Loan to replenish stock in my provisions shop

Victor

Enosaen, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

July 2013

On-time repayments

165 installments  •  99%

About Me

PERSONAL PROFILE
I accept God as my personal saviour.I'm married and blessed with lovely children. I'm a Kenyan citizen hailing from Kisii county. I'm also a farmer, entrepreneur and a servant to many including but not limited to my society. I strive to make positive impact in the society to develop and nurture talents. Together as team we shall make our world a better place for ourselves and other generations to come.

My Business

About my business
It is not always easy but I always strive to get the very best from it. Capital is my single biggest constraint but I appreciate the little which have been blessed with to maximize the the best from it. Prudent capital management is my ultimate goal in the long run. Any grant or loan accorded at a reasonable cost will be deployed and managed effectively in order to maximize returns.

Loan Proposal

I intend to buy the following merchandise from this funding.
1. 5 bags of 50 kg sugar at a cost of Usd 200.
2.10 crates of 500 ml sodas at a cost of usd 83
3. 10 crates of 300 ml sodas at a cost of usd 59
4.12 bales of 24 kg baking flour at a cost of usd 153
5.10 bales of 24 kg cooking flour at a cost of usd 118
6.20 kg golden cooking fat at a cost of usd 70.
7.5 bags of 50 kgs rice at a cost of usd 120.
8.20 pieces of 5 litres cooking oil at a cost of usd 100.
9.20 pieces of 3 litres cooking oil at a cost of usd usd 75
10. 10 crates of loaves of bread at a cost of usd 94.
From this stock, i intend to make a net return of us 85 per stock cycle. This will improve my business worthness by the same margin hence speeding my goal to financial freedom at long run.
I promise that i will honour my obligations on due dates as planned.
I look forward for a postive feedback from all my dear lenders.
Wishing you all merry christmas and prosperous new year 2016 in advance.
Best regards
Victor Mogoi Mose

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$755.00

Date disbursed

Dec 29, 2015

Repayment status

On Time

Projected term

13 months

Lenders

SuperMario28

Cudahy, United States

J

johnrmeier

United States

PG

Paul Graham

United States

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