Rent for new clothing stall & additional stock

Stephen Kuria

Nairobi, Kenya

31% repaid

Entrepreneur

Name

Stephen Kuria

Member since

March 2015

On-time repayments

316 installments  •  67%

About Me

My name is Stephen and was born in Murang'a County and schooled in rural area till i finished my O-level in 2004.
In 2005 i came to Nairobi where my cousin was staying.We stayed with him for sometime before i looked for my own house and during one of those days i talked to one guy in the neighbourhood and introduced me to hawking of handbags.
After some months of hawking in the estates i decided to look for a small stall so that i could hang those bags there for easy display.
Right now am based in Roysambu where i have rented medium stall where i hang my stock in the morning and in the evening i remove them and carry them to a store nearby.
In our land every man beleives he must work hard to depend oneself.
My dream is that my children could have access to education upto A-level.
My biggest hobby is travveling and observing new areas for bussiness.
Am a member of Arsenal Kenya group which we hold charity events once in 3 months and doing community work around the country.

My Business

Dear Lenders my bussines involves buying and selling of handbags,schoolbags,laptop bags,slim bags,college bags,travveling bags,wallets and crutch bags.
The demand for the bags depends on the season,for schoolbags and college bags their demand is high when schools and colleges are about to open for a new term or semester.For travvelings bags demand is high during festive seasons.
For the others like handbags their demands depends on the time of the month.
Main reason for starting this kind of bussiness it was the first thing i did since i thought of practising bussines and so far so good.
During day to day running of this bussines i have to pay for rent,city council rates and storage for the goods.Revenue for the bussines comes from sales made during a certain duration.
The little profit i get from my bussines i save them with an investment group and adding of stock after all expenses.
I also joined a group of young people known as Appreciating our parents in which we visit one parent/guardian per month where we share our stories and as we leave we contribute something to be left at that home we have visited.

Loan Proposal

Am planning to shift my job to a more permanent stall structure with security and enough space.
I need $35 for rent and deposit for the stall and $15 for additional stock.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$520.93

Date disbursed

Jan 12, 2019

Repayment status

Late

Projected term

33 months

Cost to entrepreneur

Service fee: $21.95

Credit risk payment: $131.69

Lenders

M

marycb

United States

d

., United States

Brian

Midhurst, Canada

Kitty

Hailsham, United Kingdom

M

michael

Mornington, Australia

P

phangsang

Seattle, United States

AltruisticSelfishnes

Chicago, United States

O

Oxfall

Gothenburg, Sweden

Martin

Manama, Bahrain

T

Tallago3

Munich, Germany

MakeSense

-, St. Kitts and Nevis

D

DRSZ73

Portsmouth, United Kingdom

A

AlexCheng

Seattle, United States

F

FilemonInvest

Odense, Denmark

ElWal

Kirn, Germany

DLarson

Morris, United States

D

duckdork

De Forest, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

H

halisi

assenede, Belgium

RckyMntFamily

Colorado, United States

J

JohnH

Livonia, Michigan, United States

JTShorty

Gorham, Maine, United States

G

Goldrivermob

Gold River, Canada

D

Dutch_lender

Leiderdorp, Netherlands

J

JulCam

Montreal, Canada

lizandsteve

guelph, Canada

B

Badass78camaro

Mohnton, Pa, United States

mikeice

Kohler, United States

T

Texikan

Fort Worth, United States

TomF925

www.AfricaLeap.com, United States

O

osubucks45

United States

N

NOWfund

Tokyo, Japan

M

merk85

United States

B

bugdaniel

Switzerland

S

salonasante

United States

chriseyre

Fremont, Ca, United States

B

bscent

Hong Kong

Lisbeth

Perth, Australia

Grant Xavier Storer

Seattle, Wa, United States

DennisM

Netherlands

C

Crainster

Chapel Hill, United States

M

MrsSim

London, United Kingdom

P

pnrjulius

United States

KieranB

Ireland

R

ross22

United States

S

Sven

Netherlands

E

Erich

Zurich, Switzerland

Gab

Singapore

MW

Matt Willis

United States

W

Wade

United States

JD

Jo Dane

Melbourne, Australia

Jake Badger

Roskilde, Denmark

S

SP

United States

Craig

Memphis, TN, United States

CN

Cyprien Noel

United States

KL

Ket Lin

United States

John Prendiville

Portland, United States

ME

Manaal Eisa

Washington DC, United States

RH

Rebecca Hahn

Halle, Germany

IV

Indira van Uyten

Neterlands Antilles

TH

tom hd

United Kingdom

J

John

United Kingdom

P

Peter

Portugal

T

Tom

United States

R

rad

United States

R

Rhys

Australia

TM

Tim Marvin

United States

A

Andrei

United States

A

Adam

United Kingdom

Christopher Hey

Sudbury, Canada

GN

Gabriel N

Switzerland

Thomas

Sweden, Sweden

EthicalHost

Toronto, Canada

PR

Priscilla Rathbone

Seattle, Washington, United States

V

Vidar

Oslo, Norway

P

Phips

Switzerland

I

isaac

United Kingdom

GW

Gregory Wilkie

Halifax, Nova Scotia, Canada

RC

Rudi Chen

United States

G

Gil

Portugal

RH

Robert Hamner

United States

M

Matthias

Australia

BR

Bob Reus

Netherlands

RB

Ruth Brown

United States

RG

Ravi Gadad

United States

JA

Jan Andresen

Hamburg, Germany

Rick

United States

James

London, United Kingdom

L

Lucy

Australia

S

Suzannah

New York City, United States

M

Marama

Australia

Benjamin Kniaz

Boston, United States

JA

Joshua Axtell

United States

Richard Benyon

United States

Donald

United States

MM

MB McKenna

United States

VC

Victor Chong

United States

Grégoire

Zurich, Switzerland

Ellen

Michigan, United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Diane U

Olympia, Wa, Usa, United States

S

Southbanker

Reading, United Kingdom

GS

Gary Sinard

Franklin, TN, United States

M

Margaret

United States

Brandon Wright

Salt Lake City, Ut, United States

R

RMIM

United States

B

Brian

Rancho Cordova, United States

Katja

Switzerland

Maggie Rouse

Cheyenne, Wyoming, United States

Tyler Metcalf

Utah, United States

S

Sarah

Arlington, United States

M

marton

United States

JH

Jane Hanford

United Kingdom

Sean Richards

Wilmette, United States

KJ

Karin Joy

Philadelphia, PA, USA, United States

daniel

maryborough, Australia

R

Ruxandra

Czech Republic

MM

Mark Moran

United Kingdom

Ronald

Dättwil, Switzerland

Darren Jeppson

Denver, Colorado, United States

RW

Ronald Waite

United States

Chris

Fairfax County Virginia, United States

A

apolet

United States

M

mstorey

United States

We Not Me

St. Paul, Minnesota, United States

KC

Karen Case

United States

J

John

United States

EA

Eric Ayers

Atlanta, United States

AF

Amon Feen

Göttingen, Germany

B

Bram

Germany

KO

Kenneth Oram

United Kingdom

Ask Stephen 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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