Local beans, maize & millet for our shop
John Chomba
Nakuru, Kenya
100% repaid
Entrepreneur
Name
John Chomba
Member since
March 2015
On-time repayments
23 installments • 61%
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
I am planning to restock my shop with local grains like beans,maize and millet.I am going to buy this in wholesale and later sell in retail.This means that l going to make much profit.I will also restock sugar and rice in my shop.
Income Source
These items been staple food items.They are day to day consumption to my customers. This means I can't go without a sale in a day. Besides I can use my side hustle to repay on time.
Feedback
Positive
5
Neutral
None
Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$405.00
Date disbursed
Aug 3, 2020
Repayment status
On Time
Projected term
4 weeks
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