Buy inventory and renovate my groceries shop

Eunice

Mbita, Kenya

100% repaid

Entrepreneur

Name

Eunice

Member since

February 2015

On-time repayments

321 installments  •  26%

About Me

My name is Eunice Adhiambo Odero, 24 years old and the mother of three daughters (Lilian, age 7, Elliane, age 3, and Kathie, age 2) and one son (John, 8 months old).

I am married to Kennedy Onyango and we run a family retail and groceries shop called Eunix Shopping Mart. The shop supplements our family income as we are both unemployed, though involved in social entrepreneurship activities in and around the Mbita community. My husband runs two charitable schools (EDTEC Academy & Hope School) and the family shop serves as a reserve to support the recurrent expenditures of the school.

My Business

Eunix Shopping Mart sells a range of food and grocery-related food items. We stock the much-needed food supplies being used in the house, like sugar, flour, baking items, oils, tomatoes, onions, beans, rice, carrots, and other products.

The business is in its early stages, having operated for the last 5 months. I need capital to improve the stock and make good sales. This is a very strategic and promising business capable of generating more money to fund our needs as a family and continue to offer quality early childhood education through our family-run charitable schools (www.edteckenya.webs.com).

Loan Proposal

The first Zidisha loan of KES 8,130 I used to stock more wheat flour at my shop. I have been in the groceries shop business for more than four months now. I mainly make "mandazis" from wheat flour and sell to the locals and schoolchildren who eat the deep-fried bread with porridge for breakfast, small fish called "omena," avocados, vegetables and tomatoes.

If I am offered this loan, I will use it to renovate my shop and buy more stock of sugar, wheat flour, cooking fat, salt, parafin and other body oils. With the improved stock, I will attract more and more customers and increase my weekly profit revenue. This is where I get my daily bread, and I hope, with the new loan of KES 27,068, I will expand and sustain my current clients while attracting more clients.

Show original English  

About Me

I am Eunice Adhiambo Odero, aged 25 years old and the mother of three daughters; Lilian age 7, Elliane age 3, Kathie age 2 and one son; John 14 months old. I was born in an island of Mfangano in Lake Victoria, Kenya as the 4th born among 7 siblings though two died while still infants.

I went through my primary education in Mfangano island and since my parents did not have stable income, I did not continue with my education past primary level. I got married to Kennedy Onyango and we do run a family retail and groceries shop 'Eunix Shopping Mart'. The shop supplements our family income as we are both unemployed though involved in social entrepreneurship activities in and around Mbita community. My husband runs two charitable schools (EDTEC Academy & Hope School) and the family shop serves as a reserve to support the recurrent expenditures of the school.

My 1st born daughter would like to be a Banker, the 2mnd born is social and can serve as a politician, while the 3rd born is quite reserved and unfriendly, My last born is jovial. I have high hopes for my kids and sky is the limit for their aspirations and goals.

In my free time, I do sing in the Church as a choir member and visit the sick in hospitals.

My Business

I trade on essential on-farm and processed food commodities in high demand under the name of 'Eunix Shopping Mart'. I sell a range of processed food items like; sugar, bread, milk, wheat flour, maize flour, cooking oils, body lotions among others. I also stock on fresh farm produce like; beans, rice and grocery related food items. I do stock the much needed essential food products being used daily in the house like; sugar, flour, tomatoes, onions, beans, sourghum, cassava, carrots, green vegetables (kales & cabbages) among other green vegetables that are in high demand.

The business is in it's early stage having operated for the last 17 months. I seek a low interest rates loans as an expansion capital to improve the stock and make good sales. This is a very strategic and promising business capable to generate more money to fund our needs as a family and continue to offer quality early childhood education through our family run-charitable schools (www.edteckenya.webs.com).

Loan Proposal

The first Zidisha loan of KES 8,130 I used to stock more wheat flour at my shop. I have been in the groceries shop business for more than four months now. I mainly make "mandazis" from wheat flour and sell to the locals and school children who use the deep fried bread with porridge for breakfast, small fish "omena", avocados, vegetables and tomatoes. If i am offered this loan i will use it to renovate my shop and buy more stock of sugar, wheat flour, cooking fat, salt, parafin and other body oils, wit the the improved stock, I will attract more and more customers and increase my weekly profit revenue.This is where i get my daily bread and hope with the new loan of KES 27,068 I will expand and sustain my current clients while attracting more clients.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$296.00

Date disbursed

Apr 7, 2015

Repayment status

On Time

Projected term

5 months

Lenders

fairspirit

Utrecht, Netherlands

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$312.46

Amount remaining

$0.00

Date repaid

Jul 13, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 19, 2015 $22.31 Apr 24, 2015 $22.31
Apr 26, 2015 $22.31 Apr 24, 2015 $1.02
May 1, 2015 $21.29
May 3, 2015 $22.31 May 1, 2015 $13.16
May 13, 2015 $9.16
May 10, 2015 $22.31 May 13, 2015 $20.84
May 20, 2015 $1.47
May 17, 2015 $22.31 May 20, 2015 $21.31
May 29, 2015 $1.00
May 24, 2015 $22.31 May 29, 2015 $22.31
May 31, 2015 $0.58 May 29, 2015 $0.58
Jun 7, 2015 $11.11 Jun 16, 2015 $11.11
Jun 14, 2015 $11.11 Jun 29, 2015 $11.11
Jun 21, 2015 $11.11 Jun 29, 2015 $11.11
Jun 28, 2015 $11.11 Jun 29, 2015 $11.11
Jul 5, 2015 $11.11 Jun 29, 2015 $11.11
Jul 12, 2015 $11.11 Jun 29, 2015 $1.11
Jul 12, 2015 $10.00
Jul 19, 2015 $11.11 Jul 12, 2015 $11.11
Jul 26, 2015 $11.11 Jul 12, 2015 $11.11
Aug 2, 2015 $11.11 Jul 12, 2015 $11.11
Aug 9, 2015 $11.11 Jul 12, 2015 $11.11
Aug 16, 2015 $11.11 Jul 12, 2015 $11.11
Aug 23, 2015 $11.11 Jul 12, 2015 $11.11
Aug 30, 2015 $11.11 Jul 12, 2015 $11.11
Sep 6, 2015 $11.11 Jul 12, 2015 $11.11
Sep 13, 2015 $11.11 Jul 12, 2015 $11.11
Sep 20, 2015 $11.34 Jul 12, 2015 $1.11
Jul 13, 2015 $10.23

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