Add new varieties of goods to my grocery delivery service

George

Mbwa Kali Estate,in Rongo Town Of Migori County, Kenya

100% repaid

Entrepreneur

Name

George

Member since

September 2014

On-time repayments

170 installments  •  78%

About Me

My name is George Odhiambo Dulo, i was born in lodiani of the then Nakuru town in kenya, we later moved to Eldoret where i grew up, i attended uasin gishu primary school and later kandie primary school, i later joined Ambira high school for my secondary school education .i started doing business immediately after that,to help raise money for my university education ,thats how i ended up in my current business of supplying consumer goods in wholesale to shops and other outlets. i also have a poultry farm and hatchery.my hobby is singing which iam slowly turning into a business.

My Business

I deal with the supply of consumer goods such as school stationeries such as biro pens ,pencils books,household goods of all kinds soaps dertergents tea leaves e.t.c,
these goods are used everyday in our homes and hence they are needed everyday.
I like these kind of business because i sell the goods in bulk and i also make my profit on the spot
I bring in the goods in bulk and my working capital is now ksh 100000 which i intend to improve the expenses are few as i only need to fuel my motorcycle and the cost of eating lunch only, the revenues are nice as i am able to make over ksh 2000 daily and am able to save at least ksh 1000 per day.
i use my profits to improve the business and pay for my university education.
I also run a hatchery and a poultry farm dealing mainly in chickens.

Loan Proposal

I take this opportunity to appreciate all the lenders for the previous loan ,i added more stock to my distribution business . I want to increase the variety of the goods i sell , i want to add more items to the menu and in bulk , items like drinking chocolate which costs $10 , soaps.$20pencils ,$ 40 biro pens$10 ,writing books $ 5, razor bades$5 tea leaves$10 and many more, these items are in high demand currently in my business and i wiil use the profits to pay my loan and expand the business more. i will be able to pay for the storage of the items and take care of my social needs and that of my family.I expect my earnings to increase by around $200 every week, i will really appreciate if i can get the funding,thank you and may GOD BLESS YOU.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 7, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

McJulio

New Jersey, United States

fairspirit

Utrecht, Netherlands

H

howard

Vence, France

JD

Jeff DePree

United States

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