Loan to add more stock to my shop

Anna

Matisi Area/village, Kenya

100% repaid

Entrepreneur

Name

Anna

Member since

November 2017

On-time repayments

1 installment  •  100%

About Me

Am Anna mueni Nziu from Matisi area of kitale. I was born in Rukuriri village, Runyenjes location in Embu county but later relocated to Kitale when I got married. I went to a school called Chuka hill academy then Tartar secondary respectively. I ventured into farming immediately after form four level. I got married when I was still a farmer but decided to connect it to my business.
Being a businesslady is quite challenging especially when losses and expenses are incurred but my husband was and has been supportive.
I like skating as a hobby since it was also a mandatory game in high school.

My Business

Currently am a trader and I operate a small shop near my home. I do sell a variety of items eg sugar, milk, wheat flour etc .
These goods are useful and on very high demand because they are used on daily basis by the immediate consumer.
I chose this business because it is cheap to start and it's time saver.
I spend money in terms of buying stock and transportation of these items. The profit I gain is used to pay school fees and restocking my shop

Loan Proposal

I would like to borrow 10 dollars for adding stock to my shop.
My current stock has gone down and I just wish to add the following items to my shop:
1. Sugar a quarter a sack for ksh485 or 5 dollars
2.wheat flour (EXE type) at sh80 per item ie 0.8 dollar per item totalling to 4 dollars because of four packets
3. Three packets of cigarettes @1 dollar totalling to 3 dollars

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Nov 28, 2017

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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