Retail shop

John

Nairobi, Kenya

100% repaid

Entrepreneur

Name

John

Member since

March 2018

On-time repayments

13 installments  •  62%

About Me

I am John, born and raised in Meru county. I went to a primary school whereby my parents who were unable to educate me easily. they struggled until i finished my primary education. through a well wisher, i went to went to secondary school and completed.
i started with casual job that was not well paying, i could get even a fifty shillings per day and i managed to open a small shop were right now am unable to pay the rent. I live with my uncle who works in auniversity staying at his servant quarter..
my children want to be better than me so that they can help me in future. One want to be a neurosurgeon and the other a pilot.

My Business

i have a small shop that i sell sugar, tea leaves, salt, bread, milk, flour.
this commodities are useful and in demand because am located in place that has less shop and this commodities are used on daily basis.
because the profit that am getting is little, that is why am asking for a loan from you to boast my business.
if my business profit rise, i will use it to pay fees to my children and add the stock.

Loan Proposal

Am wishing to add stock to my growing retail shop business. i will buy items like sugar, milk, cornflour, wheat flour, rice, cooking oil, salt, sugar, tea leaves, cocoa etc. all the products have different prices. I will benefit from this buy the profit that i will get. i will be able to have all the basic needs likes food,clothing and shelter.

Others will also benefit from my business by me supplying to them some of day today commodities that they need in their life.
Am expecting by business to increase since through this loan am going to add more stock. I expect a double increase in my profit.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$15.00

Date disbursed

Apr 10, 2018

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

davelowe100

Perryville, United States

A

Arian

Belgium

Sebastian

Australia

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