Retail shop loan

Kennedy

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Kennedy

Member since

March 2015

On-time repayments

113 installments  •  36%

About Me

I am a Kenyan young man aged 22years old single and rooted from a family of four having two sisters and a brother. I learnt at Migosi primary school where I did my K.C.P.E and later joined Olembo boys high school where I did my K.C.S.E .
Currently am enrolled at The Kisumu Polytechnic where am taking a part time Diploma course Business Management where I attend my lectures in the evenings.

My Business

I started practicing business when I completed my Secondary education in 2013 where I operated my uncle’s retail shop for 5months then I started my own retail shop with the wages my uncle used to give me and summed up with some money my parents gave me. I operated my shop from 6.00am in the morning to 4.30pm. I close shortly to attend my lectures from 5.00pm to 7.00pm.I later open again by 7.20pm until 10.00pm.This makes my shop unique because I close late and open up very early. I also offer guddies to my customers who come to the shop with children therefore most children even come alone to the shop.I get between 3 to 4 US Dolars per day from sales of my food stuff and drinks.

Loan Proposal

i will increase my current stock with the earned profits together with the loan requested. also am looking foward to purchases some new products that my customers have been repeatedly asking for and could not find because they were not available. and so the loan if funded immediately will help a great deal. thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$90.00

Date disbursed

Mar 29, 2016

Repayment status

On Time

Projected term

5 months

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

JFais

Atlanta, United States

PG

Paul Graham

United States

Thomas

Sweden, Sweden

The Zinc Team

San Francisco, United States

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