Stocking shop and upgrading to a wholesale shop

Moses Esemele

Kinoo Nairobi, Kenya

100% repaid

Entrepreneur

Name

Moses Esemele

Member since

November 2014

On-time repayments

236 installments  •  78%

About Me

I'm a father of two children and a husband, a God fearing person,i practice organic farming, my business is are purely in agriculture in poultry, bee keeping, and avocados, I have been doing farming now for over 10 years.

My Business

my main business is poultry farming, and bee keeping, generally I do Agri business, I sell eggs, I sell chickens, I sell honey, I sell avocados, and sometimes depending on what is the market that is what I go for, to provide service to my clients and earn a living. My main activity is the poultry business because I sell eggs and chicken for meat, my poultry are pure organic or kienyeji or otherwise known as free range chicken.

Loan Proposal

The loan is going to stock up and increase the number of the varieties of products to also have a whole sale wing,the loan will also go into properly creating the store area where to keep the goods for whole sale,There is demand in having a whole saler , we all go into town to purchase our retail products,providing this service will put me ahead in providing the goods to other retailers, 10,000 kshs will go into the interior work that will serve as a store, 50,000 kshs will go into whole products i.e different sizes of baby diapers, different sizes of sugar in quantity,different sizes of flour for ugali 1kg and 2 kg,Rice also in different sizes of quantity, salt,tea leaves,bittings for children, biscuits,cooking oil, among other daily consumables. 50,000 kshs will go into stocking the retail wing with 10,000 kshs will go into the stocking of ugali and baking flour, 10,000 kshs will go into stocking of long life milk, 250ml and 500ml,10,000kshs will go into stocking of sugar in different quantities 1/4 kg, 1/2kg and 1 kg respectively,20,000 kshs will go into purchase of cooking oil, in different sizes as from 50grams all the way to 1kg and also margarine in different sizes from 30grams upto 500grams. The remaining 69040 kshs will remain as a booster to purchase and refill products that customers want and they are not part of the initial products, also daily products like bread and cakes.This business will employ my wife on full-time basis, This will bring more stability to my family and it will be a beginning of a venture to secure the future of my children so that i can give them the best education.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,704.00

Date disbursed

Aug 1, 2016

Repayment status

On Time

Projected term

40 months

Cost to entrepreneur

Service fee: $70.17

Moses opted to pay $19.87 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Paul Buchheit

Mountain View, United States

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