Loan to set up another stall

Albert Gikenyi

Baba Dogo, Kenya

100% repaid

Entrepreneur

Name

Albert Gikenyi

Member since

April 2016

On-time repayments

190 installments  •  44%

About Me

I was raised in rural kenya, in Nyanza province. I attended my studies in Nyanturago, high and i did not get good grades.so i started doing manual jobs at my homicile. I collected some moneies i started my small business of rearing poultry and

horticulture. by so doing the a mount the profits i got helped me fend ma famile.
The people of my village live simple lives and depend on agriculture for their day to day need. This is why i concentrate in agriculture so that i can give my children good education.
My son wants to be a pilot when he grows up and the other wants to be a mechanic.
During my free time i like singing in my church choir as well as helping chi;dren in the Sunday school classes. I heard of zidisha from friend and thought of trying it.

My Business

A part from the rearing of chicken and farming, i have started a business of selling grocery, and selling of second hand clothes in a trade center that is near my home. I opted for this business because people that live in this small town do not have farms , so i do supply them with farm produce such as kales, tomatoes, onions, and

sometimes milk from the farm. I chose this kind of business because it is easy to start as it requires a small capital., moreover most of the things that i sell i get them directly from my farm.

I use the profits from my business for personal development and for paying fees for my children

Loan Proposal

My wife needs another stall in the next market. So i want to build her a stock to sell groceries.

I need iron sheets- 40 dollars to buy iron sheets
I need 120 dollars to buy timber
I need 25 dollars for nails
I need 30 dollars for labour

I need to 200 dollars to buy stock- which includes, onions, cabbages, tomatoes
I also need 30 dollars to buy crates

Feedback

1

None

None

  • Margaret    Oct 12, 2017

    Albert paid off his loan in a timely manner, I would gladly lend to him again and encourage others to do the same.

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$399.50

Date disbursed

Jan 2, 2017

Repayment status

On Time

Projected term

45 months

Cost to entrepreneur

Service fee: $16.47

Lenders

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

N

nlane

Vietnam

terveer

Netherlands

Christopher Hey

Sudbury, Canada

J

Jo

United States

Craig Newmark

United States

A

Anonymous

United States

M

Margaret

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

HB

Hugo Boss

United Kingdom

Ask Albert a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...