Sugar,rice,fat and wheat flour for my shop
Geoffrey
Miti Mingi, Kenya
6% repaid
Entrepreneur
Name
Geoffrey
Member since
August 2014
On-time repayments
279 installments • 67%
About Me
I come from a small family where my parents have brought me up well. I was born in the same village where I live today. I attended school up to Form 4 but couldn't afford to go further due to financial constraints.
I was employed in a nearby school as an untrained teacher with a meager salary of 25 US Dollars per month. After I gathered 500 US Dollars, I started a small business. As business picked up, I got married and later, was blessed with two kids. From the earnings of this business, I am able to cater for my family and partially support my aged parents. My first born is a boy, who will join class one next year. The way he tells their teachers how he will undertake extra classes inspires me to regain my hope of education for him as well as for myself. Sometimes, he sees me cycling a motorcycle and tells me that will be a pilot.
During my free time, I like reading inspirational books and also paying visits to nearby orphans.
My Business
My business is a general shop where I sell foodstuff including both consumable and non-consumable good. For example, I sell maize floor, sugar, cooking fat, cereals (maize and beans), umbrellas, shoes, padlocks, and so on. I like this kind of trade since most commodities are basic and compulsory to human beings for they cannot evade feeding. It is locally known as Babu Shop. I usually get substantial profit although it depends on seasons. My business has survived for six years and I am always optimistic that it will continue growing. There is competition but my customers like my shop because of standard price, availability of different commodities and good service. I also give some discounts . During promising seasons which are most, I even make a profit of 50 US Dollars per week which adds up to over 200 US dollars per month. From these earnings, I am able to keep good the life standard of my family and investing around with some little amount for the better future.
Loan Proposal
I wish to introduce some wholesale commodities in my general shop ,I will buy the following commodities....
1.) 15 bags of Rice each at 20US dollars ,the 15 bags to cost me 300US dollars.
2.)10 bags of Sugar each at 40US dollars, the 10 bags to cost me 400 US dollars.
3.)15 Cartons of cooking fat each at 10US dollars,the 15 cartons to cost 150 US dollars.
4.)20 Bales of Wheat Flour each at 15US dollars, the 20 bales to cost me 300 US dollars. All the four combined commodities will cost me 1150 US Dollars, which am requesting from my well wishers in Zidisha.I wish to bring these commodities to enable the nearby small shops to buy from near and cut the cost down and hassles to them of buying them from Town.I believe the sale of them my profit will increase from 600 US dollars to 800 US dollars in a month. I intend to be investing my profit in constructing some more rental houses since their income are guaranteed and promising.Thanks in advance Zidisha.
About Me
I come from a small family where my parents have brought me up well. I was born in the same village i am today, schooled up to Form 4 but couldnt further due to financial constraints. i was employed in a nearby school as an untrained teacher with a meagre salary of 25 US Dollars per month. after i gathered 500US Dollars i started a small business. it picked well after which i got married and we are so far blessed with 3 children,one boy and two girls consecutively. from the earnings of this business, i am able to cater for my family and partial support to my aged parents My first born is a boy who is in class 2.The other 2 are girls and the elder one is learning in a nearby nursery school.what inspires me more to regain my hope of education is the way he tells their teachers on how he will further his education in university to learn how to be a professional businessman like their dad..During my free time I like visiting the orphans and pupils in less previledged school like in photos shared in my page.
My Business
My business is a general shop where I sell foodstuff both consumable and non-consumable good - things like, maize floor, sugar, cooking fat, cereals (maize and beans), umbrellas, shoes, padlocks and so on I like this kind of trade since most commodities are basic and compulsory to human beings for they cannot evade feeding. It is locally known as Babu Shop. I usually get substantial profit although it depends on seasons. My business has survived for 10 good years and i am always optimistic that it will continue growing. There is competition but my customers have like my shop because of standard price, availability of different commodities and good service. I also give some discounts . During promising seasons which are most, I even make a profit of 150US Dollars per week which adds up to over 600US dollars per month. From these earnings am able to keep good the life standard of my family and I have built them a 4 roomed permanent house.I have also been enabled in paying school fees for my 2 children. Late last year,I constructed some 5 rental rooms in my plot too and they are giving me a rental income of 100 US dollars per month.All enabled by Zidisha loans
Loan Proposal
I wish to introduce some wholesale commodities in my general shop ,I will buy the following commodities....
1.) 15 bags of Rice each at 20US dollars ,the 15 bags to cost me 300US dollars.
2.)10 bags of Sugar each at 40US dollars, the 10 bags to cost me 400 US dollars.
3.)15 Cartons of cooking fat each at 10US dollars,the 15 cartons to cost 150 US dollars.
