Fridge so i can sell cold drinks and othe freshy stuffs

Anthony

Mombassa, Kenya

100% repaid

Entrepreneur

Name

Anthony

Member since

January 2015

On-time repayments

252 installments  •  44%

About Me

I Anthony Githae, I was brought in village a place called Murang'a I was
taken to primary school an year after my Father's death that's 1995.
Life was not easy being brought up by a single mother who was not
employed by then. Challenges was at door posts since we were six children
where I am the last born. Secondary school was a continuity of
challenges I had to travel 5km but all in all I managed the course and
traveled from the village looking for greener pastures. Little did I
knew about hustling. i married a woman from my friend list and we are blessed with two kids Emmanuel and Abigail. I worked for three years and managed to save some
money and opened a shop where I have been for four years now. there is high demand for food due to the high population as a result of polygamy among the tribes I am also a gospel artist composer and writer of more than twenty gospel song.i am current studying also THEOLOGY and working with a priest to spread the gospel . my kinds are still young and not yet have they decide what they would like to become when the grow up.
i like swimming in the Indian ocean i like playing football and soon will be reading books as part of studies and also as hobby.

My Business

My
business is a retail shop that operates from 6.30am to 9.30pm.we sell rice, cooking oil they have a high demand especially to the village we do sell maize flour and wheat flour and they are also fast moving goods. We are
selling food stuffs and cereals. maize and beans do good in my business and some more cereals my target is hotels i do supply to their needs
The reason as to why I decided to operate a shop is because I was employed as a shop keeper and it was the business I had best knowledge of. the total sale per day is K.E.S 20,000 and up to K.E.S 50000 during the pick season
my profit margin is K.E.S 2,000 per day. early last year, the profit i made enabled me to buy a piece of land, and i have been planting greens and some other crops and in future i will build my house there.
I am raising my family with what I get, pay both business rent and that of my home , coming next year my son will be joining school and that will be facilitated by the profit.

Loan Proposal

I want to buy a fridge so that I can sell cold drinks. I have noted that most of the customers in my shop have been requesting this commodities unfortunately I never managed it due to lack of sufficient funds. I am planning to buy a fridge worth 50USD, soft drinks worth 30USD. I know this two items will consume all the money I have requested in this loan, but I have set aside some money from the profit I made that will facilitate transportation or any bill that may occur in the due course. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$830.00

Date disbursed

Feb 23, 2016

Repayment status

On Time

Projected term

5 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$871.50

Amount remaining

$0.00

Date repaid

Jul 21, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 6, 2016 $35.12 Mar 12, 2016 $35.12
Mar 13, 2016 $35.12 Mar 19, 2016 $35.12
Mar 20, 2016 $35.12 Mar 28, 2016 $35.12
Mar 27, 2016 $35.12 Apr 4, 2016 $35.12
Apr 3, 2016 $35.12 Apr 8, 2016 $35.12
Apr 10, 2016 $35.12 Apr 20, 2016 $35.12
Apr 17, 2016 $35.12 Apr 27, 2016 $35.12
Apr 24, 2016 $35.12 Apr 30, 2016 $35.12
May 1, 2016 $35.12 May 7, 2016 $35.12
May 8, 2016 $35.12 May 16, 2016 $35.12
May 15, 2016 $35.12 May 24, 2016 $35.12
May 22, 2016 $35.12 May 31, 2016 $35.12
May 29, 2016 $35.12 Jun 6, 2016 $35.12
Jun 5, 2016 $35.12 Jun 14, 2016 $35.12
Jun 12, 2016 $35.12 Jun 23, 2016 $35.12
Jun 19, 2016 $35.12 Jun 27, 2016 $35.12
Jun 26, 2016 $35.12 Jul 5, 2016 $35.12
Jul 3, 2016 $35.12 Jul 9, 2016 $35.12
Jul 10, 2016 $0.00
Jul 17, 2016 $0.00
Jul 24, 2016 $239.39 Jul 21, 2016 $239.39
Jul 31, 2016 $0.00

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