Rice, soda, sugar & maize flour shop

Benard

Laare, Kenya

21% repaid

Entrepreneur

Name

Benard

Member since

September 2015

On-time repayments

84 installments  •  4%

About Me

my name is Bernard Muthuri from Laare Market. i am 34 years old and i am married with 2 children Jemaima Karimi and Mark Murithi. i went to Igoki Secondary up to form two and i got fees problem then i droped the school and went to search for a job. i worked for diferents jobs like house boy, digging, security and many others until i saved to start my own business. i started my shop with 5,000kshs which i named Miraculous Shop at Laare Market opposite Catholic Church Laare. i started my business in the year 2005 to date. i also have a Kinyozi and charge battery besides my shop. it is where best Miraa Comes from and majority plants miraa and value it more than any other crop. i like fellowship while am not in business

My Business

my business is located at laare - Mutuati highway opposite Catholic Church beside Laare Public Health plot no. 1590
i sell food stuff ie maize flour. Sugar wheat, milk soda etc. the next door i have Kinyozi and battery charging. it is very close to home where many people commute and have families. because it requires small capital to start with and the availability of customers. i earn kshs 30000, a rent of 11,000, my daughter school fees kshs 4500 per term, my niece school fees kshs 3000, food and other family expenses 10000 and i used kshs to reinvest in my business and other family needs my businessnes have council permit

Loan Proposal

50 kgs sugar - 4600
50 kgs rice - 3400
1 carton of wheat flour - 1500
1 carton of maize flour - 1200
1 crate of soda 500ml - 800
1 crate of soda 300ml - 600
2 carton of bar soap - 1500
2 cartons of milk - 900
customers will get what they need and my business will grow, i will have more profit since i will have more comondities available and ready

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Dec 1, 2015

Repayment status

Late

Projected term

19 months

Lenders

Craig

Memphis, TN, United States

PG

Paul Graham

United States

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