Sale of school bags and fresh vegetables
Dorcas
Nakuru, Kenya
100% repaid
Entrepreneur
Name
Dorcas
Member since
March 2014
On-time repayments
297 installments • 12%
About Me
i am a 2nd born in a family of four and soon to be a mother of one. i studied a bachelor's degree in education in egerton university,laikipia campus. having studied mathematics and economics, i believe that responsibility ,freedom,exposure and challenge comes with self-employment. i hope to create employment for other people like me who have undergone frustrations in other forms of employment. i teach mathematics in a private school but also run a family shop which has enabled me to go through college without any hustle. i have two siblings still at school and the money earned helps cater for that. i hope to upgrade the shop and actually open another shop soon in a new place with ready market. the shop is a general shop which has been running for over 25 years and already has established customers. an upgrade could be a breakthrough to opening a new shop for me.
My Business
the shop which has stock such as sugar,rice,shoes,clothes,airtime,stationery,grains etc earns a n income of averagely 800dollar per month. while most of it goes to restocking,around180dollar is saved per month. the shop is not a rental hence no rent is required. in case of a loan repayment, i would use the monthly salary i earn from my teaching job to repay if the season is a slow one in the shop. having already established clientele,i hope to soon employ a delivery boy who will assist in deliver
Loan Proposal
it has come to my realization that more and more clients are going for fresh groceries. having found a cheap and reliable supplier, i want to start selling fresh groceries at the shop at ana affordable price. a kg of tomatoes will be going at one dollar and so will a kg of onions. maize corns and corriander will also be added to the list. at the same time since am operating a general store,i will increase the stock of school bags both for college and high school goers. one bag will cost 5dollars.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Mar 27, 2014
Repayment status
On Time
Projected term
4 months
Other loans
Ask Dorcas a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.