To stock my shop to boost my business

Michael

Nairobi, Kenya

17% repaid

Entrepreneur

Name

Michael

Member since

May 2014

On-time repayments

15 installments  •  40%

About Me

my names r michael onyango omondi i did my primary education, a school by the name siranga primary school where i finished n join high school in nakuru called afraha high school, i finished high school n got a mean grade of b- later join a school of business where i did acertificate in business management since i had an ambition to do business in future.am currently running a small retail shop which i use to sustain my living standard.i reside rongai about 20km from nairobi CBD,u take a matatu no 152 n then u alight at tuskys where u take another matatu then u alight at total petrol station the fist flat is where i reside on your left with zidisha i hope i will b able to boost my businesS

My Business

my names r michael onyango omondi i did my primary education, a school by the name siranga primary school where i finished n join high school in Nakuru called afraha high school, i finished high school n got a mean grade of b- later join a school of business where i did a certificate in business management since i had an ambition to do business in future.am curently running a small retail shop which i use to sustain my living standard.i reside rongai about 20km from nairobi CBD,u take a matatu no 152 n then u alight at tuskys where u take another matatu then u alight at total petrol station the fist flat is where i reside on your left with zidisha i hope i will b able to boost my business

Loan Proposal

it has taken me a long time to reach this far,thanks to almighty.with this amount if i will be privilaged to get i will use in the following ways,the first thing i will do is to secure a biger and a much more better place than where i am today this will cost me ksh4000,i will use ksh 500 to buy 5kg of beans,ksh 500 to buy 5kg of peace,8kgs of maize flour at cost of ksh800,8kgs of rice at cot of ksh 800,i will use ksh 1500 to buy a bag of sugar,ksh 1000 will go in the purchase of 5liters of parafin,5kg of cooking fat at a cost of ksh 500,a carton of bar soap at cost of ksh500,will also buy airtime worth ksh1000,restock my shop with some soft drinks,by buying a crate of soda at cost of ksh480,crate of eggs at cost of ksh620,packet of sweet and chewing gums at cost of ksh200.with this if am blessed to get this loan i will be able to make more profit which then help me to repay my loan and even boost my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Sep 1, 2014

Repayment status

Late

Projected term

2 months

Other loans

Lenders

fairspirit

Utrecht, Netherlands

Sarasota

Sarasota, Fl, United States

Z

ZandC

Sacramento, United States

Matching Fund

Sterling, United States

M

mguenter

Switzerland

K

kennychit

United States

S

stryker75

United States

LouisB

ZIDISHA, Mozambique

J

JessicaAna

Maputo, United States

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