Opening a kibanda[vegetables and grocery shop]

David

Kiambu, Kenya

100% repaid

Entrepreneur

Name

David

Member since

July 2015

On-time repayments

211 installments  •  87%

About Me

I David gichara, am very hardworking and interesting and Am a simple person by nuture. my childhood was okay l cant complain . l finished high school in year 2006 after that l joined college to pursue accounts but l dropped out because of luck of funds. l have been working really hard too make progress in life l done alot of casual jobs to sustain my self .
for now l have not yet started my business but am saving to start. our land here is beautiful . we have a rich culture which is passed on from generation to another. am not married but in future l will. l love watching movies and reading

My Business

Am planning to start transport services (boda boda business) . l want buy a motorcycle which will cost me ksh. 90,000 ($900) but l have already saved half it is ksh.45,009 ($450) .
Transport services in our county is a booming business, and providing boda boda services which are more faster and efficient and can not be held in traffic jam for long and can access roads which vehicles cant access due to poor road networks. this gap is an opportunity to make profits and lender services .
l chose this venture due various factors, l saw the the gap which was there and the maintenance of the motorcycle is not high and it has a ready market

Loan Proposal

am planning to open a small kibanda where l will be selling vegetables like kales, cabbages, carrots etc and groceries etc
ksh.2000($20) will pay rent for a place am starting the business and Ksh. 1500($15) will pay business permit and ksh.500($5) will pay for health permit. ksh. 8000($80) will buy vegetables and ksh.7000 will buy groceries.
this business will create cash flow for me and market for nearby farmers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$196.00

Date disbursed

Feb 27, 2017

Repayment status

On Time

Projected term

21 months

Lenders

ErikN

Stockholm, Sweden

Tavin

Ottawa, Canada

ads68

Melbourne, Australia

sderickson

Berkeley, CA, United States

Paul Buchheit

Mountain View, United States

R

RonEddy

United States

S

Stephan

Netherlands

Matthias

Frankfurt Am Main, Germany

PG

Paul Graham

United States

Donna Manton

Australia, Australia

K

Katka

St Albans, United Kingdom

Angela Linwood

Minneapolis, Minnesota, United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

D

Dalton

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

M

marton

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

SS

Sam Smith

United States

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