Achieng
Siaya, Kenya
11% repaid
Name
Achieng
Member since
February 2014
On-time repayments
165 installments • 2%
I AM A MARRIED WOMAN BORN IMIGORI KARUNGU LOCATION.ST CAMILLUS .MIGORI DISTRICT . I CAME TO SIAYA TOW TO WORK . I AM AN OLEVEL HOLDER . AND TRAINE IN COMPUTER APPLICATION AND CPA1 .AFTER LOOKING FOR AJOB AND HAVING DONE SMALL CASUAL JOBS I DECIDED TO BE GIN A BUSINESS WHICH HAS REALY ASSISTED ME TO SUPPOT MY FAMILY AND MY MOTHER WHO IS SICKLY. MY HUSBAND WORKS WITH INSURANCE COMPANY SIAYA.I HAVE TO TWO KIDS YOUNG STILL IN PRE UNIT.THEREFORE A YOUNG MOTHER WITH A VISION OF EXPLOITING THE POTENTIAL I HAVE TO MAKE MY FAMILY BETTER.
MY BUSINESS DEALS WITH A GROCERY SHOP I DEAL WITH RETAILING SMALL HOUSE HOLD ITEIMS IN SIAYA TOWN I AM LOCATED AT MOI AVENUE SIAYAI .BUY FROM THE DISTRUBUTORS THEN RETAIL THEM eg SUGAR I BUY A SACK AND RETAIL IN SMALL KILOGAMS .RICE COOKING FAT BREAD ,ETC MY SHOP HAS A LOT OF DEMAND BECAUSE I AM TRAINED IN ACCOUNTS SO I KNOW HOW TO MANAGE AND A TRACT CUSTOMERS .MY CUSTOMERS LIKE MY SHOP SINCE I OPEN ALL HOURS AND EVEN LATE HOURS THAT MAKES ME MORE COMPETITIVE MY RISKS ARE AT TIMES CUSTOMERS TAKE GOODS THEY DONT PAY IN TIME .MY PURCHASES INCLUDE WEEKLY RESTOCKING,TRANS PORT,RENT,YEARLY LICENCE MY TOTAL DAILY COSTS ARE 3000/= PER DAY WHICH GIVE ME A PROFIT OF 1500 PER DAY MY MONTHLY INCOME HENCE IS 45000 NET PROFIT THIS IS WHAT IWILL USE PARTLY TO PAY MY LOAN THE FAMILY EXPENDITUES ALSO I GET FROM T=HERE
i will use the 12000/= to restock my shop i will buy more goods that on demand . i have an order of rice of one one of customers who has a wedding next week they have given me an order of 115050kg of rice which i have agreed to supply 150kg which i will buy at 9000/= and sell at 12000/= this will give me a profit of 3000/= instantly the balance 3000/= i will use to buy bottled drinking water a cartoon for the same wedding this will give me another profit of 2400/= within that day .this will help my business to grow because i will recycle the money and buy other small i items for the shop which i sell on daily basis
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 27, 2014
Repayment status
Late
Projected term
38 months
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