Derety

Nairobi-fedha, Kenya

100% repaid

Entrepreneur

Name

Derety

Member since

July 2013

On-time repayments

153 installments  •  8%

About Me

I AM 21yrs old.staying with my parents at Fedha near pipeline Nairobi.i just finished my O levels in the year 2011 and there after i didn't proceed to campus due to school fees though a good grades that could enable me.currently i am running a shop at Fedha estate where we reside up-to evening when my mother assists me as i go to classes at pipeline a college called Talons institute as i pursue CPA course currently at CPA 11.
My mother and i are the only ones as my mother separated when i was young.when i finished school my mother made savings and we started up the shop in the ground floor floor that we leave.
we buy goods as sugar,soap etc and sell it at retail price and we serve the entire building and the neighbors too.

My Business

As earlier noted,when i finished school my mother made savings and we started up the shop in the ground floor floor that we leave.
we buy goods as sugar,soap,cooking oil,t/leaves,salt etc and sell it at retail price and we serve the entire building and the neighbors too.
its profitable as we get our stock at whole sellers at a place called KIKOMBAA which has really assisted us as the business is our main source of income.
There is also high demand as we stock cheap high quality products.The risk are not much as our stocks move only that most of our customers take goods on credit and therefore held stock.
I have registered my CPA lessons and its the business which educates me and we rely everything on it.
If i will be given the loan i will use it to increase our stock for our growing business.

Loan Proposal

I am great for the first loan help improve our our shop.we also have been making saving s and i have not resumed to school we decided to clear up the loan and take a new to improve our shop once more.
we will now use the loan to improve the the stock in purchasing the faster moving goods as we did before.
Thank you for the great support and God bless you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.00

Date disbursed

Oct 10, 2013

Repayment status

On Time

Projected term

22 months

Lenders

RogierEpping

Amersfoort, Netherlands

Greg1

Southampton, United Kingdom

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