Grocery shop start up capital

Anthony Mugire

Matharenorth, Kenya

100% repaid

Entrepreneur

Name

Anthony Mugire

Member since

July 2014

On-time repayments

141 installments  •  69%

About Me

am a young aduld who is great need of pursuing and completing his career choice but was unable to do so due to some finantial constraint and some social issues which required my full intervention.am pusuing an accounting course that had started last year and still continuing with it but i may temporary stop attending my classes because of finantial issues

My Business

am an hotelier and works at jambo grill ltd along thika superhighway, have worked there for 3 years and my current salary is US Dollars 150 per month and therefore this wii be my source of income in repaying the loan on monthly basis.jambo grill has been my employer for the last three years and it has a stable clientele base.our salary have been always been paid in time with no delays and also it has a strong managerial structure

Loan Proposal

i do stay in an area that is densely populated,and from this i realized a businness opportunity of opening up a grocery shop within my area of resident and by doing so i definately hope that it will be a great reliefe to the population that stay nearby.The loan together with part of my savings will be channelled towards renting a shop that will shelter my stock and furnitures,purhase of stock and documentation of legal licences to the municipal council

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$97.18

Date disbursed

Dec 8, 2014

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Lender interest: $97.18 at 8.87% annual rate over 1 month = $1.14

Service fee: $0.48

Lenders

P

phangsang

Seattle, United States

Cricketca

San Jose, United States

J

jdallatezza

United States

Voscke

Utrecht, Netherlands

SE

Sven E

Mannheim, Germany

T

Tom

Germany

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