Stock up my mini super market shop

Alex

Kangemi, Kenya

100% repaid

Entrepreneur

Name

Alex

Member since

February 2015

On-time repayments

209 installments  •  92%

About Me

I was born and raised in Makueni County, Mwisini Village.
Let me first help you understand the nature of my region.
It's hot and dry, and the people who live in this area are
poverty-stricken. All the rivers source are seasonal. Growing up, I didn't have even the privilege of nature favoring me. I walked to school for kilometers barefoot and the ground was ever so hot. In my family, we only had two meals each day. Education was a challenge. As a child, my dream was to learn and know how to read and write in Swahili and in English. Because I didn't have any materials to read, I would borrow old newspapers from a neighbor to practice my reading and to try to memorize new vocabulary. I learned a lot through the old newspapers.
I learned about the world, and about the country's political environment. And whenever I read it, I felt connected with the world.
My wife and I have a son.

My Business

My business is a mini koisk where I retail consumables to the people who live around Hinga Road. My shop retails sugar, rice, salt, baking flour, ugali flour, and packed milk. This kiosk has everything a client would need for breakfast, lunch, and supper. I have created a great clientele base. They rely on my services and products, on a daily basis.
I sell to over 200 people. I open at 5a.m. and I close shop at 11p.m.
This is what earns me a living. I take care of my family's needs from the income that is generated from this kiosk. I pay for rent and food, and I also am in school and get my school fees from my business.

Loan Proposal

The loan is going to stock my business during this festive session business is always booming, I want to make sure that I have enough stock to satisfy my clients, I am going to spend 20,000 kshs on ugali flour, 20,000 kshs on baking flour, 20,000 kshs on sugar, 20,000 kshs on cooking oil, this are the main commodities that people buy during festive session in my area, given the stock come next year I will begin the year with a bang, and on a high note to sustain my business and take care of my family.

Feedback

3

None

None

  • melissapmeier    Apr 7, 2017

    Best wishes for your continued success. I would be happy to lend to you again!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$842.00

Date disbursed

Dec 28, 2016

Repayment status

On Time

Projected term

3 months

Lenders

Bobrm2k3

Charleston, United States

L

Leonora

TÄBY, Sweden

Paul Buchheit

Mountain View, United States

melissapmeier

United States

Malariologist

Heidelberg, Germany, Germany

Jennifer Weber

Canandaigua, Ny, United States

RB

Ruth Brown

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Emily

San Francisco, United States

Paul Buchheit

Mountain View, United States

Tyler Metcalf

Utah, United States

CN

Craig Newmark

United States

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