Entrepreneur
Name
Mwihaki Ruth
Member since
December 2017
On-time repayments
55 installments • 25%
About Me
I come from Mwihoko estate,Gilgil town,Kenya.I am a small scale busioness lady in a domestic category.
I am a mother of two children and one husband.
My Business
I am shop retailer .My shop is at Mwihoko estate,Gilgil town,Kenya.I purchase goods in wholesale in town and re-sell them in retailer in my small shop.
I started this shop with a minimum capital of Ksh.35,000/= and today the business has grown to around Kes.180,000/= capital worthy .
The kind of business is on daily basis depend to customers ,so this makes my business moving smoothly all month long.
Loan Proposal
I welcome all lenders to help me in restocking my shop with the fast moving goods.The loan will be used in purchasing bulky edible goods so as I don't run out of stock.
The goods to increase are as follows:-
(a)Wheat flour(1kg & 2 kg packs) at 36 U.S.D.
(b)Cooking oils (1ltr*24 pcs & 500mls *12 pcs) at 28 U.S.D.
(c)Breads,biscuits,assorted candy & bubble gums at 12 U.S.D
(d)Gold Crown Fresh long life milk 4 cartons(250mls & 500mls) at 23 U.S.D
(e)Repacked Pishori Rice (25 kgs) at 12 U.S.D
(f)Corn flour (2kgs *24 pcs) at 21 U.S.D
With the above goods in my shop,I will be selling them in retail and I will realize a good profit from selling to customers.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$40.00
Date disbursed
Apr 3, 2018
Repayment status
On Time
Projected term
11 months
Other loans
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