New stock lentils

Agnes

Parklands, Kenya

100% repaid

Entrepreneur

Name

Agnes

Member since

May 2017

On-time repayments

23 installments  •  78%

About Me

My childhood and education memories is one thing I can never forget.
I was brought up in a polygamous family, as a twentieth born child. My father was old and he passed on when I was in class 5. My mother did not have a formal job as she was illiterate. She spent her life doing small scale farming in my father's small land. She would sell the surplus supply in the market to meet other basic needs.
My mother was left with a big burden to bring up and educate her ten children. At a young age I would help her sell in the market to raise my fees and buy uniform.
I would also clean my elder brothers clothes to earn some money.
I passed well in my primary education and admitted to secondary school. I was always in and out of school due to school fees and started dropping in my grades. This made me join my mum business of selling chang'aa " local brew" to raise more money but my grades were still not improving due to luck of space to study and do home work.
None of my brothers or sister listened to my cry to be enrolled in a boarding school.
I dropped out at form three after being sent home for luck of KES 150/- to buy school diary. I stayed at home for three weeks, very depressed and annoyed wondering why no one was out to help.
I moved out of my mothers house and started living with a boy who had also dropped out of school at form two, and was now a fruit vendor.
I managed to enroll in college and started working until I started my own business of importing cars from japan.
We later divorced with my husband and I am now a single mother of two boys and two girls.

My Business

I import affordable used vehicles and sell locally in nairobi and mombasa. Iam a general insurance agent for UAP insurance and Jubilee insurance.
Recently I opened a small retail shop in my village Kangemi slum.

Loan Proposal

I will use my next loan to buy a new stock of Lentils. Lentils are a good source of protein and its highly consumed in my village.
One kilogram of Lentils will cost me USD 1.7 and I will resell to consumers at USD 2.4 therefore making a profit of USD 0.7 per kilogram. With KES 1900, I will manage to buy 10 kilograms of lentils which will give me a profit of USD 7.0

Feedback

1

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  • Helen Horseman    Sep 28, 2017

    Thank you for full repayment of your loan 100% on time Agnes. Best wishes for your business

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$19.00

Date disbursed

Aug 9, 2017

Repayment status

On Time

Projected term

7 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

G

glh25

Winooski, United States

Humble Bundle Community

San Francisco, United States

JA

Joshua Axtell

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

HH

Helen Horseman

United Kingdom

Frank Bailey

United States

Francesca

Scotch Plains - New Jersey, United States

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