I will use 60$ for paying rent for the shop

Joash

Nakuru, Mawanga, Kenya

Funds disbursed

$0 to go

100% funded of $286 goal

0

days left

Entrepreneur

Name

Joash

Member since

September 2016

On-time repayments

95 installments  •  0%

About Me

My name is Joash. I am a proud father and husband. I come from kisii but I live in Nakuru and my home place where I was born is Western kenya,I grow staple food is bananas which most people in Africa refer to as matoke. I manage to provide for my family through my minimum wage salary. Since my children are still very young we get by graciously. My wife was recently a house wife and since our children started going to nursery school she has had a lot of time on her hands which we both felt could be used in more productive ways. This way once our children grow we can manage to combine both our efforts to improve our financial position as a family.

My Business

We were able to clear some space outside the house where she was able to start selling two bags of cereal and fried groundnuts to small children around the Neighboring school. So far it is growing at a reasonable pace where it produces approximately 250ksh daily. If we had a shop we would manage to get better results and if our loan is funded that would mean that we would be able to add more stock to the shop and be able to carry on with our dream of financial stability

Loan Proposal

I will use 60$ for paying rent for the shop. 30$ to acquire the necessary license. 20$ to add more peanuts and paper to package It into small quantities. 50$ will be used to add more stock of cereals. And approximately 30$ to do the minor repairs needed.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$286.00

Date disbursed

Sep 22, 2016

Repayment status

Late

Projected term

23 months

Lenders

The Zinc Team

San Francisco, United States

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