52 installments • 60%
I'm an adult Kenyan citizen duruma by tribe living in kwale county,mwaluphamba location and working with the national police service within the directorate of criminal investigation as a driver/investigator. I was also blessed to be born by well caring parents who made sure I went to school and I made made sure that I did well in school due to my parents humble background so as to try and uplift their standard of living. I managed good grades in my class 8 and went to a high school after which I also obtained good grades. I was to join the university but finances didn't allow so I persued the military carriers that landed me in the police service. I soon after got married thinking that things are going to be easy when I shared with my wife but children begun arriving and I started hustling for their school and subsistence. I decided to open a retail business at ukunda where it is up to date. Though small,the business has helped sustain them and my wife runs u and down trying to stock it. It's my hope that it'll grow up to a wholesale very soon.
Our shop business is at ukunda sub county in kwale county. It is a small retail business but reliable because together with what I earn from my formal employment is enough to cater for my children school fees and the entire large family including my parents and siblings. Apart from these,I carry out subsistence farming which I would like to turn it to horticultural farming. I have drilled some water to enable this and with God's help I'll start irrigation soon. The draw back is lack of electricity but I'm aiming to get some cash from my shop and purchase a pump to start work.
I will use this loan to to stock more food stuff in order to increase my customer base because majority of them rely on shop items to feed their families and since this is an established with great population that do not rely on freshly produce from shambas,things like bread,rice shall meet their demand. So I intend to buy more items including stationarie as this is the school opening week so as to meet also the needs of the school goin children.
May 4, 2018
Cost to entrepreneur
Service fee: $1.36
Credit risk payment: $2.72