Rice & maize flour for grocery shop

Scolastic

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Scolastic

Member since

February 2016

On-time repayments

132 installments  •  18%

About Me

My name is Scholastic Naliaka, am the last born in a family of 5, 2 boys and 3 girls. I was born in Kapenguria, Transzoia County. I cleared both Primary and Secondary school in Kitale .I was unable to go college since my parents were not capable of taking to pay my fees, though I really wanted to go to college because my profession is sales and marketing. I borrowed Ksh 5,000.00 from Cousin and started a small grocery shop, God is good because few months later my business grew and I was able to repay the loan which my cousin lend me. Currently I live in Eldoret.

My Business

My business is located in a long Uganda road mailnne estate, Roadblock centre, few meters away from Khetias Supermarket. I sell products like Tomatoes; Onions, Cabbages, Sukumawiki and many more .I started the business with Ksh5, 000.00 which is doing very well. My profits keep on increasing every week because I have a lot of customers who buy my products because of my good services. On monthly basis I make a profit of Ksh10.000 which I use to pay school fees for my beautiful daughter and for my house rent. My dream is to expand my business and even introduce cereals products

Loan Proposal

Dear Zidisha Team, I thank you for welcoming me your team. Am requesting for loan to expand my small grocery shop. If the loan is granted, I will use it to buy fruits, cereal products and also build a good shop. Cereal products in this place has a big demand and the only cereal shop which is available does not stock most of the products that consumers want. The demand for these items will boost my profit margin by 40 percent. My future dream is to expand my business to a big grocery and cereal shop which will attract many consumers. Once again I thank you.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 23, 2016

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

H

halisi

assenede, Belgium

B

beckynagel

United States

wissam

Jeddah, Saudi Arabia

Ren

Minneapolis/StPaul, United States

HS

Harry Smith

United States

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