David
Nakuru Municipality,shaba, Kenya
$0 to go
100% funded of $100 goal
0
days left
Entrepreneur
Name
David
Member since
January 2013
On-time repayments
16 installments • 0%
About Me
am 30years old married with 2kids a business man and live like 500mtrs from my business.ideveloped interest when i was in sch and after high school i started a small business of selling fruits n second hand clothes in a stall in 2005 and it has grow now into a shop,i hav now employed 5workers ,it has grown now we are about open another shop in town,funds are not enough,my first loan was 5000ksh then 10000ksh then 20000ksh,50000ksh then after 100000ksh,150000ksh the last1 was 200000ksh my businees has grown to be able to sustain it self.we are plannin for xpansion,opening up a new store but funds are limited
My Business
my business is a retail shop.we deal with wide range of products eg house hold goods like cutensils,grocery,malimali,fruits n juices mpesa services,polythene bags etc we are located in an inndustrial area,where as other shops nearby sell industrial and mechanical productseg autospares,oils rubricants.in a good business day our sales i a day is 12000ksh,we shop for goods twice a week,the only mojor risk is fruits gion bad in rainy day.when i started the business and now there is much improvement in my life and the people around me,i use income to pay school fees ,rent,utilitybills
Loan Proposal
i intented to add more stock especially nbroiler eggs which r in high demand.also i plan to add mobile phone accessories eg phone batterys,chargers,earphones,also due to the location there was demand for polythene bags which i intend to introduce...also i plan to buy this indigeius cockrels and hens which are also in high demand and the rest in add more airtime becouse i had less capital.thanks again for your support and i will keep informing u how the business is progressing and may God Bless you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 24, 2013
Repayment status
Late
Projected term
16 months
Lenders
Anaheim, United States
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