4.)20 Bales of Wheat Flour each at 15US dollars, the 20 bales to cost me 300 US dollars. All the four combined commodities will cost me 1150 US Dollars, which am requesting from my well wishers in Zidisha.I wish to bring these commodities to enable the nearby small shops to buy from near and cut the cost down and hassles to them of buying them from Town.I believe the sale of them my profit will increase from 600 US dollars to 800 US dollars in a month. I intend to be investing my profit in constructing some more rental houses since their income are guaranteed and promising.Thanks in advance Zidisha.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,116.00
Date disbursed
May 10, 2018
Repayment status
Late
Projected term
31 months
Other loans
Lenders
United States
United States
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Summary
Amount repaid
$64.64
Amount remaining
$1,051.57
Expected completion
Sep 13, 2020
Status
Repaying late
Installment amount
$42.93
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 20, 2018 | $39.42 | May 20, 2018 | $39.42 |
| May 27, 2018 | $1.00 | May 27, 2018 | $0.99 |
| Jun 5, 2018 | $0.01 | ||
| Jun 3, 2018 | $1.00 | Jun 5, 2018 | $0.98 |
| Jun 7, 2018 | $0.02 | ||
| Jun 10, 2018 | $1.00 | Jun 7, 2018 | $0.97 |
| Jun 18, 2018 | $0.03 | ||
| Jun 17, 2018 | $1.00 | Jun 18, 2018 | $0.96 |
| Jun 18, 2018 | $0.04 | ||
| Jun 24, 2018 | $0.01 | Jun 18, 2018 | $0.01 |
| Jul 1, 2018 | $0.50 | Jul 12, 2018 | $0.50 |
| Jul 8, 2018 | $0.48 | Jul 12, 2018 | $0.48 |
| Jul 15, 2018 | $0.00 | ||
| Jul 22, 2018 | $0.00 | ||
| Jul 29, 2018 | $0.50 | Jul 29, 2018 | $0.50 |
| Aug 5, 2018 | $0.50 | Jul 29, 2018 | $0.48 |
| Jul 29, 2018 | $0.02 | ||
| Aug 12, 2018 | $0.50 | Jul 29, 2018 | $0.50 |
| Aug 19, 2018 | $0.02 | Jul 29, 2018 | $0.02 |
| Aug 26, 2018 | $0.00 | ||
| Sep 2, 2018 | $0.49 | Sep 2, 2018 | $0.49 |
| Sep 9, 2018 | $0.49 | Sep 2, 2018 | $0.49 |
| Sep 16, 2018 | $0.00 | ||
| Sep 23, 2018 | $0.00 | ||
| Sep 30, 2018 | $0.00 | ||
| Oct 7, 2018 | $0.00 | ||
| Oct 14, 2018 | $0.49 | Oct 30, 2018 | $0.49 |
| Oct 21, 2018 | $0.49 | Oct 30, 2018 | $0.49 |
| Oct 28, 2018 | $0.49 | Nov 5, 2018 | $0.49 |
| Nov 4, 2018 | $0.49 | Nov 5, 2018 | $0.49 |
| Nov 11, 2018 | $0.49 | Nov 14, 2018 | $0.49 |
| Nov 18, 2018 | $1.48 | Nov 14, 2018 | $0.49 |
| Nov 24, 2018 | $0.99 | ||
| Nov 25, 2018 | $0.49 | Nov 25, 2018 | $0.49 |
| Dec 2, 2018 | $0.49 | Dec 5, 2018 | $0.49 |
| Dec 9, 2018 | $0.49 | Dec 5, 2018 | $0.49 |
| Dec 16, 2018 | $0.00 | ||
| Dec 23, 2018 | $0.00 | ||
| Dec 30, 2018 | $0.00 | ||
| Jan 6, 2019 | $0.49 | Jan 22, 2019 | $0.49 |
| Jan 13, 2019 | $0.49 | Jan 22, 2019 | $0.49 |
| Jan 20, 2019 | $0.49 | Jan 22, 2019 | $0.49 |
| Jan 27, 2019 | $0.00 | ||
| Feb 3, 2019 | $0.00 | ||
| Feb 10, 2019 | $0.00 | ||
| Feb 17, 2019 | $0.49 | Feb 17, 2019 | $0.49 |
| Feb 24, 2019 | $0.49 | Feb 17, 2019 | $0.49 |
| Mar 3, 2019 | $0.00 | ||
| Mar 10, 2019 | $0.00 | ||
| Mar 17, 2019 | $0.00 | ||
| Mar 24, 2019 | $0.00 | ||
| Mar 31, 2019 | $0.00 | ||
| Apr 7, 2019 | $0.00 | ||
| Apr 14, 2019 | $0.49 | May 25, 2019 | $0.49 |
| Apr 21, 2019 | $0.49 | May 25, 2019 | $0.49 |
| Apr 28, 2019 | $0.00 | ||
| May 5, 2019 | $0.00 | ||
| May 12, 2019 | $0.00 | ||
| May 19, 2019 | $0.00 | ||
| May 26, 2019 | $0.49 | May 25, 2019 | $0.49 |
| Jun 2, 2019 | $0.49 | Jul 1, 2019 | $0.49 |
| Jun 9, 2019 | $0.00 | ||
| Jun 16, 2019 | $0.00 | ||
| Jun 23, 2019 | $0.00 | ||
| Jun 30, 2019 | $0.49 | Jul 1, 2019 | $0.49 |
| Jul 7, 2019 | $0.49 | Jul 1, 2019 | $0.49 |
| Jul 14, 2019 | $0.49 | Jul 30, 2019 | $0.49 |
| Jul 21, 2019 | $0.49 | Jul 30, 2019 | $0.49 |
| Jul 28, 2019 | $0.00 | ||
| Aug 4, 2019 | $0.49 | Aug 13, 2019 | $0.49 |
| Aug 11, 2019 | $0.49 | Aug 13, 2019 | $0.49 |
| Aug 18, 2019 | $0.00 | ||
| Aug 25, 2019 | $0.00 | ||
| Sep 1, 2019 | $0.00 | ||
| Sep 8, 2019 | $0.00 | ||
| Sep 15, 2019 | $0.00 | ||
| Sep 22, 2019 | $0.00 | ||
| Sep 29, 2019 | $0.49 | Sep 24, 2019 | $0.49 |
| Oct 6, 2019 | $0.49 | Sep 24, 2019 | $0.49 |
| Oct 13, 2019 | $0.49 | Oct 16, 2019 | $0.49 |
| Oct 20, 2019 | $0.00 | ||
| Oct 27, 2019 | $0.00 | ||
| Nov 3, 2019 | $0.00 | ||
| Nov 10, 2019 | $0.00 | ||
| Nov 17, 2019 | $0.49 | Nov 13, 2019 | $0.49 |
| Nov 24, 2019 | $0.49 | Dec 9, 2019 | $0.49 |
| Dec 1, 2019 | $0.49 | Dec 9, 2019 | $0.49 |
| Dec 8, 2019 | $0.00 | ||
| Dec 15, 2019 | $0.00 | ||
| Dec 22, 2019 | $0.00 | ||
| Dec 29, 2019 | $0.00 | ||
| Jan 5, 2020 | $0.00 | ||
| Jan 12, 2020 | $0.49 | Feb 14, 2020 | $0.49 |
| Jan 19, 2020 | $0.00 | ||
| Jan 26, 2020 | $0.00 | ||
| Feb 2, 2020 | $0.00 | ||
| Feb 9, 2020 | $0.00 | ||
| Feb 16, 2020 | $0.00 | ||
| Feb 23, 2020 | $0.00 | ||
| Mar 1, 2020 | $0.00 | ||
| Mar 8, 2020 | $0.00 | ||
| Mar 15, 2020 | $0.00 | ||
| Mar 22, 2020 | $0.00 | ||
| Mar 29, 2020 | $42.93 | Mar 25, 2020 | $0.99 |
| Apr 5, 2020 | $42.93 | ||
| Apr 12, 2020 | $42.93 | ||
| Apr 19, 2020 | $42.93 | ||
| Apr 26, 2020 | $42.93 | ||
| May 3, 2020 | $42.93 | ||
| May 10, 2020 | $42.93 | ||
| May 17, 2020 | $42.93 | ||
| May 24, 2020 | $42.93 | ||
| May 31, 2020 | $42.93 | ||
| Jun 7, 2020 | $42.93 | ||
| Jun 14, 2020 | $42.93 | ||
| Jun 21, 2020 | $42.93 | ||
| Jun 28, 2020 | $42.93 | ||
| Jul 5, 2020 | $42.93 | ||
| Jul 12, 2020 | $42.93 | ||
| Jul 19, 2020 | $42.93 | ||
| Jul 26, 2020 | $42.93 | ||
| Aug 2, 2020 | $42.93 | ||
| Aug 9, 2020 | $42.93 | ||
| Aug 16, 2020 | $42.93 | ||
| Aug 23, 2020 | $42.93 | ||
| Aug 30, 2020 | $42.93 | ||
| Sep 6, 2020 | $42.93 | ||
| Sep 13, 2020 | $22.61 | ||
Mary Jan 18, 2018
Geoffrey Jan 19, 2018
Geoffrey Jan 25, 2018
Geoffrey Apr 5, 2018
Geoffrey Apr 17, 2018
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