To help restock my grocery shop

Richard Momanyi

Mombasa, Kenya

100% repaid



Richard Momanyi

Member since

June 2017

On-time repayments

117 installments  •  75%

About Me

My name is Richard Momanyi. I was born in Kisii county which is in the western part of Kenya. The main occupation there is farming and my parents are small scale farmers. I grew up helping them in the farm and we also used to keep some domestic animals like cows and goats.

I am married and looking forward to starting a family with of two children.

My Business

I do business in the coastal town of Mombasa city where I sell household items in a small shop. I sell items such as cooking oil, maize and wheat flour, sugar etc. I serve people who live in my neighborhood.

I make around $100 per month but I am hoping to increase this amount as I keep expanding the business. This amount will inch upwards due to continued support I am getting from Zidisha.

Loan Proposal

I did good sales in recently where I sold most of my stock. With the money I made from the sales and an additional funds from this loan, I will be able to re stock my shop and start this new year strongly.

I mostly want to buy food items such as wheat and maize flour, sugar, cooking oil etc. These are fast moving items and I hope to make a good profit out of the sales.

Thank you.





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Apr 7, 2018

Repayment status

On Time

Projected term

13 months

Cost to entrepreneur

Service fee: $3.48

Credit risk payment: $6.98


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