High vision general shop project

Julius

Kianyaga, Kenya

29% repaid

Entrepreneur

Name

Julius

Member since

January 2015

On-time repayments

227 installments  •  9%

About Me

My name is Julius. I have a diploma in IT and currently undertaking a diploma in legal studies. I started to think about a shop after joining the college since I could not be relying on my parents for everything. I started with a small stock of about Ksh10000 which was very little stock. I needed a source of revenue to support myself and also ease the big burden of school fee from my parents. I decided to study as a distant student so as I would have an ample time to take care of my shop. I am going well with the shop and happy since even after finishing school I wont be stranded looking for jobs.

My Business

My business is a small shop which I started with a capital of about Ksh10000. The shop doesnt have a huge stock but it good and am hoping it would get big. My dream is to grow it into a supermarket by 2017. Currently I have started making garmets in the same shop and sometimes visiting customers into their homesteads selling to them. What i am calling my 'fieldwork'

Loan Proposal

With this loan i would be able to increase my stock from the current 10000 so that I would be able to have more commodities like the one my customers don't find in the shop. Also it would help me to purchase more garment making materials and possibly hire someone who can help me in selling, Since when close the shop every time i go selling the garmets in the field

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 29, 2015

Repayment status

Late

Projected term

53 months

Lenders

Veeti

Helsinki, Finland

Fox Family

Costa Rica

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  • Julius    Oct 18, 2018

    My business failed. I am trying to rise up again

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  • Julius    Sep 28, 2015

    My business went down. I am working to come back live again

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  • Julius    Jun 10, 2015

    We had a problem with my wife and it affected me and the business. I later then got sick and just recovered this week. I have started working online for online transcriptions and since I don't have much experience, I am not sure how much I would be making per week. Please consider my request. I will adjust as soon as I start recovering from the loses.

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  • Ole Martin Pettersen    Feb 8, 2015

    Thanks for your, so far, swift repayments!

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