Loan for restocking my grocery shop

Grace Njeri

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $323 goal

0

days left

Entrepreneur

Name

Grace Njeri

Member since

March 2014

On-time repayments

42 installments  •  64%

About Me

My name is Grace Njeri Kanyi. I am twenty five years old, married to my beloved husband Peter Ruiru. We have been blessed with one daughter. I live in Nakuru at a place called Karuri center. I learned from school o St. Francis Primary School, and later passed well with marks for taking me to a St. Georges High School. After high school, though I got an average grade of C+ unfortunately I did not have a chance to go to college. I terminated my education level there for lack of my financial support from my poor parents. So, I decided to become independ in my life. Im a woman of many dreams in my life. As for now, Im a shopkeeper but am hopeful that one day I will keep a wholesale, set up an M-PESA for money transaction. Briefly, I want to become a successful business woman in my rural area. I have faith that I will by the help of zidisha.

My Business

I started operating my shop four years ago from the savings I had saved when I was employed in a whole sale at karunga shopping center which is a half kilometer away from karuri shopping center where my shop is located. At this center my shop is only one operating in here. So, the demand for different products and goods is high due to high numbers of customers coming to my shop. I sell products like sugar, tea leaves, buckets and more items. In short it’s a general shop. In a day, I collect a profit of ksh 1,500. In a week, I would get a profit of ksh 4,800. Through my business, I have been able to buy a plot, and sustain my self financially.Thank you.

Loan Proposal

First, am very grateful to the lenders and zidisha at large your great financial support in my life.To be honest, it helps me a big deal in my business. Iam happy because here is another chance to apply for my third loan of KES 28338.With this loan, am want to restock my grocery shop with more goods and consumable products like cooking fats, sugar, soaps, salts,sweets, tea leaves,etc.Dear lenders, you have supported me in my previous loans.Please, give me a helping hand in this loan too.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$322.47

Date disbursed

Nov 17, 2014

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Lender interest: $322.47 at 3.79% annual rate over 3 months = $3.73

Service fee: $3.60

Lenders

juliemartha

Lake Mary, United States

McJulio

New Jersey, United States

Cricketca

San Jose, United States

joaoferraz

RINCHOA, Portugal

T

TVandenbosch

Brussels, Belgium

Richard Griebe

La Jolla, United States

T

thebonseung

Republic of Korea

G

guiambros

United States

E

electrolite

United States

A

AnaisN

United States

ThomasJosef

Berlin, Germany

K

kennychit

United States

K

KiraDee

United States

C

CosmCons

Netherlands

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