Purchase of stock of food stuffs for my food kiosk
Ferdinand
Kisii, Kenya
100% repaid
Entrepreneur
Name
Ferdinand
Member since
January 2015
On-time repayments
148 installments • 13%
About Me
I was born in kisii town a place known as daraja mbili.my childhood was that of an average african child played with my peers and as a child it was just awesome.I then joined my primary level and secondary level just within my birth place.i was always hard working and that is how i managed to solve and overcome all hardships.after high school my parents would not afford to take me to college since all my siblings were still in school.i decided to do casual jobs in my village and managed to save enough to start a food kiosk.my hobbies are listening to music,cooking and helping others.
My Business
i basically sell foodstuffs but not of variety just buns,chapattis cooked beans,juice,cabbage and soda.my business is not a full hotel and we call it a food kiosk in our area.people like to eat here because it is much cheaper than hotels.i chose this business because i love cooking and food has ready market because people will never cease from cooking.i basically spend about KES 15000 ($167) and make a profit of the same margin that is ($167) in the average.i use my profit to carter for my bills and save some for future expansion.
Loan Proposal
if am funded I will use the loan to buy a stock of food stuffs which will increase my profit by at least 25% due to bulk buying.this will ensure betterment of life and improved living standards and future expansion of my business.thanks and hope my loan will be funded.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 2, 2015
Repayment status
On Time
Projected term
6 weeks
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