Inventory for wheat and sugar for retail shop

Ochieng

Kesses, Kenya

5% repaid

Entrepreneur

Name

Ochieng

Member since

May 2014

On-time repayments

282 installments  •  20%

About Me

Am Valentine Ochieng , born on the 4th day of June 1991, a second born in a family of four, I sojourn in Kesses a small center in Eldoret town , Uasin Gishu county, Rift valley province, I do retail shop business, import business and am also an employee of Nairobi Aviation Eldoret branch under the department of Aircraft operation , I went to Usare primary school then to Mbita High school and then to Moi University, I started my business immediately after form four so that i can facilitate my education at higher level but since then the business has changed my life since i was able to pursue my degree and currently am able to pay for my sisters school fee who is in form 2 at St.Catherine Girls -Kesses, through my business i have been able to purchase a car for my transport business among other assets , am one man who like serious individual but extrovert, i like swimming , travelling , reading new materials and most of my free time i like playing with my only baby boy or going to a tour with my wife .
Am an aircraft operator and would like in future if financially more stable , open an international school for aviation students and sponsor those students who are willing but unable to persue aviation course.

My Business

I majorly get my finances through my business especially the shop business , there i sell goods like bread , soap, soda or soft drinks among other commodity that are fast moving , my business do well because it is a monopolistic business in the whole region apart from those at the main center , my customers always prefer my goods because they are always fresh and the price is relatively lower compared to those that are sold at the main center , my business is also profitable because i make order at least once after two days and my main suppliers are Eldomatt , Khetia supermarket and Diplomatt General stores , currently am my business is facing financial problems mainly because of the new branch that I had started but has not yet picked well so I still pump some of the cash in the new business
On a monthly basis i can make atleast 150,000/= with a profit margin of about 20,000-30,000/= monthly .If am granted the loan i will invest in the business and make an early payment so that i can qualify for a more cash that can make a great impact positively to my business

Loan Proposal

If am guaranteed the amount I would purchase wheat flour and sugar for my retail shop so as to increase my cash flow and make my customers happier since majority have started ordering in large amount as compered to initial quantity they use to purchase and this is due to the fact that am enjoying the monopoly of the business in the area. This will also increase my profit which i can then plough to my Daycare business which is yet to pick i will really appreciate if am given the loan ..
May God bless you and increase you all , lets change the world and make it a better place even for the next generation . i sincerely appreciate your support .
Thanks

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$230.00

Date disbursed

Oct 21, 2017

Repayment status

Late

Projected term

27 months

Lenders

Martin

Manama, Bahrain

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$10.39

Amount remaining

$219.06

Expected completion

Jan 12, 2020

Status

Repaying late

Installment amount

$4.95

Repayment History

Expected Payments Actual Payments
Oct 29, 2017 $0.00
Nov 5, 2017 $0.99 Jan 6, 2018 $0.99
Nov 12, 2017 $0.00
Nov 19, 2017 $0.00
Nov 26, 2017 $0.00
Dec 3, 2017 $0.00
Dec 10, 2017 $0.00
Dec 17, 2017 $0.00
Dec 24, 2017 $0.00
Dec 31, 2017 $0.00
Jan 7, 2018 $0.00
Jan 14, 2018 $0.49 Jul 4, 2019 $0.49
Jan 21, 2018 $0.00
Jan 28, 2018 $0.00
Feb 4, 2018 $0.00
Feb 11, 2018 $0.00
Feb 18, 2018 $0.00
Feb 25, 2018 $0.00
Mar 4, 2018 $0.00
Mar 11, 2018 $0.00
Mar 18, 2018 $0.00
Mar 25, 2018 $0.00
Apr 1, 2018 $0.00
Apr 8, 2018 $0.00
Apr 15, 2018 $0.00
Apr 22, 2018 $0.00
Apr 29, 2018 $0.00
May 6, 2018 $0.00
May 13, 2018 $0.00
May 20, 2018 $0.00
May 27, 2018 $0.00
Jun 3, 2018 $0.00
Jun 10, 2018 $0.00
Jun 17, 2018 $0.00
Jun 24, 2018 $0.00
Jul 1, 2018 $0.00
Jul 8, 2018 $0.00
Jul 15, 2018 $0.00
Jul 22, 2018 $0.00
Jul 29, 2018 $0.00
Aug 5, 2018 $0.00
Aug 12, 2018 $0.00
Aug 19, 2018 $0.00
Aug 26, 2018 $0.00
Sep 2, 2018 $0.00
Sep 9, 2018 $0.00
Sep 16, 2018 $0.00
Sep 23, 2018 $0.00
Sep 30, 2018 $0.00
Oct 7, 2018 $0.00
Oct 14, 2018 $0.00
Oct 21, 2018 $0.00
Oct 28, 2018 $0.00
Nov 4, 2018 $0.00
Nov 11, 2018 $0.00
Nov 18, 2018 $0.00
Nov 25, 2018 $0.00
Dec 2, 2018 $0.00
Dec 9, 2018 $0.00
Dec 16, 2018 $0.00
Dec 23, 2018 $0.00
Dec 30, 2018 $0.00
Jan 6, 2019 $0.00
Jan 13, 2019 $0.00
Jan 20, 2019 $0.00
Jan 27, 2019 $0.00
Feb 3, 2019 $0.00
Feb 10, 2019 $0.00
Feb 17, 2019 $0.00
Feb 24, 2019 $0.00
Mar 3, 2019 $0.00
Mar 10, 2019 $0.00
Mar 17, 2019 $0.00
Mar 24, 2019 $0.00
Mar 31, 2019 $0.00
Apr 7, 2019 $0.00
Apr 14, 2019 $0.00
Apr 21, 2019 $0.00
Apr 28, 2019 $0.00
May 5, 2019 $0.00
May 12, 2019 $0.00
May 19, 2019 $0.00
May 26, 2019 $0.00
Jun 2, 2019 $0.00
Jun 9, 2019 $0.00
Jun 16, 2019 $0.00
Jun 23, 2019 $0.00
Jun 30, 2019 $0.00
Jul 7, 2019 $7.92 Jul 7, 2019 $7.92
Jul 14, 2019 $0.99 Jul 22, 2019 $0.99
Jul 21, 2019 $0.00
Jul 28, 2019 $4.95
Aug 4, 2019 $4.95
Aug 11, 2019 $4.95
Aug 18, 2019 $4.95
Aug 25, 2019 $4.95
Sep 1, 2019 $9.90
Sep 8, 2019 $9.90
Sep 15, 2019 $9.90
Sep 22, 2019 $9.90
Sep 29, 2019 $9.90
Oct 6, 2019 $9.90
Oct 13, 2019 $9.90
Oct 20, 2019 $9.90
Oct 27, 2019 $9.90
Nov 3, 2019 $9.90
Nov 10, 2019 $9.90
Nov 17, 2019 $9.90
Nov 24, 2019 $9.90
Dec 1, 2019 $9.90
Dec 8, 2019 $9.90
Dec 15, 2019 $9.90
Dec 22, 2019 $9.90
Dec 29, 2019 $9.90
Jan 5, 2020 $9.90
Jan 12, 2020 $6.26

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