Add new shelves and hire an employee for my grocery shop

Simon

Ndunyu Chege, Gatanga, Kenya

55% repaid

Entrepreneur

Name

Simon

Member since

June 2014

On-time repayments

83 installments  •  11%

About Me

I was born in Ndunyu Chege which is in the central area of Kenya specifically Muranga County. I currently hold a bachelor of commerce (entrepreneurship) degree from Jomo Kenyatt University. My future dreams are to be a better businessman and also assist the community around me. I got inspired into business in campus through my friends in business whereby I started doing my small business of selling green vegetables and shop items. I run a business of Selling food stuffs which earns me approximately 400$ per month.

My Business

I run a business called Evergreen of Selling food stuffs. I started my business in 2012 it has grown tremendously through the past few years. I decided to start this business so that I can be self-independent and also continue to provide service to my community. My business employs two casual laborers that assist me in the day-to-day activities of my business. Some of the challenges in my business include lack of enough inventory and capital to expand my business. My customers in business are the community around my area. My goal is to grow my business into a wholesale and employ people to reduce the unemployment rates experience currently in our country Kenya. My business has a net turnover of 4,800% per year.

Loan Proposal

I need a loan to add stock to my business and also use some money to buy shelves so as to expand my business. I also need to employ one more person since my business is growing at a high rate. The loan will help me increase my profit / stock. Through the new stock the profit margin will grow by 30%. This loan will impact my life and my community as well as get some new income from this new stock.
Estimated budget
New employee salary 150$
New shelves 300$
Administration costs 50$
Total cost 500$

Feedback

None

None

1



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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jun 20, 2014

