Wholesale stock of cups and plates for my shop
Abraham
Mazeras, Kenya
100% repaid
Entrepreneur
Name
Abraham
Member since
March 2015
On-time repayments
74 installments • 66%
About Me
most of my mates used to call me as ibra but I am abraham mwangi born in a village known as kirere from Kigumo murang'a county central kenya third born from a family of three with late single parent (mother).my mother died when I was two years old and left with my older brothers and my late gand father and grand father.I joind and finish my primary level with problems by support of my grand parents bud I didn't proceed because of financial instability.after my education I stayed with my late grand parents and after they both died and I remained alone as my older brothers hand went out to look for their own daily bread.after suffering alone and sometimes going without food I joined my younger brother at mazeras kilifi county coast kenya and join a steell makers factory where I worked for a whole year and become with an idea to start my own business.I like listening music and chatting with my friends during my leisure time
My Business
I did my study of the small town that I live and realised that big percentage of people stay a rent house and needs utensils and thats why I decided to star a business of selling some kinds of utansils like sufurias, plates,cups,knives etc.my bussiness has high demand because there is no high competition,almost every body has to use them in their daily basis and also requires small amount of capital to start.I use my income to pay rents ,to overcome my expenses and boost my bussiness..
Loan Proposal
Am planning to enlarge my shop as home using utensils occupy large space that's why immediately if I get the loan I will spend $10 to renovate my shop and the rest to add fast moving stock like cups spoons plates cooking pots basins and buckets which will cost around $20.it will help me to get more profit as large stock will help me to serve many customers at a time without rushing so saving my time and also have enough free time.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$341.00
Date disbursed
Jul 25, 2015
Repayment status
On Time
Projected term
3 months
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