Increase stock for my grocery

Kellyabwo

Nakuru Y.m.c.a, Kenya

100% repaid

Entrepreneur

Name

Kellyabwo

Member since

April 2014

On-time repayments

59 installments  •  68%

About Me

I am a committed Christian I attend Nakuru Central S.D.A church in Nakuru town. I was born in Tinga
village Nyamira county in 1985, I later on joined my education wherby I attended Nyaikuro primary school which is in Bogwendo sublocation, Manga Division situated in Nyamira County. I undertook high school education at Kebirigo high. After my secondary I joined Brilliant College of Accountancy where I did my K.A.T.C (technical level) and my CPA (professional level 1-5 ) I later joined Achivers college of professionals for my Final level ( CPA 6). I graduated in decenber 2016 from at Kabaraak University in Nakuru with bachelor's degree in commerce (B-COM) Finance option second class upper. I am currently Working with as a schools auditor Nakuru County. Beside this am running a business in section 58 Nakuru. During my free time I like social work as a way of giving back to the community, mentoring the younger generation through motivational talks and watching football especially during the weekends.

My Business

I operate a kiok business in section 58 in nakuru approximately one and half kilometers from Nakuru town. Where I sell food stuffs such as unga(flour), biscuits, sweets, mandazis, phone airtime which are fast moving products. I choose do engage in this business because of the high population in this area and so many road juctions in this area which gives me a very big number of customers hence high stock turnover in a week enabling me to make high returns. Despite of having other kiosks around my customers tend to love my shop due to the quality of services and customer friendliness of my place this has enabled me attract and retain more customers throughout the years.
In a month am able to make averagely USD 1000 in normal times but upto USD 1200 in peak seasons I.e when schools close in April, August and December when the population of people with families increase tremendously. Am also projecting high demand of my products due to the favourable. climate in the fourth comming general elections. My expenditures for the month include; Rent, electricity, labour and purchases which translate to averagely USD 700 in a month.In addition am operating milk ATM which has really booster not only my income but also the community at large.

Loan Proposal

Am anticipating to boost my business with more capital so that I may achieve its growth prospect in future to actualize my business plan. Am intending to use 900 Dollars increase my stock and use the remainder in improving the outlook the business premises I.e painting and rebranding. Am projecting to increase profit margin from the current 25% to 30%

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$131.00

Date disbursed

Feb 1, 2017

Repayment status

On Time

Projected term

2 months

Lenders

AndreaBravi

London, UK, Canada

H

HobbyCollector

Beach City, United States

Paul Buchheit

Mountain View, United States

mhooper1962

London, United Kingdom

S

Sven

Netherlands

PG

Paul Graham

United States

N

Nick

United States

E

Eyad

Saudi Arabia

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Adam Fraser

Cambridge, United Kingdom

R

RMIM

United States

Paul Buchheit

Mountain View, United States

A

Adriaan

Netherlands

A

Anonymous

United States

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  • Kellyabwo    May 27, 2023

    Thanks so much and am humbled to zidisha fraternity for financing my application. Am intending to utilize the loan to purchase a generator for irrigation on my farm. Currently am doing chill pepper farming on a 5 acre piece. Am projecting to export the pepper in the next one month as the first lot is at flowering stage. Thanks so much once more. Zidisha oyeee!!!

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  • Kellyabwo    May 27, 2023

    Hey zidisha members,
    Am greatful to the zidisha family for the previous financing support. Am currently doing farming and I was able to successfully harvest the cabbage that had planted through irrigation.

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  • Kellyabwo    Feb 9, 2018

    Because the cash flow of my business reduced due to the heavy investment I made by diversification of my porfolio

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  • Kellyabwo    Dec 13, 2017

    I acknowledge that have received a total of Kshs 30,022.00 net amount. Am thankful to Zidisha family for the funding of my loan. Am going to utilize the funds in financing the Milk ATM that I acquired on hire purchase and increase my stock.

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  • Kellyabwo    Dec 10, 2017

    I thank Zidisha family for having faith in me and fully funding my loan. Am intend to use the funds to finance my milk ATM about 200 dollars and utilize the balance to buy stock for the business. I belief the funding will increase my profit margin by 3% and come closer to one day fully own the ATM machine. Thanks so much.

