Tomatoes and onions for my grocery kiosk

Augustine

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Augustine

Member since

May 2015

On-time repayments

266 installments  •  64%

About Me

I was born in 1986 at a Village called Keoke in Kisii county.I grew up at a time when our family was surrounded by total poverty and no one could come to our rescue. I joined class one at a local Primary school Keoke and after 8 years, I attained a Kenya Certificate of Secondary Education with moderate marks.
I joined also a local High School where I studied with a lot of difficulties. I could be chased away every time because the fees was very rare. Managed to score a grade D plain in my first attempt in forth form, I changed and transferred to another High school since I could not be accommodated at my school due to lower marks.
The issue of me repeating form three really disturbed me, when I joined the other school, my aim was to avoid repeating form three and I realised that I had to work extra harder, For heavenly sake,God helped me to get a grade C plain which now could enable me to join college.
I remember during my High school times, I could put on worn out shoes and even Long trousers which were well over size. This was due to high rate of poverty that was in our home due to lack of resources.Thank God where we are .

My Business

When I finally finished High School, I came to the Capital City Nairobi to look for green pastures to help safe our family from poverty which was really a big nightmare in our family. Everyone could laugh at us simply because we could not afford basic things, Our house was grass roofed.
with the help of a family friend, I got a job at a security firm where I earned 8000 Kes.
With that little money, I used to save every end month and after 10 months, I was able to open a green grocer where I was selling fruits and vegetables.
I have operated this business for a four years now and its doing very well.This is because fruits and vegetables are essential foods in my area here in Kawangware. Everyone needs them, so they are on a very high demand.
I spend 100 dollars by fruits and 80 dollars to buy vegetable every week getting profit of 30 dollars and 40 dollars respectively.
The profits from my business are used for re investment,to cater for my one wife and my daughter. I also use the others to pay for my diploma course in Supplies Management at Kenya Institute of Management.I save the rest for the future. thanks to zidisha loan which i received which has been of great help. my business has expanded and my profit increased up to 70 dollars per week.

Loan Proposal

Dear Lenders, if I acquire this loan, I will be happy because I will acquire a crate of tomatoes at a cost of 8000Kes. I will also add from my savings whatever remains to add avocado stock so that I can get more profit which will enable me acquire a retail shop premise to stock for my wife to operate, while eventually we employ one young man to help us run our business.
These are the estimates
1 crate tomatoes.........8000Kes
a Sack of Avocados..2500Kes
Total ................................10,500Kes
whatever I get from you, I will add some money from my previous savings to acquire what I want. I will appreciate your kind support.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 25, 2015

Repayment status

On Time

Projected term

3 months

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

SeeMeeFi

Ontario, Canada

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

Robert D

Houston, United States

numbat

Perth, Australia

O

OrientExpress

Tokyo, Japan

mepster

San Francisco, Ca, United States

pixelsebi

Berlin, Germany

BB

Ben Bellows

United States

JF

Jason Foti

United States

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