Loan to introduce new items to my grocery

Marcy

Baba Dogo Estate, Kenya

100% repaid

Entrepreneur

Name

Marcy

Member since

October 2017

On-time repayments

76 installments  •  26%

About Me

I am a first born in a family of seven, two girls and five boys. Born 39 years ago, i attended Huruma primary school and 10 years later joined Nyansabakwa for my secondary level. I did not join secondary because my parents were not stable financially as there were also my other bothers and sisters who still needed their attention. I started planting vegetables in our homestead. I used cow-dang as my fertilizer and chicken wastes. I later put into proper use the gains i got from the sale of the veges to start rearing of poultry. I later on moved to a nearby market to start the sale of tomatoes which i do to date. People here are friendly. I have 3 children, 1 in high school and the other in lower primary. I like going out with my children to a nearby church whenever i am free.

My Business

I buy tomatoes in wholesale and then sale to small quantities to other upcoming businessmen. Tomatoes are fast moving because every house hold cooks with them. My costs for 1 box of tomatoes is 7.5 dollas. After saling 1, i end up getting 3 dollas as profit. My profits are mostly used to mantain my stocks as well as buying clothing for my children. It enables me to meet other daily demands.

Loan Proposal

50$ - to expand my shed
40$ - to put up the new stock
10$ - labour costs

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$22.00

Date disbursed

Oct 20, 2017

Repayment status

On Time

Projected term

7 weeks

Lenders

Paul Buchheit

Mountain View, United States

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