Selling groundnuts

Stephhen

Kayole Nairobi, Kenya

100% repaid

Entrepreneur

Name

Stephhen

Member since

December 2012

On-time repayments

39 installments  •  54%

About Me

Am born and raised in molo in mona village,am married with two children in primary school and the other one at home.i sell ground nuts in buruburu next to jimlizer hotel.my educational back ground was not able to finish my primary school due to lack of finances .my parents were not able to finance nmy schoool so i decide to vcenture in to business with my level of education i want able to secure a job so i started selling second hand cloths then left to ground nuts.i stop selling clothes because it was door to door and it was seasonal,so i stop for groundnuts because its profit was huge comparing to my business

My Business

i sell groundnuts and boiled maize at buru buru next to jimlizer hotel. I started the business with some savings which I got from selling second hand clothes. There is demand of goods because the services, quality products, customer care compared to my competitors. The challenges facing the business when maize is out of service, the demand grow low, I run my business in an open air, so which makes it hard day if under scorching sun. When prices get hiked and am not able to pass them to the customers. Given the way I will expand the business open more brands. Montly costs 150,000 Ksh, profits 40,000.

Loan Proposal

I will be glad if you well be able to give me the loan that am applying for. If you give me the loan I will be able to invest the amount in my business which is in Buruburu.
I do sell groundnuts and that where I will invest.

Thank you in advance


Yours faithfully,


Stephen Kariuki

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$221.00

Date disbursed

Feb 10, 2015

Repayment status

On Time

Projected term

3 months

Lenders

R

Raabo

Rungsted, Denmark

investor

Candiac, Canada

J

johan

Oslo, Norway

torelizer

Reggio Emilia, Italy

mbunifu

San Jose, United States

P

Philippe

Adliswil, Switzerland

L

lmuenchen

Munich, Germany

R

rcmssr

Woodbury, United States

Zidisha

Sterling, United States

BJ

Brandon Joz

North Carolina, United States

Jeff

Portland OR, United States

M

MattLondon

London, United Kingdom

beverly

Vancouver, Canada

T

tmsaddress

Orlando, Florida, United States

Jouni

Finland

ads68

Melbourne, Australia

A

Aaron

Zurich, Switzerland

J

jerryq

Redding, United States

T

Tui1974

nuenen, Netherlands

fairspirit

Utrecht, Netherlands

S

solarkismet

Logan, United States

U

UTLonghorn

Lincoln, United States

H

happytrailsjpd

South Bend, United States

A

akshu71

Ottawa, Canada

R

RohitSingh

Montreal, Canada

Matching Fund

Sterling, United States

A

adiipienaar

South Africa

O

orilifsks

United States

mepster

San Francisco, Ca, United States

J

JonAlec

United States

Humble Bundle Community

San Francisco, United States

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