Kids go go!

Francis

Nairobi, Uthiru, Kiuru 87., Kenya

100% paid forward

Entrepreneur

Name

Francis

Member since

August 2014

On-time repayments

68 installments  •  85%

About Me

I was born in Central province, but grew up in Rift Valley in a duty town called Gilgil. When growing up, grazing my parents' cows, goats and sheep was the order of the day as long as it was not a school day. Grazing was being subsituted with going to the farm where we used to grow maize, beans, potatoes and peas. My father used to run a retail shop and occasionally he would let my brothers and I run it. The greatest hardship I went through was lack of school fees especially after I joined high school. But I used to sneak back to school to study even after being chased away by the headmaster due to lack of fees. This gave me a determination that I must work hard at all the time and ensure my children don't go through such a difficult life. Being exposed to running my dad's shop gave me the urge to start mine. And I am glad I am running a shop today outside my formal employment. My eldest daughter who is 11 years old wants to be a doctor when she grows up. My son who is 4 years old wants to become a pilot. The last born daughter is 6 years. My hobby actually is reading materials related to running a business.

My Business

My business goes by the name Bag & Bags. The business sells new and second hand bags and clothes. It is located along Kiambu Road.
The objective is to be a one stop shop for busy shoppers who want to look good but at an affordable price. The designer bags are meant to make sure customer gets enough space to put his or her stuff but at an affordable price. This calls for stocking of smart products especially for the common Kenyans citizen who either has no time or enough cash to purchase items from the big supermarkets in shopping malls.
I ensure the customers get the items they need at affordable prices, best quality and quantities that match their pockets. Since its establishment 4 years now , the shop has attracted a huge number of customers and this is on an upward trajectory.
My plan is to expand it even further and introduce new products/items which presently are not on the shelves. But stocking of the products is primarily demand driven. After being funded by Zidisha, I introduced M-Pesa services (Mobile money service) which is doing very well. The shop is also now well branded. But with increasing sales, I have come to learn I need to buy more things to serve customers better. I need to expand the variety of products I sell. I need to stock items which customers have been asking for yet I don't have.

Project Proposal

Kids Go Go! Is meant to introduce kids play products at the shop. Here, the focus if this funding is successful, is to start buying and selling children's toys. This is because they are on a very high demand. Where the business is located there are many young families living there. These are mostly working class people with good disposable income. They are young families with children from age 0 to 15. These children and their parents are always hunting for toys and children dolls. However, I don't have capital right now to cater for this market. That is why I am reaching out to my trusted Community for help in financing this venture. Due to the high demand of these toys and dolls, I am very sure sales will be very good and hence repayment will not be a problem at all. I assure you and guarantee you that I will use every coin of this loan for the intended purpose. Thank you very much.

Feedback

3

None

None



Loading...

Project Info

Project Type

Pay It Forward

Disbursed amount

$458.00

Date disbursed

May 27, 2023

Backers

Peter

Kanyibok, Kenya

sderickson

Berkeley, CA, United States

Lucy

Embakasi, Kenya

Innocent

Gesore Village, Kenya

Kristin Rhodes

Kansas City, Kansas, United States

AH

ajay hampapur

United States

Tam Thao Nathan

United States

RC

Rudi Chen

United States

Diane U

Olympia, Wa, Usa, United States

Ronald

Eldoret, Kenya

Yusuf

Kisii, Kenya

Ryan Agnew

Australia

Oman Abd Rahman

Lebak, Indonesia

J

Juhani

Helsinki, Finland

Haju Triyudha

Dki Jakarta, Indonesia

Dali

Bandung, Indonesia

Moses

Kisumu, Kenya

Noviandri

Kota Bekasi, Indonesia

Mariam

Lagos, Nigeria

Dennis

Nairobi, Kenya

Samuel

Lagos, Nigeria

Ann

Ruaka, Kenya

RA

Ray and Abram

Melbourne, Australia

JT

JOY to the world

Cottonwood Heights, United States

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

Loading...

Loading...

Payments Forward

Amount returned to the platform for this project

$473.66

Pay It Forward Projects funded by Francis

$525 (16 Projects)

Projects funded by Francis's Pay It Forward recipients

$14,164 (245 Projects)

Francis paid it forward to: