Help me put up a shop for my cereal business

Nelly Mungai

Ruaka Town, Kenya

100% repaid

Entrepreneur

Name

Nelly Mungai

Member since

May 2014

On-time repayments

304 installments  •  46%

About Me

My name is Nelly Mungai and I live in Ruaka in the Kiambu county with my siblings and parents. I am a graduate from Daystar University having studied Community Development and I am currently undertaking a diploma in Project Management at the Kenya Institute of Management.

I am a business minded young adult. Since I graduated from Daystar, I have started my very own business where I sell rice I get from Mwea and sell it in retail but over time I've begun selling the rice in wholesale. The purpose of me starting this business was to support my family and I. Other than that, it helped with keeping me busy and ever since I've become a lot more independent.

Some of my hobbies include watching movies, listening to music as it keeps me relaxed, and travelling, especially out of Nairobi as i enjoy the fresh air and simply admiring the beauty of the surroundings - I love nature.

My Business

I get my rice from Mwea and sell it in Ruaka and the Parklands area. I generally target the private schools and hotels, therefore I am able to sell my rice at whole price and stock moves fast since rice is a staple food.

My customers prefer me over others as I only sell high quality rice(pure pishori with absolutely no mixture of local rice) at very reasonable prices and also because I deliver the rice on time. I have been able to expand my business to other areas as my clients have given me new referrals. Aside from that, I work for as a Mortgage Advisor for an International Corporation.

I believe once I receive a loan, my business will be able to grow as I would be able to add more stock to my business and I will be able to repay the loan within the promised time. I will be able to do so with the money I make from the sales of the rice as well as the salary.

Loan Proposal

hello zidisha.,
with this loan i do intend to open a shop at ruaka shoping centre where i have done a market research and realised there is market for different cereals and it will be profitable since i will be selling in wholesale and retail.this will lead to the growth of my business and in future i can open differen shops in different towns.
when i receive the loan this is how i am going to invest it , 120 dollar will be used to pay the deposit and rent for the shop,50 dollars will for the license.255 dollars will used to increase the cereals so that i have enough stock,20 dollars will be for the transport.

so that i don't lose the existing customers intend plan myself on the days that i will deliver the cereal without any inconvinces. In a week i will be paying my loan 14.24 dollars and i will be managing to to save and also restock my business.
by having a shop this will attract more customers to the already existing one and this will mean more income.
thank you zidisha team for the supportj

Show original English  

About Me

Hello Zidisha Family,

I was born in 1989,in Kiambu county ,i am a first born of two.Both my parents worked hard to ensure that we got proper education, food and shelter.It wasn't an easy journey for my parents to cater for needs since both of them were not in stable employment. .
After my secondary education, i started volunteering in children's home and in the community before i joined the university to study community development.
I was lucky enough because my university education was half sponsored thus it meant that i wont study full time since i had to look for a job in order to help raise the rest of the school fees and also support my aging parents and sibling.I would get second hand clothes and resell them to my fellow students thus save and get some pocket money, My financial difficulties helped me to mature and independent, i am always looking for new opportunities to better my life and that of my family members
In my free time,i read novels,educative and informative materials so that i learn more and know whats happening in the world i love traveling especially out of Nairobi because of the fresh air and see how beautiful our country is. I volunteer in children's home over the weekend.
I am also involved in a youth empowerment programme in Kiambu county where i help in mentoring young ladies on how to become independent, how to handle peer pressure.This has been a great experience and I gotten an opportunity to learn from other youths and has helped me in networking. This is my way of giving back to the community.

My Business

hello,zidisha family,I am currently employed by a local bank in Kenya and ,one sell cereals and handbags and shoes online.the past year business was badly affected by the political climate in our country and things are yet to stabilize.
I love the cereal business because everyone in the country use one type of cereals and its quite profitable,the online business however its profitable during the end months and the festive seasons.

