Increased stork

Geoffrey

Mazeras, Kenya

100% repaid

Entrepreneur

Name

Geoffrey

Member since

September 2016

On-time repayments

77 installments  •  69%

About Me

I was born on 8/11/1987 in a village called muthingiini makueni county. I'm a first born of mr katumo katoa and mrs Alice katumo. I started my primary education in 1994 at Iiani primary school and completed in 2002. Then I started a small business selling groundnuts at my home village it was not doing very well. Then i went to mazeras town in kilifi county to find a job. I was employed as a shop keeper for two years. Then the shop got burned and left me jobless. I then started working in a farm for a year and got a capital to start my own kiosk and it has grown up to a shop now. People here like farming and selling coconuts. My child wants to be come a business man when he grow up. I like watching football.

My Business

I sell almost everything sold in a retail shop such as milk, bread, maize floor, sugar, washing soaps, tea leaves, blue band etc. They are in high demand because people cannot do without using these types of goods in their daily use. I choose this kind of business because they sell faster and have good profit. My typical cost for license is 5,000 KES per year electricity about 3,000 KES per month. I used the profit for home improvement and school fees for my son.

Loan Proposal

I will by 10 bundles of maize floor at 12$ each. 50 packets ot fresh milk at half $ per packet. 20 peaces of bread at half $ per bread. 1 bag of sugar at 50 $. It will increase the number of my customers and profit. My profit will increase for 20$ per day

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$286.00

Date disbursed

Sep 15, 2016

Repayment status

On Time

Projected term

4 months

Lenders

PG

Paul Graham

United States

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