More stock for my shop

Raisa

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Raisa

Member since

April 2015

On-time repayments

195 installments  •  61%

About Me

I'm Raisa Ochieng' a first born in a family of three. I was born in 1988 24th December. I cleared primary school in the year 2001. Joined high school in the year 2002 and cleared in 2005. My dad, a retired pharmacist retired when I had hardly cleared primary education. My mom a tailor, struggled to take me through high school. Due to always being sent home for school fees, I missed lots of lessons and therefore didn't perform as I had expected in high school. I got a mean grade of C minus. After that I volunteered at my previous primary school as a volunteer teacher. It is then that my colleagues raised cash and saw me through college. I joined Nairobi Aviation college to study Mass communication. I cleared my diploma course in 2010. Due to scarcity of jobs, I decided to venture into business. I would buy air fresheners and sell in carwashes. I got married to my husband in 2011, in 2012 we were blessed with a baby boy, it is then that my husband gave me capital to set up my retail shop. I believe since there are scarcity of jobs I could create job opportunities for the youths

My Business

Its mainly a retail shop. The shop is just within the court that I stay in.I set up this shop since there's none around and people would walk long distance for essential commodities.I sell majorly foodstuffs like bread, milk,buns, eggs, rice, flour, toiletries, stationery. With the help of Zidisha, I have managed to incorporate cereals in the shop. I'm looking forward to make it a wholesale shop with the help of Zidisha.I have also recently in cooperated ice lollies in the shop which boost me so much. I have a boy whom I have employed at the shop to held him with his basic needs

Loan Proposal

Most of my clients belong to the middle class. I realised most of them shop in bulk and come to the shop when they have run out of stock. I therefore thought it wise to bring in bigger packs of commodities to entice such customers. I will use 25dollars to buy bigger packs of Detergents and toiletries, The remaining 20dollars will help in stocking bigger bottles of oil, refreshments and bigger packs of flour. This will help the my clients a lot since they won't walk far distances in search of these items, will also help me extend my profit margin. Positive feedback towards this loan application will be highly appreciated.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$45.00

Date disbursed

Feb 11, 2016

Repayment status

On Time

Projected term

3 months

Lenders

Paul

Crandon, United States

BB

Ben Bellows

United States

UK

Uday Kolluri

New York, Singapore

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