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  • Kellyabwo    Dec 4, 2017

    Because of Zidisha my dream to acquire Milk ATM has been actualized. I look forward to do good business during this festive season and above all we thank God for the current prevailing climate which is really favourable.

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  • Kellyabwo    Nov 26, 2017

    I managed to acquire the milk ATM and am on course paying the installments as I purchased through hire purchase. Am able to sale at least 60 liters a day and my profit margin is 25%

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  • Kellyabwo    Oct 2, 2017

    I take this opportunity to thank the Zidisha family for fully financing my loan. I received kshs. 20433 and am in the process of acquiring the milk ATM. Thanks a lot its a dream come through.

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  • Kellyabwo    Sep 25, 2017

    Thanks so much Zidisha for fully funding my loan .I intend to use the funds to buy a milk ATM. This will assist me to diversify my business portfolio.

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  • Kellyabwo    Sep 18, 2017

    I used my previous loan to increase my capital through stock increase.

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  • Kellyabwo    Aug 16, 2017

    Hey, the concerns raised by Samuel are true and I acknowledge that he addressed the matter by bringing it to the attention on the loan was date paid and transaction number to Zidisha customer Care. Am deeply affected by the non updating of my loan two loan payments installments. Despite of my complaints through email the matter has not been addressed and have not received any response. Hope customer care will move with speed and address any technical hitch that might have occurred with my account so that I can honer my obligation by updating my next installment. Thanks in advance for your corporation.

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  • Samuel    Aug 16, 2017

    Hi Lenders, I have talked with Kellyabwo Onchwari and he claim that he had made the two payment on 3/8/17 and 12/08/2017 respectively and they have not reflected on his repayment schedule. below is the payment messages sent via mpesa by his phone number kindly validate. thank you for great support.

    LH37RL6WCJ Confirmed. Ksh2,200.00 sent to Zidisha Inc. for account 0728903207 on 3/8/17 at 8:57 PM New M-PESA balance is Ksh7,889.23. Transaction cost, Ksh22.00.

    LHC7UNRVSX Confirmed. Ksh2,200.00 sent to Zidisha Inc. for account 0728903207 on 12/8/17 at 9:40 PM New M-PESA balance is Ksh5,943.20. Transaction cost, Ksh22.00.

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  • Kellyabwo    Jul 3, 2017

    Hi zidisha family!!! It's with great humility that I wish to thank you for considering my application and fully funded my loan. I acknowledge the receipt of kshs 19,483.00. I used the funds to acquire additional stock of cereals: maize flour, baking flour, cooking oil, rice and soft drinks. Live long zidisha.

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  • Kellyabwo    Jun 27, 2017

    Thanks to zidisha organization for helping me this far and Financing me this far. I will buy the much needed cereals which are on demand that will help Me increase the profit and avail the much needed commodity.

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  • Kellyabwo    Jun 17, 2017

    The previous loan that I received I was able to increase my stock and re-branded the premises. The new outlook uplifted my sales and my business was stable. The reason as to why I had not applied for more credit I the previous months.

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  • Kellyabwo    Mar 2, 2017

    Hellow zidisha family!! Am sincerely appreciating the funds that I was funded amounting to kshs 12,354.00 as loan. I have managed increase the stock of my business greatly and its performance is better and better every day. Thanks to zidisha for making my dream come true of being an entrepreneur. Live long zidisha. Thanks

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  • Kellyabwo    Jan 28, 2017

    Hellow lenders,
    I take this opportunity to thank you so much for considering my application and funding me. I intend to use the funds to stock my grocery business with items I.e sugar, rice,cooking oil, baking flour, soft drinks which I estimate to cost about 900 US Dollars. The difference I will use to uplift the outlook of the premise by repairing, rebranding and painting. This will help me to grow the business greatly. Thank you so much in advance and may God bless you.

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  • Kellyabwo    Jan 21, 2017

    Hi lenders? I wish to thank you for the opportunity that I received credit from your organization. I was able to accomplish my mission successfully to increase stock and avoid stockout in my grocery. Thank you so much live long zidisha.

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  • Kellyabwo    Dec 7, 2016

    Hi lenders? I wish to tank you so much go the funds. I appliciate your kindness and wish to acknowledge that I have received kshs 12,344.00. I will utilize the funds to purchase more stock in my business. Thanks.
    With kind regards, Kelvin obwaya

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