Permanent stall for cereals business

Christopher

Maragoli, Kenya

100% repaid

Entrepreneur

Name

Christopher

Member since

March 2015

On-time repayments

277 installments  •  31%

About Me

Christopher omondi went to idavaga primary school .joined kolanya boys high school in 1993 in form one and cleared my O levels in 1996. was employed with west county services as sales person in beer distribution company in western Kenya in vihiga county as from 1999 to 2007 ..when the directors had to embark on construction company ,leaving a number of employees jobless. i then opted for business,beginning a cereals stall in mbale town which am moving on with. currenty i have a family of 5 ,wife and 4 children. first born in form 3 last daughter in pre-care.

My Business

after being jobless for one year i managed to get eight thousand to purchase two sacks of maize. this cereal business have made pay my rent of three thousand and also the local authority. in my business i get profits of 3000ksh per week. which adds to 12000ksh per month. i am in a permanent stall where i can act as a stall and store for goods. i do have challenge with finances to rent the stall. in the new stall the stock is still low and i need to improve my stock with 86186ksh which is 854.42US dollas its my humble request to Zidisha and the lenders to fund me. thanks in advance.

Loan Proposal

the reasons to why i want a permanent stall is that to avoid moving cereals morning and evening from and to the the house. this will benefit me from the time i spent transporting the cereals and during the rainy seasons i can maintain my customers and the quality of the cereals. for that i expect my profits to increase by 20%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Apr 8, 2015

Repayment status

On Time

Projected term

7 weeks

Lenders

K

Kondonassis

Bridgton, United States

sebastienrosa

Quebec, Canada

T

ToddK

Indianapolis, IN, USA, United States

ads68

Melbourne, Australia

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

A

adamdreaming

United States

Johannes Duerk

Bochum, Germany

Cathy

Melbourne, Australia

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