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

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Project Info

Project Type

Pay It Forward

Disbursed amount

$80.87

Date disbursed

Apr 19, 2022

Cost to entrepreneur

Service fee: $5.57

Backers

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Payments Forward

Amount returned to the platform for this project

$79.69

Pay It Forward Projects funded by Richard

$126 (21 Projects)

Projects funded by Richard's Pay It Forward recipients

$2,184 (134 Projects)

Richard paid it forward to: