To boost my stock

Shadrack Opiayo

Misikhu - Kakamega, Kenya

10% repaid

Entrepreneur

Name

Shadrack Opiayo

Member since

March 2017

On-time repayments

137 installments  •  29%

About Me

I am Shadrack Opiayo Iselo I am a male 43 years old I live in Western Kenya. I am married to one wife and blessed with three children two girls and a boy. I have a business of selling cereals and I also ran an M-pesa in the same premises at the shopping centre.

I am a member of men's fellowship in our church where we I have introduced a merry-go-round to uplift our finances and I am the chairman which I have seen the members embracing it so much through my encouragement, I thank God for them.

My Business

I started a business of M-pesa and selling cereals in 2014. I choose to run it in Western Kenya where I found it easier to source my cereal direct from farmers at a reasonable price. I have been supplying to schools in Western and by God's grace I also have clientele in Kisumu town where I use public transport to make sure they have got the cereals they need and it has been abit challenging to me because during the festive season when many people are travelling they raise the fare.

Loan Proposal

With my business of selling cereals I would like to request you a loan for boosting my stock since I have established new clientele and I need to meet their requirement and also schools and about to open I have to supplied them with cereals e.g beans, maize and in some I have to provide flour in sacks that means I have grind the maize in several sacks to sell to the school I need to have enough stock and I am requesting you to be kind enough and give me a loan of US$660 so that I can buy enough stock direct from the farmers this will be rounded up plus the transportation to my cereal shop and to the clients. Thanking you in advance for you continued support in my business. Awaiting you quick response

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$625.00

Date disbursed

Dec 17, 2017

Repayment status

Late

Projected term

24 months

Other loans

Lenders

J

jasonbronowitz

Tempe, United States

B

beckynagel

United States

C P

Mazatlan, Mexico

Paul Buchheit

Mountain View, United States

CH

Christian Holck

United Kingdom

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