Purchasing sugar, rice, and cooking oil stock for my retail shop
Martha
Molo, Kenya
100% repaid
Entrepreneur
Name
Martha
Member since
February 2015
On-time repayments
200 installments • 9%
About Me
I was born in Machakos County in Eastern province of kenya.After the dearth of my parents i was adopted my my Aunt when i was five years old and moved to Western county.That's where i have lived till now am a grown up.
My Aunt was not an able person so i was only lucky to have up to secondary education and after that i ventured into small business.Now i have a small shop where i sell domestic food staff in retail.My dream for my business is one day to be able to have a wholesale of the same in future if given enough capital.
My Business
In my business i sell food staff at retail price.I sell sugar,rice,cooking oil,baking flour,maize flour,tea leaves......I decided to start this business because food staffs has high demand which make it more profitable.I also started the business so as to get myself employed and be able to support my family.
Challenges are many but the most fundamental is lack of enough capital to run this small business.And my business dream is to be able to expand slowly by slowly till it become a wholesale.
My customers are people living around my village and lucky enough i still attract more customers day in day out.
Loan Proposal
I take this opportunity thank this organization for making me part of this family,it's one of it's kind.Now i kindly welcome lenders to read my loan proposal and contribute towards it.
$32.30 i will use to stock sugar,$30 to buy rice,$24.67 to buy cooking oil and $27.40 to buy baking flour.
This loan will enable me get more profit because i will be buying at wholesale price which is cheaper then sell at a smaller quantity at a higher price hence i will be able to generate more income.I see the loan as a blessing since it will help my business grow. Thank you for your continuous generosity
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 2, 2015
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
milano, Italy
Philippines
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