Wema duka enterprise

Alex

Kangemi, Kenya

100% repaid

Entrepreneur

Name

Alex

Member since

February 2015

On-time repayments

199 installments  •  96%

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

3

None

None

  • melissapmeier    Apr 7, 2017

    Best wishes for your continued success. I would be happy to lend to you again!

    Log in to reply • Share


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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

Lenders

E

Emerald

Pompano Beach, United States

S

stroll

Stockholm, Sweden

F

FHult

Stockholm, Sweden

Zidisha

Sterling, United States

J

jasonbronowitz

Tempe, United States

nelson637

Greenbrae, California, United States

T

teanuh

Littleton, United States

pbosakov

Sofia, Bulgaria

ksevik

Oslo, Norway

S

Simurgh

Madison, WI, United States

captainhappy

Gladstone, Australia

M

missjoyy

Munich, Germany

S

StephenMichael

Burlington, United States

B

BartenKatrijn

Ghent 9000, Belgium

A

aguayo

Silicon Valley, United States

M

MarcAndreD

Saguenay, Québec, Canada

trevbot

Montreal, Canada

R

RichardH

Manchester, United Kingdom

J

j12345

Durham, United States

W

wissu

Brüttisellen, Switzerland

L

lowtechmagazine

barcelona, Spain

Sandra

Tillamook, Oregon, United States

J

jzidi

Los Angeles, United States

B

boourns

Newmarket, United Kingdom

E

EnhanceLife

Heber City, United States

Matthew

New York, NY, United States

W

wogman

Evanston, United States

S

samiT

Brussels, Belgium

I

Ilona

St Catharines, Canada

S

smilesandlove

mount horeb, United States

J

JKain317

West Seneca, United States

Jouni

Finland

FirmlyRooted

Richmond, Virginia, United States

D

dlugi

Krefeld, Germany

Levanticus

Epsom, United Kingdom

P

pedromaster88

torra pallavicina, Italy

A

Aastra

Los Angeles, United States

southcentral

Zürich, Switzerland

C

ChrisG

Charlestown, Australia

mauroandmichelle

Montreal, Canada

T

Travelbear

Asheville, United States

dhulsterwim

LIER, Belgium

MarshFamilyUK

Canterbury, United Kingdom

ibc123

Seattle, United States

J

jumpfunky

Dortmund, Germany

P

Popcorn

Berkeley, United States

L

Lallarahiq

United States

Grant Xavier Storer

Seattle, Wa, United States

DR

Derek R

Australia

Kate Courteau

United States

FK

Faraz Khan

United States

M

Marc

Newcastle upon Tyne, United Kingdom

M

Maggie

Australia

Ask Alex a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$105.14

Amount remaining

$0.00

Date repaid

Jul 11, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 26, 2015 $5.53 Apr 25, 2015 $5.53
May 3, 2015 $5.53 Apr 25, 2015 $0.02
May 3, 2015 $5.51
May 10, 2015 $5.53 May 3, 2015 $3.38
May 10, 2015 $2.16
May 17, 2015 $5.53 May 10, 2015 $4.51
May 17, 2015 $1.02
May 24, 2015 $5.53 May 17, 2015 $2.87
May 24, 2015 $2.67
May 31, 2015 $5.53 May 24, 2015 $2.89
May 31, 2015 $2.64
Jun 7, 2015 $5.53 May 31, 2015 $1.80
Jun 7, 2015 $3.73
Jun 14, 2015 $5.53 Jun 7, 2015 $0.71
Jun 8, 2015 $2.78
Jun 14, 2015 $2.04
Jun 21, 2015 $5.53 Jun 14, 2015 $3.51
Jun 21, 2015 $2.02
Jun 28, 2015 $5.53 Jun 21, 2015 $5.53
Jul 5, 2015 $5.53 Jun 21, 2015 $0.22
Jul 5, 2015 $5.31
Jul 12, 2015 $5.53 Jul 5, 2015 $3.58
Jul 11, 2015 $1.96
Jul 19, 2015 $5.53 Jul 11, 2015 $5.53
Jul 26, 2015 $5.53 Jul 11, 2015 $5.53
Aug 2, 2015 $5.53 Jul 11, 2015 $5.53
Aug 9, 2015 $5.53 Jul 11, 2015 $5.53
Aug 16, 2015 $5.53 Jul 11, 2015 $5.53
Aug 23, 2015 $5.53 Jul 11, 2015 $5.53
Aug 30, 2015 $5.54 Jul 11, 2015 $5.54

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