Foodstuffs for my shop

Collins Babu

Kakamega Town, Kenya

Funds disbursed

$0 to go

100% funded of $377 goal

0

days left

Entrepreneur

Name

Collins Babu

Location

Kakamega Town, Kenya

On-time repayments

79 weekly installments  •  3%

About Me

I was born in 12/12/1990 in Kakamega Kenya. Went to primary school and later joined high school and later college. I struggled on my own and avoided peer pressure while in school. I believed in myself n stsyed focused. My land is fertile thats its uniqueness. I have a child who wants be a doctor when he grows up. I do community work when am free. I belp the community whenever it needs me. I need money to enhance my business. I have been doing this business for one year now. Challenges of finances is my main problem. Given some cash i am sure to pay timely n my business will grow.

My Business

I run a small shop. I provide normal shop commodities ranging from Sugar,flour,cooking fat, milk etc.. From where i stay the commodities are far so if am closer to the people the demand is high. I realized there was a gap. Pple needed services n they were not close to them. The costs are not very high. The profits i made from the business i reinvest it in growing the business.

Loan Proposal

After getting the loan, I run a small shop with foodstuffs and currently my stock is down. What I will do with the money is add more stock to the shop to enable my customers get what they need and not dissapoint them. I will add rice,sugar,sweets,etc. I also blend fresh juice for my clients therefore the loan will enable me add oranges,mangoes n pineapples for my clients to enjoy.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$377.01

Date disbursed

Mar 3, 2017

Repayment status

Late

Projected term

17 months

Cost to entrepreneur

Service fee: $16.98

Collins opted to pay $188.18 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

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