Stocking my shop with wheat flour and cooking fat
Peter
Miti Mingi, Kenya
100% repaid
Entrepreneur
Name
Peter
Member since
August 2014
On-time repayments
56 installments • 57%
About Me
I am a married man who aspires to be a successful business man. Luckily, I am already in business, I have a retail shop where I buy large amounts of basic household goods and repackage them to sell at a profit. I have successfully completed secondary school education after which I started working with my uncle in Kitale town. From my uncle, I have gained so much experience in business and that is why i relocated to Miti Mingi to Start my own small shop which has grown to a large shop. I love watching movies and visiting places during my free time.
My Business
My shop is popularly known as Thuo's Shop in Miti Mingi. It involves selling basic household items such as foodstuffs (rice, maize floor, sugar, salt etc) and other consumables and non-consumables like umbrellas. In a typical month, I am able to calculat a profit of Kshs. 30000 gross and daily sales of more than 12000. this means that my shop is sustainable and if I can manage and grow a shop, I can also handle loans. I am greatly inspired by my friends who have businesses and seeing them struggle incessantly makes me keep going. I want to make my shop a wholesale in future because Miti Mingi is rapidly growing both as business and trading centre.
Loan Proposal
I would like to stock up my shop with wheat flour and cooking fat in large commodities in order to serve the surrounding hotels well and sufficiently. With the help you as the zidisha team have given me recently, I was able to increase my monthly income from 30,000 shillings to 34000 shillings. with your continued support I promise to work diligently and never to remmit my payments. may God bless you abundantly. Thanks as you prepare to fund me a loan . Thanks alot zidisha Organisation in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$149.00
Date disbursed
Nov 19, 2014
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
Republic of Korea
Duisburg, Germany
Germany
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Summary
Amount repaid
$151.10
Amount remaining
$0.00
Date repaid
Dec 27, 2014
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 30, 2014 | $25.18 | Nov 30, 2014 | $25.18 |
| Dec 7, 2014 | $25.18 | Dec 7, 2014 | $25.18 |
| Dec 14, 2014 | $25.18 | Dec 14, 2014 | $25.18 |
| Dec 21, 2014 | $37.61 | Dec 21, 2014 | $37.61 |
| Dec 28, 2014 | $37.94 | Dec 21, 2014 | $0.45 |
| Dec 27, 2014 | $37.49 | ||
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