Grocery&farming

Enock

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Enock

Member since

April 2016

On-time repayments

24 installments  •  54%

About Me

I am the fist born in the family of five in nyakeboro village Kisii County.despite my family being surrounded by poverty i complete my education in the year 2005 at form four level and attained a grade c but since my parent were not able you support me continue to join college .I then decided to come to the city of Nairobi in search of employment and found one in a security firm where I was earning 100 dollars per month. With this salary I used to pay family bills and the rest I saved .my hobbies singing and reading.

My Business

With the savings I started a business of a grocery selling fruits and vegetables in my locality. I started this business because of the high demand of the fruits and vegetables in the city residents .I sale fruits such as mangoes, apple, lemons, oranges and vegetables such as sukuma week, cabbages manogu ,spinach etc. my revenue from my business estimates to 200 dollars per month with seven dollars profit per month. I use my profit to pay my bills, reinvest and the rest make savings.

Loan Proposal

I will use the loan in adding stock to my grocery of which I will use 20$for buying stock of water melons,the other money I will use in my farming project which I already have as follows, I will use 230$ to pay workers of which I require 2workers who will go for 2 days hence I will spend 80$ for the whole exersice.I will also use 20$ for buying food to the workers.the remaining amount I will save for any coming emergency in case.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$15.00

Date disbursed

Dec 9, 2017

Repayment status

On Time

Projected term

4 weeks

Lenders

John Minges

United States

AV

Alex Victor

Scottsdale, United States

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