Increase stock in my rice-selling business

Jeff Mugambi

Githurai, Kenya

100% repaid



Jeff Mugambi

Member since

April 2015

On-time repayments

302 installments  •  47%

About Me

am a 27 year old business minded guy that loves to make his ideas and dreams come tor reality. my mother tought me that everything is possible, What you need is hope,persistence and try. one year ago i decided to venture into business and here i am running a good business that can comfortably cater for my upkeep. am happy that i also found you guys to boost me financially so as i can move on and fulfill my dreams,because that's all the world entails-dreams that everyone wants to fulfill. my advice to my fellow friends, don't look back, keep looking forward and believe everything is possible in this little universe that God gave us. you just need to try and trust in yourself.

My Business

am working as an IT Officer in an IT organisation at Westlands, Nairobi, Kenya and am earning enough to cater for my upkeep in Nairobi. That's the money am planing to use for payment of the load that am hopping to get. am planing to use the money that i get from you to upgrade my business in terms of stock and in a few months, once am done paying the first loan and you give me an higher one, will be opening a fully stocked retail shop that should make enough of cash to cater for my upkeep. currently am buying and selling rice and so fa the business has been running smoothly. have got quite a number of customers that i deliver to them , thus am soo mobile delivering my product.that's why if i get the second load i will open a shop and can sell my product from this place. Currently i use my profit for personal needs and business upgrade.the reason i chose to venture into rice business its because its a foodstuff that demand is always high, and that its 'best before' dates are much flexible compared to others like fruits and daily products.

Loan Proposal

with the new loan you are giving me, am planning to expand my business. i will increase my stock levels to reach many more customers.
as i mentioned previously, have established royal customers so with the new stock increase, i will be able to maintain them well and be reliable in terms of supply.
am looking forward to your contribution and help on this, just as you have done on the previous loans.
thank you again and God bless you Big.





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Mar 18, 2016

Repayment status

On Time

Projected term

20 months




Austin, United States

Paul Buchheit

Mountain View, United States


Wellington, New Zealand



Chapel Hill, United States



United Kingdom


Samuel Le

Seattle, WA, United States


Paul Graham

United States




The Zinc Team

San Francisco, United States


Warren Shen

United States

Curious Customs

Austin, Texas, United States

Ask Jeff a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.