Rice & maize flour for small kiosk shop

John

Molo Town, Kenya

4% repaid

Entrepreneur

Name

John

Member since

December 2013

On-time repayments

160 installments  •  34%

About Me

am , i was born in location. my family consists of three brothers and one sister who are married and with kids. my parents also resides there, i schooled at primary school and scored a B+ and proceeeded to k boys high school and scored a B+ which facilitated me to join university for a bcom program. my first work was with iebc during the general elections of march 2013. currently am working with

My Business

apart from my earning as a , i have managed to start small businesses such as; small kiosk, computer services and an mpesa. for the small kiosk i sell household goods such as maize and wheat flour, bar soap, bathing soap, cooking oil and fat, sodas and juices, the proceeds from the kiosk is about 5000 per month. for the case of computer services my wife manages to do photocopy, printing, scanning, internet and emailing and also memory cards and flash disk music feeding and virus removal the profit margin ranges from 4000 to about 4500 per month. for mpesa the earnings are paid monthly and it depends with the number of transactions done per month. i believe i will manage to repay the zidisha loan if granted.

Loan Proposal

I will purchase the following :
4 bags rice @ 2500 = kes 10000
4 bales Maize flour @ 1500 = kes 6000
2 carton cooking oil = kes 3000
3 dozens candles @ 160=kes 480
3 dozens pencils @ 140 =kes. 420
Total........ ... ... . ... ..... .. ..... ... ....kes 19920

Feedback

6

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Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

Oct 15, 2016

Repayment status

Late

Projected term

18 months

Lenders

Paul Buchheit

Mountain View, United States

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