Loan Proposal

hello zidisha.,
with this loan i do intend to open a shop at ruaka shoping centre where i have done a market research and realised there is market for different cereals and it will be profitable since i will be selling in wholesale and retail.this will lead to the growth of my business and in future i can open differen shops in different towns.
when i receive the loan this is how i am going to invest it , 120 dollar will be used to pay the deposit and rent for the shop,50 dollars will for the license.255 dollars will used to increase the cereals so that i have enough stock,20 dollars will be for the transport.

so that i don't lose the existing customers intend plan myself on the days that i will deliver the cereal without any inconvinces. In a week i will be paying my loan 14.24 dollars and i will be managing to to save and also restock my business.
by having a shop this will attract more customers to the already existing one and this will mean more income.
thank you zidisha team for the supportj

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$446.00

Date disbursed

Sep 4, 2014

Repayment status

On Time

Projected term

17 months

Lenders

investor

Candiac, Canada

D

drjofleming

UK, United Kingdom

C

cjmenchaca

Austin, United States

SeeMeeFi

Ontario, Canada

M

markusfitza

College Station, United States

C

cfaul

Seattle, United States

fairspirit

Utrecht, Netherlands

N

netsirkd

Highland, United States

joaoferraz

RINCHOA, Portugal

G

Goldrivermob

Gold River, Canada

D

Don100

Wilton, United States

Stefano Bertolo

Luxembourg, Luxembourg

Atheist4good

United States

S

SammyGeorge

Belfast, United Kingdom

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

T

thebonseung

Republic of Korea

T

tontonca

United States

K

Karpet

Faroe Islands

mepster

San Francisco, Ca, United States

Leonardia

Waddinxveen, Netherlands

X

Xankari

Netherlands

ThomasJosef

Berlin, Germany

C

Crainster

Chapel Hill, United States

V

VeraG

Germany

Ask Nelly a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$506.09

Amount remaining

$0.00

Date repaid

Feb 10, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 13, 2014 $5.75 Sep 7, 2014 $5.75
Sep 20, 2014 $5.75 Sep 14, 2014 $5.75
Sep 27, 2014 $5.75 Sep 23, 2014 $5.75
Oct 4, 2014 $5.75 Sep 23, 2014 $5.75
Oct 11, 2014 $5.75 Sep 23, 2014 $5.75
Oct 18, 2014 $5.75 Oct 27, 2014 $5.75
Oct 25, 2014 $5.75 Oct 27, 2014 $5.75
Nov 1, 2014 $5.75 Oct 27, 2014 $5.75
Nov 8, 2014 $5.75 Oct 27, 2014 $5.75
Nov 15, 2014 $5.75 Nov 25, 2014 $5.75
Nov 22, 2014 $5.75 Nov 25, 2014 $5.75
Nov 29, 2014 $5.75 Nov 25, 2014 $5.75
Dec 6, 2014 $5.75 Nov 25, 2014 $5.75
Dec 13, 2014 $5.75 Nov 25, 2014 $5.75
