Stock improvement

Christopher

Maragoli, Kenya

100% repaid

Entrepreneur

Name

Christopher

Member since

March 2015

On-time repayments

277 installments  •  31%

About Me

Christopher omondi went to idavaga primary school .joined kolanya boys high school in 1993 in form one and cleared my O levels in 1996. was employed with west county services as sales person in beer distribution company in western Kenya in vihiga county as from 1999 to 2007 ..when the directors had to embark on construction company ,leaving a number of employees jobless. i then opted for business,beginning a cereals stall in mbale town which am moving on with. currenty i have a family of 5 ,wife and 4 children. first born in form 3 last daughter in pre-care.

My Business

after being jobless for one year i managed to get eight thousand to purchase two sacks of maize. this cereal business have made pay my rent of three thousand and also the local authority. in my business i get profits of 3000ksh per week. which adds to 12000ksh per month. i am in a permanent stall where i can act as a stall and store for goods. i do have challenge with finances to rent the stall. in the new stall the stock is still low and i need to improve my stock with 86186ksh which is 854.42US dollas its my humble request to Zidisha and the lenders to fund me. thanks in advance.

Loan Proposal

for the new loan i will increase my stock, which will boost my customer base by around 20% which will be healthy during this time of the year. for my profits i believe with proper stocks the magine will improve by 25% which will make me do business in a stress free enviroment. the cost of my additional stock will range from 20000.ksh ( twenty thousand kenya shillings) for the growth of cereal sales.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$182.00

Date disbursed

Aug 25, 2015

Repayment status

On Time

Projected term

2 months

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$190.19

Amount remaining

$0.00

Date repaid

Oct 23, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 6, 2015 $21.00 Sep 6, 2015 $21.00
Sep 13, 2015 $21.00 Sep 13, 2015 $21.00
Sep 20, 2015 $21.00 Sep 19, 2015 $21.00
Sep 27, 2015 $21.00 Sep 27, 2015 $21.00
Oct 4, 2015 $21.00 Oct 3, 2015 $21.00
Oct 11, 2015 $21.00 Oct 11, 2015 $21.00
Oct 18, 2015 $21.00 Oct 18, 2015 $21.00
Oct 25, 2015 $21.00 Oct 23, 2015 $21.00
Nov 1, 2015 $22.19 Oct 23, 2015 $22.19

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