Retail shop

Stephen

Mutuatine, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

April 2018

On-time repayments

6 installments  •  50%

About Me

I was brought up in Meru County ,from a poor background.I worked hard in school to make sure i made best use of the opportunity i got. I received sponsorship for my studies from well wishers. I am studying in the University, with determination and business minded. Handwork ,persistence and determination has helped me a lot in overcoming challenges i face in life. I started my business from my pocket money in order to raise money for my upkeep.

My Business

My business is running a small retail shop in the market next to the university. The high student population is my target. I was motivated to start the retail shop because of the high demand of basic commodities. The basic costs i face is rent for the premises,labour for the person who runs the shop when am attending classes, cost of buying stock. The small profit i realize i use for my upkeep in school and supporting my siblings.

Loan Proposal

Like I have been doing, that is, increasing my stock Iam intending to add some more stuff on the shop so that I can ensure that my profit is keeping on improving time and again.
Iam also planing to add some new items that has been demanded by the customers time and again this step will allow me to move a step ahead from where I was yesterday

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Oct 24, 2019

Repayment status

On Time

Projected term

3 weeks

Lenders

MG

MICHAEL GANN

United States

M

Maria

Germany

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