Maize for my shop

Michael

Mtwapa, Kenya

100% repaid

Entrepreneur

Name

Michael

Member since

November 2016

On-time repayments

52 installments  •  54%

About Me

My name is Michael Mbega. I went through primary school at Mtwapa Primary and later joined Msumarini secondary school where i completed my form four education.
I could not proceed further in education due to financial challenges at home. I got employed at a whole sell shop in Mtwapa. from that job i gained experience in doing business.

My Business

I started a small shop.with various commodities in my neighborhood. I sell Soft drinks, Candy, Biscuits and i also sell beef meat.
Its very hot in Africa most of the town and especially here at the coast of Kenya. so people use soft drinks often to some how cool the temperature and i found out that in my neighborhood there were few shops for such drinks.
The children at my village dont have access to big candy shops in town so i decided to bring such things closer to the so that they can enjoy as well.
I sell beef meet as source of food in our homes.

Loan Proposal

I will use the loan amount to buy maize so i can grind at a posho mill and sell the flour at my small shop.
This will increase my profit by 5%. I will use the profit to add more stock for sale.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$17.00

Date disbursed

Nov 10, 2017

Repayment status

On Time

Projected term

2 months

Lenders

ads68

Melbourne, Australia

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

GB

Gernot Barnreiter

Vienna, Austria, Austria

SC

Samuel Clemente

Brooklyn, United States

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