Inventory for grocery

Anthony

Umoja 2 Nairobi, Kenya

100% repaid

Entrepreneur

Name

Anthony

Member since

October 2014

On-time repayments

242 installments  •  25%

About Me

I am a 49 years old father married with three children .professionally am an accountant previously employed in the formal sector,but quit one year ago to give business a try,I bought a small truck from my savings and opened a grocery shop which I run with my wife,I also operate as a transporter in Eastleigh area of nairobi.During my free time or rather my hobbies are philanthropy whereby I engage in a worldwide Bible education programme sponsored by Watchtower Bible and Tract society.

My Business

I operate a grocery ,where we sell all kinds of fruits I also offer transport services when am not delivering goods to my grocery.This Eastland part of Nairobi is densely populated and residents simply love fruits.
I would like to increase my stocks and diversify my products to make it a one stop shop.
We buy our products directly from farmers to maximize our margins.
I entirely depend on these two businesses to pay my bills.
My ultimate dream is to grow my grocery to May be a chain of supermarkets.

Loan Proposal

I plan to buy more products to fully stock the grocery.I would also like to repair the truck's suspension.
Since we want to diversify I will use part of the loan to sample new product.
Then I would also like to increase my transport services by offering long distance jouneys.

Feedback

2

1

None

  • Erik G    Aug 20, 2020

    unfortunately does not look like Anthony will be paying off the final instalment on the loan?

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Nov 19, 2014

Repayment status

On Time

Projected term

8 weeks

Lenders

ads68

Melbourne, Australia

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

C

ColoradoSkier

Denver, United States

F

FFMInvest

Frankfurt Am Main, Germany

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