Increase shop's grocery inventory

Kipkorir Bett

Juja, Kenya

100% repaid

Entrepreneur

Name

Kipkorir Bett

Member since

December 2014

On-time repayments

140 installments  •  16%

About Me

MY CHILDHOOD AND EDUCATION
I am a second born child in a family of six. I was born to single mother and a humble background in Ndoinet village , Kuresoi North constituency Nakuru county .I went to Ndoinet primary and Sitoito secondary school . currently am a second year student at Jomo Kenyatta university of agriculture and technology pursuing Bsc Animal health production and processing .
HOW I OVERCAME HARDSHIPS TO ACHIEVE MY GOAL IN LIFE

Now that i was born to a single mother and a humble background ,life was never easy for us. We were at many occasions forced to sleep without food for up to even three days. My schooling was full of challenges and i was forced to drop out of school due to lack of fees. Nevertheless with prayer,determinations and handwork,i had managed to reach where am today .
HOW I STARTED MY BUSINESS
when i joined campus, it was like an eye opener to me due to interactions with people. i came to realize the need of being independent and ease the burden of my single mother trying to raise us with no money and no employment.
UNIQUENESS OF OUR LAND
People from my land believe that poverty is curse therefore i grew up knowing that we were cursed but i realized the need of proofing these people wrong.
WHAT OUR CHILDREN WANT TO BE
The children from our land having known the importance of education,want to be important people in the society like doctors,teachers and lawyers.
MY HOBBY
I like reading novels ,writing songs and poems and watching

My Business

GOODS AND SERVICES I PROVIDE
I sell households goods like sugar, fats and oils floor and other domestic requirements.
WHY THESE THINGS ARE OF DEMAND
I operate my business near an educational institution there the goods i sell of are of high demand since they are the basics needs required everyday.
TYPICAL COSTS AND REVENUES
I spend around 20000 to start my business and receives a profit of around 500 per day
USES OF MY PROFIT
I use my profits for upkeep,education and reinvestment.

Loan Proposal

50kg [email protected]
4okg [email protected]$
bar of [email protected]$
20kg [email protected]@
BENEFITS OF THE LOAN
It will assist me expand my business and be able to assist my family too.
MY PROFIT EXPECTATION
my profit will be approximately 900 per day against the normal 500 per day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.16

Date disbursed

Jan 13, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Lender interest: $100.16 at 5.93% annual rate over 3 months = $2.02

Service fee: $1.26

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