Maize stock and cereals for my grocery shop

Stacy Mugo

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Stacy Mugo

Member since

December 2015

On-time repayments

109 installments  •  42%

About Me

My name is Stacy Mugo and I come from Eldoret Kenya Est Africa.
I was was born in the year 1980 in Eldoret and I attended The schools as follows ,
From the year 1986 to the year 1993 at Kimalel Primary School.
and from the year 1994 to 1997 at wareng High School in Eldoret an in Uasin Gishu County of Rift Valley Province in the republic of Kenya.

After my high school studies I started a small business of grocery in the same town.
of which afterward I joined the college to study community development then latter Business management .
I started my own business from my own savings which am doing to date which is Posho mill (milling machine) and grocery.
The unique thing in my culture where am coming from is that Ladies are not considered when it comes to Education and property inheritance.
I am married with 4 kids ,Three girls and one boy, and one of them want to Engineer ,one Nurse , researcher, a Doctor.
My unique hobby is Singing Gospel music in my free time and Children.

My Business

I provide grinding flour fr customers and also selling cereals to them.
These goods and services are so important in that many Kenyans eats Ugali( Local bread) therefore this services are so much important in this region and more especially to my customers.
I chose this kind of Business because the place where I live there is demand for the same and because I was interested in serving the people in my local community.
My typical cost and revenue is 45000KES.

This is how I use my profit I get from my Business
1.School fees for my children 5000
2.Reinvestment in growing the business =10,000KES
3.Home improvement =10000KES
4.Church activities and others 5,000KES
5.house rent 5000
when given this loan amount i will be faithful in repaying the same.

Loan Proposal

After receiving my loan am planning to improve my stock by purchasing maize 7 bags at 2600/= each bag thus 18200/=
Beans 1 bag at 6000/=
Rice 1/2 sack at 2300/=
This will help me maintain my customers and make more profit.
The profit will be used for children academic needs and family up keeps .
My business if well managed will give me a double profit of about 13000/=

