Food stock for my grocery shop

Jacob O'nyamul

Nakuru, Kenya

12% repaid

Entrepreneur

Name

Jacob O'nyamul

Location

Nakuru, Kenya

On-time repayments

311 weekly installments  •  70%

About Me

My names are Jacob O’nyamul. I am a married man aged thirty two years old. I was brought up by a Christian father and mother in a rural home in Siaya, Kenya. My parents were very poor and this forced my father to migrate to the capital city Nairobi in search for a job as we were left struggling with life in the rural. The little income he got sustained us a bit as I and my siblings were able to go to school. Unfortunately my father was attacked by thugs who ended his life at a building that he was guarding having been a security guard.

Being the firstborn in our family I had to put on my father’s shoes by struggling to become family’s bread winner. My mother was a housewife, I was not yet 20 and my siblings were very young and needed to go to school. I was determined to uplift our family despite of the challenges. I got a job with a Christian organization though at a voluntary level, I thank God I am able to get some stipend. Because the income was very small to cater for my family, siblings and mother’s expenses I started a small grocery shop with the help of cash savings received as gift on my wedding day. We’ve been working together with my wife as managers of our small investment.

We are blessed with two children (Blessings Akinyi))who is about one year and eight months old and Alma Oduor who is two weeks old; it’s our desire to train them in a godly way so as to help them overcome worldly influences when they grow up. In our culture when a man marries a woman he must pay dowry, normally in form of cows. This has been a great challenge to most of poor young men who wants to marry in the Lord.

I am a saved Christian and an evangelist, I love reading the Bible and spreading the gospel. God has been so faithful to me and my family. When I look at my life I do acknowledge the great work of God.

My Business

The name of my business is Baraka (Swahili name meaning ‘Blessed’) grocery shop. I do sell groceries mostly food items which we buy from wholesalers and break them in small quantities for the consumers.I am planning to add dairy business of selling milk in addition to my grocery stock. I like this business because milk /groceries/food items are always in demand, that is, people will always have to eat something so as to live. Most of the people in our neighborhood are facing poverty and are therefore not able to buy things in large quantity.

My wife and I are the shopkeepers in our business and I do not have to employ someone to work in the business. Moreover we are doing the business in the same building that we are living in, and therefore saving on additional rent for the shop. Our main business cost is rent and cost of goods purchased for resale. I do use the income from sales to re invest in growing the business. The rate at which the goods clears up in the shelves is so high in such a business and we have to keep monitoring the stock level often to make sure that there is no goods that is out of stock. The main challenge is restocking goods frequently and breaking the items in smaller quantities.

Its my desire to grow my business to the level of a cash and carry supermarket if God open ways for funds. This would increase my income and I will be able to support my siblings and my mother who is a widow. I will appreciate any support accorded to me. May God bless you abundantly as you avail your resources to lend to the needy.

Loan Proposal

Hi lenders, i am extremely joyful once again for another opportunity to post my loan for funding. i believe that you would consider my appeal for funding as you have always did. i am planning to stock ten 90 kg bags of maize @ 40 usd totaling 400 usd, two 50 kg bag of sugar @ 40 usd totaling 80 usd, five 50 kg bags of rice @ 40 usd totaling 200 usd, five 20 litres cooking oil @ 3 usd totaling 150 usd, 10 dozen of 2kg wheat flour @ 20usd totaling 200 usd, ten dozen of 1kg wheat flour @ 20usd totaling 200 usd, grand total =1230 usd.
this would realy boost my business towards my goal of having a supermarket hence customer satisfaction as they would get the items they need under one roof. i am expecting to double my profits since i will have a bigger stock hence practising economies of scale. many thanks

