Store for my cereals

Lewishemedi

Kisii, Kenya

21% repaid

Entrepreneur

Name

Lewishemedi

Member since

July 2014

On-time repayments

95 installments  •  14%

About Me

my name is Lewis Momanyi am a graduate from Egerton university where i did my bachelor of commerce and specialized in accounting. i am the last born in the family of 3.I love reading journals and also socializing in order to increase and open up my way of thinking. I decided to venture into business where am i have a tender of supplying textbooks to schools ,lab equipments and stationery. i have tenders from many schools which keeps on recurring like now i have 3 schools i need to supply lab equipments that's why i need little financing to deliver

My Business

i deal wit tendering and i have done more than 50 tenders to schools. i supply stationery like textbooks and also i supply lab equipments and also furniture like chairs desks etc. The reason i am applying for funding is i have like 3 tenders now which is worthwhile but i need funding to assist me in transportation ,,,,,,i also have my carpentry shop where i have employed personnel to assist me make the furniture's to supply .monthly i make like 70000 where profit is like 40000 after expenses. fund me we grow together

Loan Proposal

My business is dealing with cereals by selling both in retail and wholesale(supplying to institutions). The biggest challenge i have is that i don't have a store to to store my cereals. I am forced to store them home which becomes inconvenient transporting them to market centre every market day and back adding some extra costs.
I would kindly ask if you will fund me will put up a store where i can be able to store my cereals in large amounts to be able to supply them well and for easy accessibility fr a centralised place for my clients and in this my flow will be high. Kindly help me achieve my desire and lets flourish together

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$142.00

Date disbursed

Apr 7, 2015

Repayment status

Late

Projected term

15 months

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