Increase my grocery stock to help pay my college fee

Consolata

Bomet, Kenya

17% repaid

Entrepreneur

Name

Consolata

Member since

February 2015

On-time repayments

6 installments  •  17%

About Me

I am a 21 year old born again christian lady.I am a student at Mount Kenya University,MKU per-suing Bachelor of clinical medicine.I am hardworking,ambitious and down to earth.I am the third born in a family of 9,I have 5 siblings who are still in school.My dad is a peasant farmer and my mother a housewife.We struggle a lot to meet our needs especially school fees for my siblings and my university education.My elder brother cleared college and is yet to secure a source of income.We have often held fundraisers at home so as to raise our money.I have been wishing to get a source of income so that I assist my family.

My Business

I stay at Roysambu along Thika Road.Outside our apartment,I run a grocery shop.I sell fruits and vegetables to the nearby fellow tenants.I have ran this business for the past 3 months.I sell sukuma wiki and cabbage which moves so fast especially lunch time and supper.I also sell few fruits since I dont have enough capital.I use a temporary shelter made of of polythene bags as my shop.The business has been running smoothly despite the challenges I get.I have been able to meet money for my daily use.
I collect my vegetables from Muthurwa market which is 1.2USD transport from my shop.I usually buy vegetables worth KSH 600 or 7USD per day and make around 2USD profit and in a week I make KSH 1000 OR 15USD a week.
I usually hire someone to work for me on a temporary basis when I am in school.I pay her ksh 50 or 0.6 USD a day.I look forward to getting more capital so that I can hire someone permanently.
challenges I get is capital that is inadequate and not having someone to work for me.The shelter I use gives me problems often since it is affected by adverse weather conditions such as heavy rains and scorching sun.
People prefer my vegetables since I get very fresh ones from the market,I am so keen on hygiene and I give them competitive rates to ward off competition

Loan Proposal

I will spend my Zidisha loan as follows:KSH2500/USD30 will be used to buy more stock to meet the customer demands.I will buy more fresh vegetables,fruits including apples,pineapples and plums that have more demand here.I will use the remaining KSH1000/USD12 to hire someone to help me run the business since I am in school and I am busy.This will also help me create a job opportunity.
Kindly lenders help make my dream valid.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 16, 2015

Repayment status

Late

Projected term

6 weeks

Lenders

N

naranburgos

Madrid, Spain

K

K

United States

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