Simon
Kianjoya Village, Kenya
100% repaid
Name
Simon
Member since
April 2013
On-time repayments
171 installments • 72%
I am a small-scale retailer and a part-time teacher at Mugaa Secondary School. I sell basic household things such as sugar, flour, salt, tea, etc. My business on average generates KShs 5,000 ($48 USD) in profit. I wish to expand the business so that it generates more profit to support my family. I get my stock from Nakuru town. We run this business with my wife, who attends to customers when I am teaching. My goal is to have a large shop so that I satisfy my customers and support my family.
During my free time, I like travelling and visiting places, listening to music, and watching movies. I have attended and completed college, but I have not yet gotten a meaningful job because there are few jobs in Kenya.
My shop is located in Kianjoya Shopping Centre, just adjacent to Kianjoya Primary School. I combine my small salary from teaching and the profit I generate from the business to support both my family and my younger siblings. My parents are old and rely on me and my other elder sister, who is married and lives far away. So I do not really manage to save a lot, but if I get a loan, I believe I will increase the stock so that I can get more profit to support my family accordingly. The more I expand the business, the more customers I will get and retain. I want my business to be stable and growing. In the future, I hope I can expand the business to even become a wholesaler.
I intend to increase my stock as well as obtain new stock of vegetables and cereals.because the business is doing very well in the area. I would like the lenders to support me in this because my little savings from the profit are not enough to add the extra stock that i require. The same loan if disbursed would also assist in adding more stock in the business in case there is extra of it after purchasing the intended stock to expand my business. with your financial sorport i believe my business will expand to be a wholesale shop in the near future.
I am a small scale retailer and a part time teacher at Mugaa Secondary School. I sell basic household things such as sugar, floor, salt, tea, etc. My business on average generates Kshs 5,000 profit. I wish to expand the business so that it generates more profit to support my family. I get my stock from Nakuru town. We run this business with my wife who attends to customers when I am teaching. My goal is to have a large shop so that I satisfy my customers and support my family. During my free time, I like travelling and visiting places , listening to music, and watching movies. I have attended college and completed but i have not yet gotten a meaningful job because there are few jobs in Kenya.
My shop is located in Kianjoya Shopping Centre just adjacent to Kianjoya Primary School. I combine my small salary from teaching job and the profit i generate from the business to support both my family and my younger siblings. My parents are old and rely on me and my other elder sister who is married far away. So i do not really manage to save a lot but if I get a loan, I believe I will increase the stock so that I can get more profit to support my family accordingly. The more I expand the business the more customer I will get and retain. I want my business to be stable and growing. in future, I hope I can expand the business to even become a wholesaler.
I intend to increase my stock as well as obtain new stock of vegetables and cereals.because the business is doing very well in the area. I would like the lenders to support me in this because my little savings from the profit are not enough to add the extra stock that i require. The same loan if disbursed would also assist in adding more stock in the business in case there is extra of it after purchasing the intended stock to expand my business. with your financial sorport i believe my business will expand to be a wholesale shop in the near future.
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 21, 2014
Repayment status
On Time
Projected term
5 weeks
Other loans
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James Oct 14, 2017
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