Transportation. delivery of goods to customers

Samuel

Kiembeni, Kenya

100% repaid

Entrepreneur

Name

Samuel

Member since

March 2015

On-time repayments

212 installments  •  58%

About Me

I am a last born in our family. Studied up to A level & did a course in business admin. in college. My first few days wasn't so rosy in terms of job seeking. Since I was in school, I longed to have my own business. My first working experience was to do a sales and marketing job which I managed to Save
and start my own business. My achievement is that I managed to have my own food store. What's good here is that I can be able to manage my time and resources for my success.

My Business

My business is a food store. I deal with selling of cereals. This items have a high demand because every person needs food to servive. My typical costs is kshs 15000 to 20000 ($ 147-191)a.month.with an average monthly income of 50000 ($ 477). I use the proceeds in Reinvestment in growing up the business, paying up school fees for my children and meeting other household demands like house rent and water bills.

Loan Proposal

After getting the loan, it is going to help me get a second hand motorbike that I will use to make deliveries of goods and services to my customers which will double up my returns. The second hand motorbike will cost about $368. It will ease my work since as at now I have to hire one when I want to make deliveries which brings down my returns. I am expecting my profit to increase by 37%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$384.00

Date disbursed

Sep 30, 2016

Repayment status

On Time

Projected term

12 months

Lenders

ShaneS

Port Pirie, Australia

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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