Maize beans and flour for my grocery kiosk

Samuel

Jomvu, Kenya

5% repaid

Entrepreneur

Name

Samuel

Member since

February 2016

On-time repayments

22 installments  •  32%

About Me

My names are Samuel mrira second born in a family of four 25 years old from a small village known as simba hill in kwale coast Kenya.am a form four leaver and I took my education in the same same village but I didn't proceed from there because of financial instability .two years after my education I joined my friend here in coast in a small town of jomvu and join Mombasa apperel export processing zone where I worked for two good years and I decided to quit as salary was very low and many working hours and started my own kiosk business

My Business

My business is a small shop kiosk where I do sell flour rice sugar cereals and other kinds of things which are being sold in a shop.I like my business as it has no competition and also has a lot of income because every body has to eat in order to leave. I choose this kind of business because it is to operate,it also needs no more education also it can be operated by any body in terms of gender this kind of business also have some challenges it requires a lot of capital to maintain.I do use my income to expand my business and the rest invest.

Loan Proposal

If I get this loan I will buy a bag of maize which will cost $90, 90 kg of beans for $100 ,ten packets of maize flour for $40 and a bag of rice for $70 .that stock moves faster so I will serve my customers at time without rushing so making more profit .the stock will help me to save my money and time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$300.00

Date disbursed

Feb 23, 2016

Repayment status

Late

Projected term

63 months

Lenders

PG

Paul Graham

United States

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