Repayment status

Late

Projected term

53 months

Lenders

K

Kondonassis

Bridgton, United States

C

Cblodgett

Zurich, Switzerland

O

Oliver

Geneva, Switzerland

W

Walekkelson

Brisbane, Australia

P

Prysdahl

Marshall, United States

N

naranburgos

Madrid, Spain

L

Leonora

TÄBY, Sweden

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

Jonas

Brussels, Belgium

TyWee

Manila, Philippines

Sputnik

Switzerland

J

jdelaporte

United States

Ask Simon a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$94.81

Amount remaining

$76.78

Expected completion

Nov 24, 2018

Status

Repaying late

Installment amount

$76.74

Repayment History

Expected Payments Actual Payments
Jun 28, 2014 $11.09 Jun 29, 2014 $11.09
Jul 5, 2014 $11.09 Jun 29, 2014 $0.53
Jul 7, 2014 $10.56
Jul 12, 2014 $11.09 Jul 7, 2014 $1.07
Jul 17, 2014 $10.02
Jul 19, 2014 $11.09 Jul 17, 2014 $0.01
Aug 3, 2014 $11.08
Jul 26, 2014 $11.09 Aug 3, 2014 $11.09
Aug 2, 2014 $11.09 Aug 3, 2014 $0.57
Aug 10, 2014 $10.47
Aug 25, 2014 $0.06
Aug 9, 2014 $11.09 Aug 25, 2014 $11.09
Aug 16, 2014 $0.10 Aug 25, 2014 $0.10
Aug 23, 2014 $0.00
Aug 30, 2014 $3.08 Aug 25, 2014 $0.02
Oct 1, 2014 $3.06
Sep 6, 2014 $0.00
Sep 13, 2014 $0.00
Sep 20, 2014 $0.00
Sep 27, 2014 $0.00
Oct 4, 2014 $0.00
Oct 11, 2014 $0.00
Oct 18, 2014 $0.00
Oct 25, 2014 $0.00
Nov 1, 2014 $0.00
Nov 8, 2014 $0.00
Nov 15, 2014 $0.00
Nov 22, 2014 $2.33 Oct 1, 2014 $0.02
May 28, 2015 $2.30
Nov 29, 2014 $2.33 May 28, 2015 $2.33
Dec 6, 2014 $1.16 May 28, 2015 $1.16
Dec 13, 2014 $0.00
Dec 20, 2014 $0.00
Dec 27, 2014 $0.00
Jan 3, 2015 $0.00
Jan 10, 2015 $0.00
Jan 17, 2015 $0.00
Jan 24, 2015 $0.00
Jan 31, 2015 $0.00
Feb 7, 2015 $0.00
Feb 14, 2015 $0.00
Feb 21, 2015 $0.00
Feb 28, 2015 $0.00
Mar 7, 2015 $0.00
Mar 14, 2015 $0.00
Mar 21, 2015 $0.00
Mar 28, 2015 $0.00
Apr 4, 2015 $0.00
Apr 11, 2015 $0.00
Apr 18, 2015 $0.00
Apr 25, 2015 $0.00
May 2, 2015 $0.00
May 9, 2015 $0.00
May 16, 2015 $0.00
May 23, 2015 $0.00
May 30, 2015 $0.00
Jun 6, 2015 $0.00
Jun 13, 2015 $0.00
Jun 20, 2015 $0.00
Jun 27, 2015 $0.00
Jul 4, 2015 $0.00
Jul 11, 2015 $0.00
Jul 18, 2015 $0.00
Jul 25, 2015 $0.00
Aug 1, 2015 $0.00
Aug 8, 2015 $0.00
Aug 15, 2015 $0.00
Aug 22, 2015 $0.00
Aug 29, 2015 $0.00
Sep 5, 2015 $0.00
Sep 12, 2015 $0.00
Sep 19, 2015 $0.00
Sep 26, 2015 $0.00
Oct 3, 2015 $0.00
Oct 10, 2015 $0.00
Oct 17, 2015 $0.00
Oct 24, 2015 $0.00
Oct 31, 2015 $0.00
Nov 7, 2015 $0.00
Nov 14, 2015 $0.00
Nov 21, 2015 $0.00
Nov 28, 2015 $0.00
Dec 5, 2015 $0.00
Dec 12, 2015 $0.00
Dec 19, 2015 $0.00
Dec 26, 2015 $0.00
Jan 2, 2016 $0.00
Jan 9, 2016 $0.00
Jan 16, 2016 $0.00
Jan 23, 2016 $0.00
Jan 30, 2016 $0.00
Feb 6, 2016 $0.00
Feb 13, 2016 $0.00
Feb 20, 2016 $0.00
Feb 27, 2016 $0.00
Mar 5, 2016 $0.00
Mar 12, 2016 $0.00
Mar 19, 2016 $0.00
