Stock addition for my liquor business

Leonard Ngeno

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Leonard Ngeno

Member since

July 2017

On-time repayments

150 installments  •  70%

About Me

I was born in Nakuru on April 28 1981 to my parents David K.A Korir and Ruth Korir at Nakuru provincial general hospital. I started my education at normain pre unit school for my baby and top class education, after completing my pre unit education I joined koinange primary school. Both schools are in Nakuru. From class five I was tranfered by my parents to a boarding school in kitale called north rift education centre for class five to class 8. I joined njoro boys for form one education the later to taita towett secondary school in kipkelion in kericho county. After that I joined rift valley technical training institute for college education where I pursued kcareer in diploma in pharmaceutical technology.

My Business

I started doing my first job as research assistant for a retail census company. I join another company, centre for economic and social research shortly before deciding to be self-employed. I decided to delve into selling of liquor by opening a mini pub and also buying and selling second hand furnitures.I decided to to delve into this business because low start up cost and first flow of goods.i started this business by selling liquor at a start up capital fifteen thousand shillings. And I now rack in around a 1000 shillings profit a day. My frofit mostly goes into bettering my current pub business and also buying second hand furnitures for resale.

Loan Proposal

This loan will directly be directed into addition of stock to my liquor business. I'd like to thank zidisha so much since my beer and wines and spirit business is progressive and is fast moving products business. I'm also a small scale farmer dealing in maize and Irish potatoes planting. Since this is a part time indulgence I've been able to invest in grading an planting of potatoes with excesses. That is after the profits from the businesses funded by zidisha. I have been making at leased a profit of about kshs 1000 a day. This has broadened my businesses and my other side hustles. My young family has been able to have a good life since your loans are so flexible and is separated in good instalment that is easier to settle than other loans available. Thank u zidisha again for your help it would have been difficult to reach this levels without your help.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$38.88

Date disbursed

Nov 21, 2017

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $1.64

Lenders

J

jinx83

Brisbane, Australia

Grant Xavier Storer

Seattle, Wa, United States

S

Stephan

Netherlands

Carla

Amsterdam, Netherlands

PG

Paul Graham

United States

C P

Mazatlan, Mexico

R

RMIM

United States

Paul Buchheit

Mountain View, United States

afaness

Germany

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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