Dec 20, 2014 $5.75 Nov 25, 2014 $1.15
Jan 24, 2015 $4.60
Dec 27, 2014 $5.75 Jan 24, 2015 $5.75
Jan 3, 2015 $5.75 Jan 24, 2015 $5.75
Jan 10, 2015 $5.75 Jan 24, 2015 $5.75
Jan 17, 2015 $5.75 Jan 24, 2015 $5.75
Jan 24, 2015 $5.75 Jan 24, 2015 $1.44
Feb 13, 2015 $4.31
Jan 31, 2015 $5.75 Feb 13, 2015 $5.75
Feb 7, 2015 $5.75 Feb 13, 2015 $5.75
Feb 14, 2015 $5.75 Feb 13, 2015 $5.75
Feb 21, 2015 $5.75 Feb 13, 2015 $5.75
Feb 28, 2015 $5.75 Feb 13, 2015 $0.29
Mar 25, 2015 $5.46
Mar 7, 2015 $5.75 Mar 25, 2015 $5.75
Mar 14, 2015 $5.75 Mar 25, 2015 $5.75
Mar 21, 2015 $5.75 Mar 25, 2015 $5.75
Mar 28, 2015 $5.75 Mar 25, 2015 $0.29
Apr 11, 2015 $5.46
Apr 4, 2015 $5.75 Apr 11, 2015 $5.75
Apr 11, 2015 $5.75 Apr 11, 2015 $5.46
May 6, 2015 $0.29
Apr 18, 2015 $5.75 May 6, 2015 $5.75
Apr 25, 2015 $5.75 May 6, 2015 $4.31
May 27, 2015 $1.44
May 2, 2015 $5.75 May 27, 2015 $5.75
May 9, 2015 $5.75 May 27, 2015 $5.75
May 16, 2015 $5.75 May 27, 2015 $3.74
Jun 11, 2015 $2.01
May 23, 2015 $5.75 Jun 11, 2015 $5.75
May 30, 2015 $5.75 Jun 11, 2015 $5.75
Jun 6, 2015 $5.75 Jun 11, 2015 $2.59
Jul 9, 2015 $3.16
Jun 13, 2015 $5.75 Jul 9, 2015 $2.59
Jul 26, 2015 $3.16
Jun 20, 2015 $5.75 Jul 26, 2015 $5.75
Jun 27, 2015 $5.75 Jul 26, 2015 $5.75
Jul 4, 2015 $5.75 Jul 26, 2015 $0.29
Jul 30, 2015 $5.46
Jul 11, 2015 $5.75 Jul 30, 2015 $5.75
Jul 18, 2015 $5.75 Jul 30, 2015 $0.29
Aug 15, 2015 $5.46
Jul 25, 2015 $5.75 Aug 15, 2015 $0.29
Aug 26, 2015 $5.46
Aug 1, 2015 $5.75 Aug 26, 2015 $5.75
Aug 8, 2015 $5.75 Aug 26, 2015 $5.75
Aug 15, 2015 $5.75 Aug 26, 2015 $5.75
Aug 22, 2015 $5.75 Aug 26, 2015 $0.29
Sep 25, 2015 $5.46
Aug 29, 2015 $5.75 Sep 25, 2015 $5.75
Sep 5, 2015 $5.75 Sep 25, 2015 $0.86
Oct 3, 2015 $4.89
Sep 12, 2015 $5.75 Oct 3, 2015 $0.29
Oct 17, 2015 $5.46
Sep 19, 2015 $5.75 Oct 24, 2015 $5.75
Sep 26, 2015 $5.75 Oct 24, 2015 $5.75
Oct 3, 2015 $5.75 Oct 31, 2015 $5.75
Oct 10, 2015 $5.75 Oct 31, 2015 $1.15
Nov 15, 2015 $4.60
Oct 17, 2015 $5.75 Nov 15, 2015 $0.86
Nov 23, 2015 $4.89
Oct 24, 2015 $0.63 Nov 23, 2015 $0.63
Oct 31, 2015 $0.00
Nov 7, 2015 $0.00
Nov 14, 2015 $0.00
Nov 21, 2015 $0.00
Nov 28, 2015 $8.62 Nov 26, 2015 $8.62
Dec 5, 2015 $8.62 Nov 26, 2015 $8.62
Dec 12, 2015 $8.62 Dec 19, 2015 $8.62
Dec 19, 2015 $8.62 Dec 19, 2015 $8.62
Dec 26, 2015 $8.62 Jan 14, 2016 $8.62
Jan 2, 2016 $8.62 Jan 14, 2016 $0.57
Jan 25, 2016 $8.05
Jan 9, 2016 $8.62 Jan 25, 2016 $8.62
Jan 16, 2016 $8.62 Jan 25, 2016 $8.62
Jan 23, 2016 $8.62 Jan 25, 2016 $8.62
Jan 30, 2016 $0.57 Jan 25, 2016 $0.57
Feb 6, 2016 $17.24 Feb 8, 2016 $17.24
Feb 13, 2016 $22.99 Feb 9, 2016 $22.99
Feb 20, 2016 $22.99 Feb 9, 2016 $16.09
Feb 10, 2016 $6.90
Feb 27, 2016 $30.75 Feb 10, 2016 $30.75

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