Increasing stock of foodstuff & plastic items to resell

John Chomba

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $587 goal

0

days left

Entrepreneur

Name

John Chomba

Location

Nakuru, Kenya

On-time repayments

19 weekly installments  •  53%

About Me

I went to Wei primary school and join Wei secondary school. I later join Tambach Teachers College.I am a teacher employed in a private primary school.I like involving myself in our business when i am free.when am back to work, the business is managed by my wife.

My Business

We have opened a small business with my wife. we sell different types of household items like sugar,rice,maize and wheat flour,some cereals,cooking oil,detergents and many others.l buy these goods in wholesale and then later sell them to my customers in retail.Its a good business because one cannot stay without making sale during the day.I fund it using the small income from my teaching job.I use my profit to expand the business.I am planning to start selling some of the products in wholesale like sweets, rice,sugar,sanitary towels and others.l would like to improved my shop now that our country is gradually reopening the economy and business will start to pick even well.

Loan Proposal

The demand for foodstuffs in my area has shot up. This means that the supply for foodstuffs in the area is low.I am taking this chance to supply.l will buy millet worth 20000,maize worth 8000,greengrams worth 8000,beans worth 20000 and cooking oil worth 5000.I will aslo supplement my business with Nikos and plastics materials worth 2000.all these materials,l will buy in wholesale and sell in retail.

Income Source

Now that economy has opened in our country. There is circulation of money in the market.my commodities are fast moving products and u make sale daily.I also employed and I can use this income to supplement my repayment of the loan.

Feedback

5

None

1

  • Erik G    Dec 11, 2020

    Unfortunately John did not communicate at all on his last loan despite being months late with all the repayments and being asked many times what the challenges were. Disappointing after his previous track record.

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  • Erik G    Sep 1, 2020

    405USD loan paid back on schedule and in full. Looks like you are doing really solid job of managing the expansion of your business John. Happy to support another loan if that in your plans.

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  • guenter    Sep 1, 2020

    John payed back very well, and he kept us informed (he posted about his progress, very appreciated).

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  • Mark Weir    Jul 29, 2020

    Second loan and paid back on the dot, well done John. Happy to continually support when needed.

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  • Victoria    Jul 14, 2020

    A great person to support. Payments were made on time.

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  • Mark Weir    Jun 20, 2020

    John was a pleasure to work with and great to see it helped his retail business. Would be more than happy to work with him again. Stay safe John

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Loan Info

Project Type

Classic Loan

Disbursed amount

$546.92

Date disbursed

Sep 8, 2020

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: 10% of $546.92 = $52.81

Credit risk payment: $79.23

Optional expediting fee: $52.81

Lenders

HI

Highly Improbable

Saskatoon, Canada

investor

Candiac, Canada

M

MarkAndMary

Seattle, United States

tycho

Madison, WI, United States

PaulE

Cockeysville, MD, United States

AltruisticSelfishnes

Chicago, United States

F

FHult

Stockholm, Sweden

T

Tallago3

Munich, Germany

C

cjmenchaca

Austin, United States

Tavin

Ottawa, Canada

C

cyrilleberger

Gammalkil, Sweden

D

Divergent

Bethesda, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

Ingela

Falun, Sweden

V

Valis

Singapore, Singapore

P

prehders

Hamburg, Germany

G

Goldrivermob

Gold River, Canada

A

AndrewC

London, United Kingdom

L

Leonora

TÄBY, Sweden

R

run426

DeBary, United States

JonB

London, United Kingdom

xtrahardware

Cazenovia, United States

lizandsteve

guelph, Canada

Freewolf

Salt Lake City, United States

MrMichigander

Marquette, United States

mikeice

Kohler, United States

Scotts5320

New York, United States

sderickson

Berkeley, CA, United States

G

GoughGirl

Washington, Dc, United States

SBlue1

Germany

M

Mj11991

Cleveland, United States

johnhudson

Washington, DC, United States

B

bscent

Hong Kong

Grant Xavier Storer

Seattle, Wa, United States

Mimobo

Schwäbisch Gmünd, Germany, Germany

PolarBearCapital

United States

T

thehigginsons

United Kingdom

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

Dave Bogard

New York, United States

Mark

Nijmegen, Netherlands

E

erica

antwerpen, Belgium

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

I

Ian

United Kingdom

ME

Manaal Eisa

Washington DC, United States

TH

tom hd

United Kingdom

Carla

Amsterdam, Netherlands

V

Vidar

Oslo, Norway

I

isaac

United Kingdom

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

Ramon Maghsoudi

San Francisco, United States

Sinan Taifour

Munich, Germany, Germany

SA

Shar Alamdari

Los Angeles, United States

F

Frank

United States

chessplayer

Berlin, Germany

MF

Mike Frawley

United States

JA

Joshua Axtell

United States

JV

Jose Vidal

New York, United States

Day Family

Melbourne, Australia

VC

Victor Chong

United States

Ellen

Michigan, United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

hervey liu

United States

NH

Nancy Hull

United States

Melissa K

Portland, Oregon, United States

Dean Suminski

Portland, Oregon, United States

JF

J Fister

United States

R

RMIM

United States

Jane

Ontario, Canada

S

Sarah

Arlington, United States

A

Alex

United States

BN

Brian Neilon

United States

Nethanel Kohen

NYC, United States

MC

Melissa Corrigan

Richmond, California, United States

Carrie

Arlington, MA, United States

Darren Jeppson

Denver, Colorado, United States

H

Haley

United States

Mai Phuong Nguyen

Nashville, United States

RW

Ronald Waite

United States

E

EJOBIV

United States

PJ

Pike Juniors

Adelaide, Australia

Remo

Switzerland

DO

Denis Ontiveros

Guildford, United Kingdom

We Not Me

St. Paul, Minnesota, United States

L

Lisa

United States

EA

Eric Ayers

Atlanta, United States

Jeanette

Fort Worth, Texas, United States

Peter Collins

Darmstadt, Germany

Tim

Utrecht, Netherlands

MA

Maggie and M

United Kingdom

Andrew

United States

B

Bram

Germany

JR

Jose Ramirez

World, Spain

R

Roman

Germany

RS

Ralph Smyth

United Kingdom

GF

Gammon Family

United States

NB

Nikolaus Bührer

Karlsruhe, Germany

T

Tim

Germany

M

MaggieK

United States

DH

David Hopkins

United States

M

Melissa

United States

DB

David Buchanan

Ilmenau, Germany

Chris

Netherlands

R

Ru

New York, United States

V

Vic

Finland

MC

Mike Cormack

Vancouver, Canada

MN

Mike Newhof

Grand Rapids, MI, United States

C

Christian

Switzerland

H

HJ

Switzerland

EG

Erik G

Switzerland

Utahna

United States

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