Entrepreneur
Name
Manasses
Member since
March 2015
On-time repayments
60 installments • 0%
About Me
I was a hardworking boy going to day primary school ad was a distance from home. I made it and joined secondary as well as an Engineering course in Electrical. After not able to secure a well paying job i decided to start a small shop from my savings, which due to lack of enough capital it took time before i make to the point am in.I still face challeges and i have skills but hard to execute.Am a kikuyu where business is at our fingertips. I have nice family of two kids.My older one wants to be a secretary and need to surpport her.
I need to improve my business level. I have tried all my best to See if I can be able to stock fully cope with the demand.
My Business
I sell household items like detergents bread material,milk, sugar etc
These items are highly demaded for people must feed.
I choose the business for it has a good flow and profiting.
I pay business house rent,taxes and other incurred expenses.
The income i get is ment to cater for my bills like school fees, family basic needs etc.
I make an income of approximately 200 Dollars per week, that is about kshs 10,000 Upward which can translate to 400-500$ per month.
Loan Proposal
I will introduce sodas of different sizes and milk as well as packed water.
For soda I will buy both 300ml and 500ml which costs 6$ and 10$ dollars per crate. I will fetch 12$ & 20$ per crate hence a double profit if only I buy in large scale. For milk its 1$ per crate profit . This will increase my profit margin by 18$ per every stock. Hence improve my income.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$120.00
Date disbursed
Dec 25, 2015
Repayment status
Late
Projected term
12 months
Other loans
Lenders
Canada
Canada
Amsterdam, Netherlands
Taiwan
Denmark
Montreal, QC, Canada, Canada
United States
United States
Washington DC, United States
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