111 installments • 74%
My name is Richard Momanyi. I was born in Kisii county which is in the western part of Kenya. The main occupation there is farming and my parents are small scale farmers. I grew up helping them in the farm and we also used to keep some domestic animals like cows and goats.
I am married and looking forward to starting a family with of two children.
I do business in the coastal town of Mombasa city where I sell household items in a small shop. I sell items such as cooking oil, maize and wheat flour, sugar etc. I serve people who live in my neighborhood.
I make around $100 per month but I am hoping to increase this amount as I keep expanding the business. This amount will inch upwards due to continued support I am getting from Zidisha.
I will use the money to add more stock to may ration store. I will add stock of the following items:
Maize (corn) flour @ $38
Wheat flour @ $42
Cooking oil @ 25
This will boost my current stock and since these are fast moving goods, I will make fast sales that will enable me repay this loan within a short time.
Pay It Forward
Apr 19, 2022
Cost to entrepreneur
Service fee: $5.57