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Isaac

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Isaac

Member since

January 2015

On-time repayments

238 installments • 30%

About Me

My name is Isaac Muthiani.I come from kilimabogo Division.I come from a family of six and i am the 5th born.I completed my secondary school education in the year 2007.In the year 2008,i traveled to the Nairobi to look for a job since my family did not have money to pay for my college fee.After a long struggle of looking job in vain, i got the idea of starting a business of distributing snacks to supermarkets using a bicycle.I did not have enough money to start the business but by good luck my brother offered to give me a bicycle to start the business.At the start,the business had lots of challenges since i had to market my products.But now,it is well established and i don't struggle in marketing .In the year 2012,i got married and i was blessed with a baby girl who is 3 years now.i would like to see my girl grow and become a prominent person in our nation.During my free time i like taking my young girl for a nature walk.

My Business

Thank you for the opportunity again. My business is majorly supplying snacks in supermarkets and shops.i have been in the business for at least 5 years. These goods are fast moving since many people in our country prefer them for breakfast.These products include breads,cakes,biscuits among other snacks.I choose to do this kind of business because the market was available and unexploited by many in the country.Many people do not prefer to this of business since its much involving.In a day, i manage to sell goods worth 225 dollars.Out of this sales, i get an average profit of 55 dollars.Since i sell on credit,that is payments are collected the following day,i use this profit to buy stock and use the remaining in pay school fees for my daughter and also pay bills for my house. This has seen me grow my business since the year 2008 up to day.

Loan Proposal

hello lenders.i here again make a loan proposal of Kes 4524 to purchase a new bicycle to enable me distribute my products to more clients.I have managed to employ someone to assist me in the supply of my foodstuffs to different outlets.This growth was necessitated by the first loan you gave me.
This loan will give me the opportunity to employ someone to help me hence is a way of creating employment to the youths.In return i am expecting 30% increase of my income.