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,303.40

Date disbursed

Feb 17, 2018

Repayment status

Late

Projected term

48 months

Cost to entrepreneur

Service fee: 5% of $1,303.40 = $58.59

Lenders

joerg

Berlin, Germany

tjm212003

Montreal, Canada

C

Christian

Saarbruecken, Germany

T

TobyKenobi

Syracuse, United States

BelleStarr

Albuquerque, United States

jesuisneil

MATTESON, United States

Vanamo

Helsinki, Finland

W

Withnail

Reading, United Kingdom

ZlataRoy

Cheltenham, United Kingdom

R

rcmssr

Woodbury, United States

ScottSavage

Las Vegas, NV, United States

G

guenter

Bremen, Germany

J

Jessica

Patagonia, Argentina

BJ

Brandon Joz

North Carolina, United States

H

hwwijono

Jakarta, Indonesia

4

42Theo

London, United Kingdom

A

AlexCheng

Seattle, United States

TheWhiteCat

Surrey, United Kingdom

JimVandegriff

Trinidad, California, United States

Raymondo

Dublin, Ireland

J

jjonas

berlin, Germany

C

chrisherron

Chicago, United States

H

hanh352

Homosassa, United States

P

Pengetilafrika

Mårslet, Denmark

S

stevetanner

Geneva, Switzerland

Kahenti

Seoul, Republic of Korea

F

fake_name

Boston, United States

Cloudways

Malta, Malta

IA

Ismini and Jerry

Stamford, USA, United States

Paul and Rachel

London, United Kingdom

L

loistf

Madrid, Spain

ads68

Melbourne, Australia

M

michaelangers

Toronto, Canada

Christopher

Copenhagen, Denmark

L

leeirel

Edmonton, Canada

IM

Isak Maaseide

Tromso, Norway, Norway

nakamura

United States

hugomesser

Blokker, Netherlands

G

glh25

Winooski, United States

fairspirit

Utrecht, Netherlands

nmatpt

Lisboa, Portugal

C

caz32

chertsey, United Kingdom

numbat

Perth, Australia

A

alexvanandel

Haarlemmermeer, Netherlands

Hedwich

Gorssel, Netherlands

Generaal

Antwerp, Belgium

O

osterqvist

Linköping, Sweden

ibc123

Seattle, United States

stroi08

Odense C, Denmark

lizandsteve

guelph, Canada

O

ormung13

Christchurch, New Zealand

M

Mullagh

United Kingdom

R

Rootdet

Fairfax, United States

S

spivurno

United States

N

nlane

Vietnam

N

NOWfund

Tokyo, Japan

M

merk85

United States

bb4dogs

United States

Insomnus

Cheltenham, United Kingdom

A

ajayhk

San Jose, United States

smastermind

Jerusalem, Israel

A

AlphaAres

Azerbaijan

V

vbud

United States

N

Nicolaas

Doha, Qatar

TheGoodData

London, United Kingdom

M

MSpainhoward

United States

Mike and Jacqui

United Kingdom

M

Marcus86257

United States

Jeroen Decock

Gent, Belgium

SteveFylde

United Kingdom

W

Wade

United States

Dominik Wagner

Karlsruhe, Germany

Elly

Woudrichem, United Kingdom

MA

Mary Art Hunt

United States

ES

Ed Sikorski

United States

E

erica

antwerpen, Belgium

Kristin Rhodes

Kansas City, Kansas, United States

JC

JD Conley

United States

Jennifer Weber

Canandaigua, Ny, United States

ME

Manaal Eisa

Washington DC, United States

NB

Nicholas Baball Khan

New York City, United States

IH

Ian Hearn

United States

Cristina Huesch

Canberra, Australia, Australia

TH

tom hd

United Kingdom

N

Nora

Germany

Pedro R-C

Cambridge, United States

Arend Thorp

Brooklyn, NY, United States

G

GS2

Germany

John Minges

United States

E

eriklonnroth

United Kingdom

Shawn Stice

Kansas City, Missouri, Central Region, United States

MC

United States

KN

Ken Nielsen

United States

Cliff

United States

B

Bramlage

United States

SH

Steven Huntington

London, United Kingdom

Gabriel Fenili

Santo André, Brazil

TW

Tyler Wood

United States

K

Katka

St Albans, United Kingdom

Nick

Manchester, United Kingdom

V

Vidar

Oslo, Norway

I

isaac

United Kingdom

RC

Rudi Chen

United States

Stephan W

Witten, Germany

KK

karl kerksiek

United States

KT

Kate Turner

United States

Sara R

Leuven, Belgium

Zack Stein

United States

S

Sally

Australia

SA

Shar Alamdari

Los Angeles, United States

Ed

Howells, United States

Benjamin Kniaz

Boston, United States

Donald

United States

VC

Victor Chong

United States

Grégoire

Zurich, Switzerland

BP

Bill Piper

United States

S

Stephanie

Los Angeles, United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

AV

Andrew van der Watt

Johannesburg, South Africa, United States

Dean Suminski

Portland, Oregon, United States

Jean Wren Chan

United States

M

Mack

Harbor, Oregon, United States

A

Andrew

United States

Emily

San Francisco, United States

MM

Mike McGary

United States

Mike

Indianapolis, United States

DW

Dan Winetsky

United States

L

Liam

New Zealand

CA

Carles Alcolea

Barcelona, Spain

Paul Buchheit

Mountain View, United States

Tyler Metcalf

Utah, United States

RH

Rachel Hipp

United States

KN

Kevin N

Cleveland, Ohio, United States

ZS

Zach Silveira

Asheville, Nc, United States

A

Allison

United States

Sean Richards

Wilmette, United States

Nethanel Kohen

NYC, United States

BL

Bill Lowery

United States

RA

Ravel Antunes

United States

Darren Jeppson

Denver, Colorado, United States

DH

Don Hammond

United States

H

Haley

United States

RC

Robert Chen

United States

J

Johanna

Zürich, Austria

Daniel Toke Hansen

Copenhagen, Denmark

Adam Öhman

Norrköping, Sweden

A

apolet

United States

K

Khoa

United States

E

EJOBIV

United States

AA

Andrew and Kim

Nashville, TN, United States

PA

Peter A

New York City, United States

KS

Kevin Shay

United States

United States

SJ

Serign Jobe

United States

P

Paul

Germany

J

JB

Germany

MH

Matt Hodges

United Kingdom

JK

Janardan Kelkar

Atlanta, United States

SC

Samuel Clemente

Brooklyn, United States

Ryan Agnew

Australia

PP

Peter Prïx

United States

FD

Florin Draghici

United Kingdom

DO

Denis Ontiveros

Guildford, United Kingdom

B

Ben

United States

K

kc

United States

Magnus Palmgren

Gothenburg, Sweden

Canada

N

NickN

United States

E

Eva

Montreal, Canada

DB

Darren Boyd

United States

LT

Lisa Taylor

California, United States

VD

Van Duong

United States

JL

Julia Loose

United States

C

Cyril

Belgium

Daisuke

Tokyo, Japan

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