Inventory of bulky edible goods for my customers

Charles Maina

Bavuni, Kenya

100% repaid

Entrepreneur

Name

Charles Maina

Member since

April 2013

On-time repayments

253 installments  •  3%

About Me

My names are Charles Maina Karanja.I am a permanent resident of Wanyororo Estate,Bavuni which is in Nakuru County,Kenya.I am 29 years of age,a husband to one beautiful wife by the name Wairimu and a father of one boy,Fred who is turning three years old come January 2015..I am the sole bread winner in my home and so i have to be work hard to make my family's future a bright one.Currently i own a small shop here at the Miti-Tatu Center and i deal with domestic goods,both edible and non edible.Thank you

My Business

My business name is called Mali Rahisi store.It is located here in Miti-Tatu Centre in Wanyororo Village,Bavuni,Bahati Divishion,Nakuru County.I have been in this shop business for 3 years now,by December20th.I normally renews my business permit annually through the Bahati Sub-County authorities offices located at the Bahati.
In my shop i deal with edible goods and non-edible goods.This makes most of customers to come for my services since i offer wide varieties of selection and at a reasonable prices too.For a couple of times,i have been willing to make my store a mini-Supermarket which sometimes becomes a bigger challenge to me and especially on the finances.For example,during the month of November,i was able to get a net profit of 200 U.S.D.After i minus all the expenses,i was left with almost 80 U.S.D.This can be even more once the Zidisha team boosts me with some capital to add more goods and mostly the one that are in high demand during this Month of December.By me joining Zidisha Microfinance,I am certain that one day my dream will be a reality and i will be the sole entrepreneur in this whole area owning a supermarket.
Now for this reason,i am coming to you requesting you to support my shop in restocking mostly the edible goods like rice,wheat flour,maize flour,long lasting packet milk,sodas,among other goods.By me stocking more goods,i will be in position in selling them to my worthy customers at a fair prices compared to my other competitors around the Centre.Through this,i will be able to get double income and also i will be able to improve my living standards of my family and also maximize my working capital.Thank you in advance for consideration to boost my business.Thank alot.

Loan Proposal

Thank you in advance the Zidisha Microfinance for your kind supprot in my shop.I am planning to restock my shop with more edible goods like 25 kgs of rice,i bale of wheat flour,10 litres of cooking oil(liquid) and i crate of 300 millimeters sodas.They will cost approximately Kshs.3500.Through your kind supprot i will be able to improve my shop and also satisfiy my customers needs.Thank you in advance.I am kindly appealing to the lenders to kindly support my loan.thank you all.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.09

Date disbursed

Dec 23, 2014

Repayment status

On Time

Projected term

8 weeks

Cost to entrepreneur

Lender interest: $50.09 at 10.10% annual rate over 1 month = $0.85

Service fee: $0.32

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