Entrepreneur
Name
Kipkoech
Member since
November 2016
On-time repayments
16 installments • 38%
About Me
I am a Kenyan citizen by birth, born and reside in Baringo County in Rift Valley. I am currently employed and working with Ministry of Defense at Nakuru.
My Business
I have a Kinyozi and grocery businesses in Nakuru and Kabarnet towns in Kenya. They are the main source of my income, as well as my salary.
Loan Proposal
Loan Proposal for Mitumba Sales
Purpose of Loan
Mitumba Sales is seeking to:
(a) Convert existing retail sales of $400 to a whole sale business
(b) Establish a credit line of $2500 to finance expected seasonal fluctuations in inventory and accounts receivable.
Repayment
Repayment on long-term financing will come from continuing net profits. Repayment of the seasonal credit line will come
from liquidation of inventory and receivables.
Contact Data
Name:Mitumba Sales
Address: 616,30400 kabarnet
Phone: 0722722519
Date Established: February 14, 2009
Form of Organization: Sole Propietorship
Description
Mitumba sales is a clothing sale retail dealing with Second and clothes. The average customer is a small- or medium-sized retailer. Estimated sales for fiscal 2015: $6300. Advertising expense has been
low since most advertising is at the retail-level.The focus of the business is delivery of quality goods, customer relation. Some customers take discounts of upto 10%
Operational Information
Source of Supply
From Nairobi KIgomba Markets/Nakuru
About Me
I am 40 yrs old From Baringo County residing at Kabarnet Town with my family. I am 40 yrs old From Baringo County residing at Kabarnet Town with my family. I am 40 yrs old From Baringo County residing at Kabarnet Town with my family. I am 40 yrs old From Baringo County residing at Kabarnet Town with my family. I am 40 yrs old From Baringo County residing at Kabarnet Town with my family. I am 40 yrs old From Baringo County residing at Kabarnet Town with my family. I am 40 yrs old From Baringo County residing at Kabarnet Town with my family. I am 40 yrs old From Baringo County residing at Kabarnet Town with my family. I am 40 yrs old From Baringo County residing at Kabarnet Town with my family.
My Business
My Income is generated from Vegetable Grocery business and Chicken rearing. My Income is generated from Vegetable Grocery business and Chicken rearing. My Income is generated from Vegetable Grocery business and Chicken rearing. My Income is generated from Vegetable Grocery business and Chicken rearing. My Income is generated from Vegetable Grocery business and Chicken rearing.
Loan Proposal
Loan Proposal for Mitumba Sales
Purpose of Loan
Mitumba Sales is seeking to:
(a) Convert existing retail sales of $400 to a whole sale business
(b) Establish a credit line of $2500 to finance expected seasonal fluctuations in inventory and accounts receivable.
Repayment
Repayment on long-term financing will come from continuing net profits. Repayment of the seasonal credit line will come
from liquidation of inventory and receivables.
Contact Data
Name:Mitumba Sales
Address: 616,30400 kabarnet
Phone: 0722722519
Date Established: February 14, 2009
Form of Organization: Sole Propietorship
Description
Mitumba sales is a clothing sale retail dealing with Second and clothes. The average customer is a small- or medium-sized retailer. Estimated sales for fiscal 2015: $6300. Advertising expense has been
low since most advertising is at the retail-level.The focus of the business is delivery of quality goods, customer relation. Some customers take discounts of upto 10%
Operational Information
Source of Supply
From Nairobi KIgomba Markets/Nakuru
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Dec 9, 2016
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
United States
Ask Kipkoech a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.