Entrepreneur
Name
Alex
Member since
February 2015
On-time repayments
204 installments • 94%
About Me
I was born and raised in Makueni County, Mwisini Village.
Let me first help you understand the nature of my region.
It's hot and dry, and the people who live in this area are
poverty-stricken. All the rivers source are seasonal. Growing up, I didn't have even the privilege of nature favoring me. I walked to school for kilometers barefoot and the ground was ever so hot. In my family, we only had two meals each day. Education was a challenge. As a child, my dream was to learn and know how to read and write in Swahili and in English. Because I didn't have any materials to read, I would borrow old newspapers from a neighbor to practice my reading and to try to memorize new vocabulary. I learned a lot through the old newspapers.
I learned about the world, and about the country's political environment. And whenever I read it, I felt connected with the world.
My wife and I have a son.
My Business
My business is a mini koisk where I retail consumables to the people who live around Hinga Road. My shop retails sugar, rice, salt, baking flour, ugali flour, and packed milk. This kiosk has everything a client would need for breakfast, lunch, and supper. I have created a great clientele base. They rely on my services and products, on a daily basis.
I sell to over 200 people. I open at 5a.m. and I close shop at 11p.m.
This is what earns me a living. I take care of my family's needs from the income that is generated from this kiosk. I pay for rent and food, and I also am in school and get my school fees from my business.
Loan Proposal
The loan will be used to Buy 50 kgs of sugar worth 6130 kshs , i will then pack the sugar in small quantities from 1/4kg, 1/2kg and 1kg respectively, why spend the loan on sugar.My clientele they all use sugar in the morning for breakfast and at 4 pm for tea, among other items sugar is my fast moving product and profitable, if i spend 6130 to buy the stock i will make 3000 kshs as profit within 2 weeks.
Feedback
Positive
3
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 17, 2015
Repayment status
On Time
Projected term
4 months
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Ask Alex a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
melissapmeier Apr 7, 2017
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