Bulk sugar for my grocery kiosk

Grace Njoki

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Grace Njoki

Member since

November 2016

On-time repayments

139 installments  •  62%

About Me

I am Grace, a mother of 1 girl who is a teenager now. I was born in Nyeri in central Kenya where I used to help my parents with household chores. I went to primary school and then proceeded to secondary school.

I later got married to my husband and relocated to Mombasa where he opened a shop business for me. I have been doing this business for the last 8 years. I relocated to Nairobi last year since there are better opportunities here.

My Business

I run a small shop (kiosk) in the city of Nairobi. My kiosk is stocked with household items such as sugar, flour, cooking oil, etc. It caters for people who do small shopping or those who do not have time to go to supermarket and malls. It is located near a residential estate and the people in the neighborhood find it very convenient to shop here.

This business provides for all my expenses like house rent, school fees for my only daughter and other necessities. I have been doing this business for the last 8years and I am glad I have kept it going despite some challenges that come along the way. I believe in honesty and hard work and I hope to diversify my business and venture in other areas like catering once I get enough capital for such investment.

Loan Proposal

I will buy a 50kg bag of sugar with this money. This will cost me around $50 and I will top up the balance with my operational capital. It takes me about 1 week to sell the 50 kg sugar. I sell it in small quantities ranging from ¼kg to 1kg.

This will increase my sales and give me more profit at the end of the day.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Jan 13, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

P

Peter

United States

Paul Buchheit

Mountain View, United States

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