidy, the business attendants/ shop keepers use good and persuasive language.
I chose the business because the demand for the food and vegetables items was so high in the area and the supply was low and limited.
The typical costs and revenue include costs of the items, power, tax from county government. The income is able to cater for the cost and revenue , repay zidish loans and be able to cater for other development activities. So there is
alway profit.
I use the profit for education of my children in schools, reinvestment as in the case of my rental business house and improvement of my home and genera improvement of my life status.

Loan Proposal

Buy more bags of rice,bails of maizeflour , cans of cooking oil for my shop and bags of onions,potatoes, cabbages and crates of tomatoes and fruits for my green groceries to satisfy my customers needs. All this will cost KES 35000 and the other amount will be for transport.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$378.00

Date disbursed

Nov 20, 2016

Repayment status

On Time

Projected term

3 months

Lenders

iggwag

Kilifi, Kenya

Paul Buchheit

Mountain View, United States

N

Nick

Greater London, United Kingdom

BW

Betty Waweru

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

BP

Bill Piper

United States

A

Anonymous

United States

R

RMIM

United States

Paul Buchheit

Mountain View, United States

KN

Kevin N

Cleveland, Ohio, United States

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