Purchase more stock for grocery

Laban

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Laban

Member since

January 2014

On-time repayments

269 installments  •  23%

About Me

My name is Laban Kemboi. I hold a bachelors degree in Business Management. I am a father of two and we live in the Outskirts of Nairobi City(Kawangware) to get to this place one will board a bus No. 46 from the city Centre and alight at a Stage called "Coast". I am currently employed(Permenently
) by a company in Nairobi Kenya . I decided to start a business in order to generate more income to suppliment my earnings. The earnings from the business are used to pay for bills and also invest further.

My Business

My business entails selling of Groceries within the place that i live. My products are on demand since Fruits and vegetable are normally consumed on daily basis hence there is a steady and regular market for my products .My ability to repay the loan is Quaranteed by my Current Job together with the profits am currently making from the business. My business is doing well since i treat my customers well and provide quality service and goods at an affordable price.
For this case i would like to state that i will be using my salary to repay the loan as and when granted since i earn a monthly salary regularly and this will augur well with the monthly repayments.

Loan Proposal

Thanks team for granting me anothe opportunity to borrow another loan,in deed i have benefited a lot,
When I get this loan,it will help me improve on my Grocery project in the following ways;,buying of more stock that is fruits and vegetables am happy that through this small loan I will be able to see some of the followings the returns the loan will create; increased capital that will help me get a bigger and better returns.The returns will then help expand my shop by further increasing the number of items and also employ a few people. I need this support because I can't afford single handedly to meet full financial requirements of the farm due to many responsibilities against little income.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$172.00

Date disbursed

May 16, 2014

Repayment status

On Time

Projected term

8 months

Lenders

C

cjmenchaca

Austin, United States

Bobrm2k3

Charleston, United States

calvero

Bergen, Norway

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

M

merk85

United States

larry

Sweden

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