Increase stock grocery

Liliane

Eldoret Mwanzo, Kenya

14% repaid

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How it Works

Entrepreneur

Name

Liliane

Member since

February 2015

On-time repayments

127 installments • 35%

About Me

My names are Liliane Adams, aged 31 years old and married with two children. I am a Kenyan citizen born in Kakamenga District, Shirere sublocation, but currently I am living with my family at Mwanzo Estate in Eldoret.

I went to primary school and then later secondary school. I am a Christian born again, serving God under Top Hill Christian Outreach located at Kamukunji Estate in Eldoret, and also I am a treasurer of the same church.

My Business

My business involves buying and selling of cereals, green vegetables, onions, tomatoes, and all manner of goods that are in demand around. I believe that food materials, especially the ones needed locally, will always be at a demand, so that is why I suggested to my husband that I start this business to help him in bringing up the children. It is a good business because raw materials are available locally and the market is also local readily available.

The business will be profitable because most of the food I get from local farmers. The risk facing the business is lack of capital to stock enough. My typical monthly cost is KSH 25,000 ($255 USD), sale revenue is around KSH 15,000 ($153) and profit is above KSH 10,000 ($102), but I am planning to earn more given funding.

I normally spend 50% of my profits supporting my family with emergency needs before my husband earns his salary, while 30% I plough back to the business. 20% goes to miscellaneous expenses and support of my aged mother.

Loan Proposal

Dear Lenders
I thank you very much for the previous loan and trust you will still have confidence in me and fund me again in the next loan.My proposal is that given funding I will use the money 440 Us Dollars that I have applied as follows:-
100 us dollars buy two bags of onions
100 three crates of tomatoes
150 us dollars introduce a new stock of sweet potatoes
90 us dollars clear school fees balance for my children.

God bless you I look forward o your wise consideration

Show original English

About Me

My Names are Liliane Adams ,aged 31 years old married with two children.Iam akenyan citizen born in Kakamenga district,Shirere sub location but currentl living with my FAMILY at Mwanzo estate in Eldoret.I went to primary school and then later secondary school.I am a christian born again serving God under Top Hill Christian Outreach located at Kamukunji estate in Eldoret and also Iam a treasurer of the same church.

My Business

My business involves buying and selling of cereals,green vegetables,onions ,tomatoes ,and all manner of goods that are in demand around. I believe that food materials especially the ones needed locally will always be at a demand so that is why i suggested that to my husband and i start this business to help him in bringing up the children. It is a good business because raw materials are available locally and the market is also local readily available.
The business will be profitable because most of the feed a get from local farmers. The risk facing the business is lack of capital to stock enough.
My typical monthly cost is khs 25,000, sale revenue is around ksh 15000 and profit is above ksh.10,000 but I am planning to earning more given funding.
I normally spend 50% of my profits supporting my family with emergency needs before m husband earns salary,while 30% I plough back to business ,20% miscellaneous and support of my aged mother.