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$262.09

Date disbursed

Jan 20, 2018

Repayment status

On Time

Projected term

26 months

Cost to entrepreneur

Service fee: $11.04

Lenders

Pere

Barcelona, Spain

Cloudways

Malta, Malta

G

Goodwill

Oakland, United States

ads68

Melbourne, Australia

D

DelapierceD

New York, United States

sderickson

Berkeley, CA, United States

B

bscent

Hong Kong

Grant Xavier Storer

Seattle, Wa, United States

PolarBearCapital

United States

Dave Bogard

New York, United States

SteveFylde

United Kingdom

W

Wade

United States

Kevin

San Francisco, United States

TH

tom hd

United Kingdom

A

Andrei

United States

HCPSPIRIT

Helsinki, Finland

L

Liam

New Zealand

Paul Buchheit

Mountain View, United States

afaness

Germany

ZS

Zach Silveira

Asheville, Nc, United States

HB

Hugo Boss

United Kingdom

JL

Julia Loose

United States

J

John

United States

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

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Summary

Amount repaid

$262.09

Amount remaining

$0.00

Date repaid

Oct 14, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 2, 2018 $4.93 Feb 1, 2018 $4.93
Feb 9, 2018 $4.93 Feb 9, 2018 $4.93
Feb 16, 2018 $4.93 Feb 22, 2018 $4.93
Feb 23, 2018 $4.93 Mar 27, 2018 $4.93
Mar 2, 2018 $4.93 Mar 27, 2018 $4.93
Mar 9, 2018 $4.93 Apr 22, 2018 $4.93
Mar 16, 2018 $4.93 Apr 22, 2018 $4.93
Mar 23, 2018 $2.46 May 14, 2018 $2.46
Mar 30, 2018 $0.00
Apr 6, 2018 $0.00
Apr 13, 2018 $0.00
Apr 20, 2018 $0.00
Apr 27, 2018 $0.00
May 4, 2018 $0.00
May 11, 2018 $0.00
May 18, 2018 $0.00
May 25, 2018 $0.00
Jun 1, 2018 $0.00
Jun 8, 2018 $0.00
Jun 15, 2018 $0.00
Jun 22, 2018 $0.00
Jun 29, 2018 $0.00
Jul 6, 2018 $0.00
Jul 13, 2018 $0.00
Jul 20, 2018 $0.00
Jul 27, 2018 $0.00
Aug 3, 2018 $0.00
Aug 10, 2018 $0.00
Aug 17, 2018 $0.00
Aug 24, 2018 $0.00
Aug 31, 2018 $0.00
Sep 7, 2018 $0.00
Sep 14, 2018 $0.00
Sep 21, 2018 $0.00
Sep 28, 2018 $0.00
Oct 5, 2018 $0.00
Oct 12, 2018 $0.00
Oct 19, 2018 $0.00
Oct 26, 2018 $0.99 Oct 26, 2018 $0.99
Nov 2, 2018 $0.99 Oct 26, 2018 $0.99
Nov 9, 2018 $0.99 Oct 31, 2018 $0.99
Nov 16, 2018 $0.99 Oct 31, 2018 $0.99
Nov 23, 2018 $0.99 Nov 8, 2018 $0.99
Nov 30, 2018 $0.99 Nov 8, 2018 $0.99
Dec 7, 2018 $0.99 Nov 16, 2018 $0.99
Dec 14, 2018 $0.99 Nov 16, 2018 $0.99
Dec 21, 2018 $0.99 Nov 24, 2018 $0.99
Dec 28, 2018 $0.99 Nov 24, 2018 $0.49
Dec 6, 2018 $0.49
Jan 4, 2019 $0.99 Dec 6, 2018 $0.49
Jan 9, 2019 $0.49
Jan 11, 2019 $4.93 Jan 9, 2019 $0.99
Jan 19, 2019 $0.99
Feb 10, 2019 $1.97
Feb 25, 2019 $0.99
Jan 18, 2019 $0.00
Jan 25, 2019 $0.00
Feb 1, 2019 $0.00
Feb 8, 2019 $0.00
Feb 15, 2019 $0.00
Feb 22, 2019 $0.00
Mar 1, 2019 $0.99 Mar 1, 2019 $0.99
Mar 8, 2019 $0.99 Mar 6, 2019 $0.99
Mar 15, 2019 $0.99 Mar 17, 2019 $0.99
Mar 22, 2019 $0.99 Mar 26, 2019 $0.99
Mar 29, 2019 $0.99 Mar 28, 2019 $0.99
Apr 5, 2019 $4.93 Apr 13, 2019 $1.97
Apr 30, 2019 $0.99
May 3, 2019 $0.99
May 12, 2019 $0.99
Apr 12, 2019 $0.00
Apr 19, 2019 $0.00
Apr 26, 2019 $0.00
May 3, 2019 $0.00
May 10, 2019 $0.00
May 17, 2019 $0.99 May 21, 2019 $0.99
May 24, 2019 $0.99 Jun 1, 2019 $0.99
May 31, 2019 $0.99 Jul 1, 2019 $0.99
Jun 7, 2019 $0.99 Jul 1, 2019 $0.99
Jun 14, 2019 $0.99 Jul 1, 2019 $0.99
Jun 21, 2019 $4.93 Aug 7, 2019 $4.93
Jun 28, 2019 $4.93 Aug 16, 2019 $2.54
Aug 25, 2019 $2.38
Jul 5, 2019 $4.93 Aug 25, 2019 $2.54
Aug 30, 2019 $2.38
Jul 12, 2019 $4.93 Aug 30, 2019 $2.54
Sep 11, 2019 $2.38
Jul 19, 2019 $4.93 Sep 11, 2019 $2.54
Oct 11, 2019 $2.38
Jul 26, 2019 $4.93 Oct 11, 2019 $2.54
Oct 14, 2019 $2.38
Aug 2, 2019 $4.93 Oct 14, 2019 $4.93
Aug 9, 2019 $4.93 Oct 14, 2019 $4.93
Aug 16, 2019 $4.93 Oct 14, 2019 $4.93
Aug 23, 2019 $4.93 Oct 14, 2019 $4.93
Aug 30, 2019 $4.93 Oct 14, 2019 $4.93
Sep 6, 2019 $4.93 Oct 14, 2019 $4.93
Sep 13, 2019 $4.93 Oct 14, 2019 $4.93
Sep 20, 2019 $4.93 Oct 14, 2019 $4.93
Sep 27, 2019 $4.93 Oct 14, 2019 $4.93
Oct 4, 2019 $4.93 Oct 14, 2019 $4.93
Oct 11, 2019 $4.93 Oct 14, 2019 $4.93
Oct 18, 2019 $4.93 Oct 14, 2019 $4.93
Oct 25, 2019 $4.93 Oct 14, 2019 $4.93
Nov 1, 2019 $4.93 Oct 14, 2019 $4.93
Nov 8, 2019 $4.93 Oct 14, 2019 $4.93
Nov 15, 2019 $4.93 Oct 14, 2019 $4.93
Nov 22, 2019 $4.93 Oct 14, 2019 $4.93
Nov 29, 2019 $4.93 Oct 14, 2019 $4.93
Dec 6, 2019 $4.93 Oct 14, 2019 $4.93
Dec 13, 2019 $4.93 Oct 14, 2019 $4.93
Dec 20, 2019 $4.93 Oct 14, 2019 $4.93
Dec 27, 2019 $4.93 Oct 14, 2019 $4.93
Jan 3, 2020 $4.93 Oct 14, 2019 $4.93
Jan 10, 2020 $4.93 Oct 14, 2019 $4.93
Jan 17, 2020 $4.93 Oct 14, 2019 $4.93
Jan 24, 2020 $4.93 Oct 14, 2019 $4.93
Jan 31, 2020 $4.93 Oct 14, 2019 $4.93
Feb 7, 2020 $4.93 Oct 14, 2019 $4.93
Feb 14, 2020 $4.93 Oct 14, 2019 $4.93
Feb 21, 2020 $4.93 Oct 14, 2019 $4.93
Feb 28, 2020 $4.93 Oct 14, 2019 $4.93
Mar 6, 2020 $4.93 Oct 14, 2019 $4.93
Mar 13, 2020 $4.93 Oct 14, 2019 $2.43
Oct 14, 2019 $2.49
Mar 20, 2020 $2.43 Oct 14, 2019 $2.43

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