Inventory of food items for my provisions shop

Richard Momanyi

Mombasa, Kenya

100% paid forward

Entrepreneur

Name

Richard Momanyi

Member since

June 2017

On-time repayments

117 installments  •  75%

About Me

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.

My Business

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.

Project Proposal

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.

Thank you

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$80.87

Date disbursed

Apr 19, 2022

Cost to entrepreneur

Service fee: $5.57

Backers

Ask Richard a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Richard Momanyi    Sep 20, 2022

    I can only afford to pay this amount for now. Thank you.

    Log in to reply • Share
  • Richard Momanyi    Sep 5, 2022

    I will change soon when the business environment improves. Thank you.

    Log in to reply • Share
  • Richard Momanyi    Aug 22, 2022

    I need a little more time to increase my weekly installment.

    Log in to reply • Share
  • Richard Momanyi    Aug 1, 2022

    I need a bit of time to invest the funds and make reasonable profit. I can afford to pay 5 dollars per week for now.

    Log in to reply • Share
  • Richard Momanyi    Jul 31, 2022

    Thank you Zidisha. I will invest the money in my shop.

    Log in to reply • Share
  • Richard Momanyi    Jul 31, 2022

    Thank you so much Lawrence. Wow! That was fast. May God bless you abundantly.

    Log in to reply • Share
  • Richard Momanyi    Jul 31, 2022

    Thank you to all of you who contributed to my previous loan. The money went a long way in boosting my stock thus increasing my sales and profits.

    Log in to reply • Share
  • Richard Momanyi    Jul 20, 2022

    Business is a bit low but I hope to clear this loan very soon.

    Log in to reply • Share
  • Richard Momanyi    Jun 26, 2022

    Business is a bit slow and I can only afford $5 per week for now. I hope to swing back to a higher figure as soon as the situation improves.

    Log in to reply • Share
  • Richard Momanyi    Jun 9, 2022

    I still need a little more time to be able to repay a bigger amount. This is the amount I can afford to pay right now but I will adjust it later.

    Log in to reply • Share
  • Richard Momanyi    May 26, 2022

    I request you to allow me to continue paying five dollars per week until when the situation improves to allow me to pay more. Thanks.

    Log in to reply • Share
  • Richard Momanyi    May 12, 2022

    I still need a little more time to enable me to raise more than this. Thank you for your understanding.

    Log in to reply • Share
  • Richard Momanyi    Apr 26, 2022

    Kindly allow me to pay this amount for now because I need to invest the money first. I will adjust to a higher figure later.

    Log in to reply • Share
  • Richard Momanyi    Apr 18, 2022

    Thank you a lot. This will help me increase my sales.

    Log in to reply • Share
  • Richard Momanyi    Apr 18, 2022

    Thank you good people for timely funding. I will use the money to boost my business stock.

    Log in to reply • Share
  • Lorraine Templeton    Apr 18, 2022

    Good luck in your business.

    Log in to reply • Share
  • Richard Momanyi    Apr 14, 2022

    Thank you backers for your valuable support. I used the money to boost my stock which in turn improved my sales and profits.

    Log in to reply • Share
  • Richard Momanyi    Mar 29, 2022

    I am the tail end of my loan repayment. I hope to clear within the next two weeks. Thank you.

    Log in to reply • Share
  • Richard Momanyi    Mar 15, 2022

    I still need a little more time to pay a bigger amount because the business is very low at the moment. I will adjust it upwards as soon as the business picks up.

    Log in to reply • Share
  • Richard Momanyi    Mar 2, 2022

    My business is a bit low for now. I hope to adjust to a bigger amount very soon when the business improves. Thank you.

    Log in to reply • Share


Loading...

Loading...

Loading...