40 weekly installments • 50%
I am Onesmas Mutuku, a young hard working man born in Ukambani. I did my primary schooling in rural ukambani before i joined secondary school in Nairobi. I completed high school, and later did a diploma course in purchasing and supplies management.
I started my business from the small money I borrowed from my father who is craft man.
I started selling second hand clothes and later opened a small shop which I run up todate.
I am married with one daughter.
I like the town I live in because its a populated town there fore making it good for business.
Mostly am free on Sundays , I go to church, visit my friends and go out to have fun with my family
I currently run a small shop where I sell household goods and a Mpesa business.
My business in located in a residential area, I there fore sell things such as rice, sugar, cooking oil, bottled water, airtime, and mpesa business.
The typical cost of my business is the cost of stocking and cash money to run Mpesa.
I use my profit to restock, pay rent and feed my family
I have a shop where I sell household items and cereals.
I wish to apply for this loan so that I can further stock my shop well
I new to stock the following
rice 25 kg bags- ksh 3000
Sugar 50 kg bag-ks 4000
Soaps 1 box ksh 3000
Bulbs and tissues- ks 4000
Eggs -ksh 2000
Maize flour- ksh 4000
Wheat flour- ksh 5000
Other small items ksh 7000
Thanks for supporting my business
My business is operating since in Nairobi there is no lock down and business is going as usual
Most of my customers are those living in the neighborhood.
My sales are actually as usual so I will be able to pay the loan.
Jul 26, 2020
Cost to entrepreneur
Service fee: 10% of $464.21 = $41.73
Credit risk payment: $41.73