Guka shop

Luka

Kabarnet, Kenya

Expired

$14 to go

33% funded of $21 goal

0

days left

Entrepreneur

Name

Luka

Member since

October 2017

On-time repayments

10 installments  •  80%

About Me

i am a kenyan gentle man married to one wife and blessed with 7 kids, i grew up from a humble background, where i started a small business in the village which have been sustaining my family before i joint military. we surrounded by different cultures which developed us to be hardworking.
currently three of my children are working and they have been helpful to us as a family.
i like spending time with my family during my leisure time and this have created a good relationship with my family.

My Business

i am currently operating a small shop in the village dealing with house holds. i venture into this business since i realized that there was untapped opportunity in the field and community members had to travel so far to find a place where they can purchase house hold items.
my current stock is about Ksh. 50,000 and am planning to increase this stock so as to increase my profit from 5% to 10% per week.
the profit will be invested back to the business for the growth of the business.

Loan Proposal

the above loan will be used to re-equip my shop. i will purchase more of house hold products like rice, sugar, cooking fat, soap, salt and many more.
this will enable me meet the daily needs of my customers hence leading to a profit increase of about 20%. besides i will be able to retain my customers thus improving my customer relation which is key in business growth.
my shopping is estimated at ksh. 2000.
thanks very much for funding my first loan.

Feedback

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Loan Info

Project Type

Classic Loan

Amount requested

$21.00

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