Mar 26, 2016 $0.00
Apr 2, 2016 $0.00
Apr 9, 2016 $0.00
Apr 16, 2016 $0.00
Apr 23, 2016 $0.00
Apr 30, 2016 $0.00
May 7, 2016 $0.00
May 14, 2016 $0.00
May 21, 2016 $0.00
May 28, 2016 $0.00
Jun 4, 2016 $0.00
Jun 11, 2016 $0.00
Jun 18, 2016 $0.00
Jun 25, 2016 $0.00
Jul 2, 2016 $0.00
Jul 9, 2016 $0.00
Jul 16, 2016 $0.00
Jul 23, 2016 $0.00
Jul 30, 2016 $0.00
Aug 6, 2016 $0.00
Aug 13, 2016 $0.00
Aug 20, 2016 $0.00
Aug 27, 2016 $0.00
Sep 3, 2016 $0.00
Sep 10, 2016 $0.00
Sep 17, 2016 $0.00
Sep 24, 2016 $0.00
Oct 1, 2016 $0.00
Oct 8, 2016 $0.00
Oct 15, 2016 $0.00
Oct 22, 2016 $0.00
Oct 29, 2016 $0.00
Nov 5, 2016 $0.00
Nov 12, 2016 $0.00
Nov 19, 2016 $0.00
Nov 26, 2016 $0.00
Dec 3, 2016 $0.00
Dec 10, 2016 $0.00
Dec 17, 2016 $0.00
Dec 24, 2016 $0.00
Dec 31, 2016 $0.00
Jan 7, 2017 $0.00
Jan 14, 2017 $0.00
Jan 21, 2017 $0.00
Jan 28, 2017 $0.00
Feb 4, 2017 $0.00
Feb 11, 2017 $0.00
Feb 18, 2017 $0.00
Feb 25, 2017 $0.00
Mar 4, 2017 $0.00
Mar 11, 2017 $0.00
Mar 18, 2017 $0.00
Mar 25, 2017 $0.00
Apr 1, 2017 $0.00
Apr 8, 2017 $0.00
Apr 15, 2017 $0.00
Apr 22, 2017 $0.00
Apr 29, 2017 $0.00
May 6, 2017 $0.00
May 13, 2017 $0.00
May 20, 2017 $0.00
May 27, 2017 $0.00
Jun 3, 2017 $0.00
Jun 10, 2017 $0.00
Jun 17, 2017 $0.00
Jun 24, 2017 $0.00
Jul 1, 2017 $0.00
Jul 8, 2017 $0.00
Jul 15, 2017 $0.00
Jul 22, 2017 $0.00
Jul 29, 2017 $0.00
Aug 5, 2017 $0.00
Aug 12, 2017 $0.00
Aug 19, 2017 $0.00
Aug 26, 2017 $0.00
Sep 2, 2017 $0.00
Sep 9, 2017 $0.00
Sep 16, 2017 $0.00
Sep 23, 2017 $0.00
Sep 30, 2017 $0.00
Oct 7, 2017 $0.00
Oct 14, 2017 $0.00
Oct 21, 2017 $0.00
Oct 28, 2017 $0.00
Nov 4, 2017 $0.00
Nov 11, 2017 $0.00
Nov 18, 2017 $0.00
Nov 25, 2017 $0.00
Dec 2, 2017 $0.00
Dec 9, 2017 $0.00
Dec 16, 2017 $0.00
Dec 23, 2017 $0.00
Dec 30, 2017 $0.00
Jan 6, 2018 $2.91 May 28, 2015 $0.02
Nov 4, 2018 $2.88
Jan 13, 2018 $0.00
Jan 20, 2018 $0.00
Jan 27, 2018 $0.00
Feb 3, 2018 $0.00
Feb 10, 2018 $0.00
Feb 17, 2018 $0.00
Feb 24, 2018 $0.00
Mar 3, 2018 $0.00
Mar 10, 2018 $0.00
Mar 17, 2018 $0.00
Mar 24, 2018 $0.00
Mar 31, 2018 $0.00
Apr 7, 2018 $0.00
Apr 14, 2018 $0.00
Apr 21, 2018 $0.00
Apr 28, 2018 $0.00
May 5, 2018 $0.00
May 12, 2018 $0.00
May 19, 2018 $0.00
May 26, 2018 $0.00
Jun 2, 2018 $0.00
Jun 9, 2018 $0.00
Jun 16, 2018 $0.00
Jun 23, 2018 $0.00
Jun 30, 2018 $0.00
Jul 7, 2018 $0.00
Jul 14, 2018 $0.00
Jul 21, 2018 $0.00
Jul 28, 2018 $0.00
Aug 4, 2018 $0.00
Aug 11, 2018 $0.00
Aug 18, 2018 $0.00
Aug 25, 2018 $0.00
Sep 1, 2018 $0.00
Sep 8, 2018 $0.00
Sep 15, 2018 $0.00
Sep 22, 2018 $0.00
Sep 29, 2018 $0.00
Oct 6, 2018 $0.00
Oct 13, 2018 $0.00
Oct 20, 2018 $0.00
Oct 27, 2018 $0.00
Nov 3, 2018 $0.00
Nov 10, 2018 $5.23 Nov 4, 2018 $0.02
Nov 7, 2018 $1.74
Nov 8, 2018 $3.47
Nov 17, 2018 $76.74 Nov 8, 2018 $0.02
Nov 24, 2018 $0.06

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