Banana selling

Kennedy

Ebutunyi, Kenya

96% repaid

Entrepreneur

Name

Kennedy

Member since

May 2017

On-time repayments

76 installments  •  88%

About Me

I am a forth year undergraduate student at kibabii university pursuing a degree in bachelor of science mathematics (statistics). its my hope that I will be done with my degree soon so that I can lift my business at a good position before I look for someone to help me handle it when I am at work. I believe that I have to make something out my life that is not education oriented for smooth running of my life

My Business

I sell fruits; mangoes, bananas, grapes, avocado, grapes, apples, watermelons, pineapples and some more. its a business that I was introduced to by my mother when I was still in highschool. it makes some good profits of which which has enabled me to depend on myself and not my parents while at school. it has helped me pay my school fees too

Loan Proposal

i will buy more bananas to increase the stoke for more profits. Since am in a long holiday from school, I will have enough time to sell the bananas so as to meet my academic needs by the time we open the school. I will also use the money to rent a more convenient transport facility so that the ripe bananas I buy for selling would not reach the market when spoilt and this would help to prevent the losses that might occur . if this is done, my profits would increase by around 30 percent and this would make me more stable enough so that I can employ someone to help me run the business when am attending the lectures
also, I would like to look for a larger room close to the university so that I could tap more customers and also accommodate more bananas at the moment. This can only be done if I have enough money to pay for the rent: currently I cannot afford that amount since the profits I made last time are not enough to increase the stoke and pay rentals for a large sized room. I believe that this would increase my profits by large amounts.

Feedback

2

None

None

  • Margaret    Oct 4, 2018

    The loan was paid off perfectly.

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  • Helen Horseman    Aug 28, 2017

    Thank you for 100% repayment on time Kennedy.
    Best wishes for the future

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    • Kennedy    May 11, 2018

      I am humbled with your magnanimity. You have really helped me grow my business from nothing to something that can put a smile on my face everyday. I have also used my fortune as a blessing to a few people through creation of employment. I believe with time I will be able to have a big firm. May you be blessed

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Loan Info

Project Type

Classic Loan

Disbursed amount

$16.00

Date disbursed

Aug 4, 2017

Repayment status

Late

Projected term

2 months

Lenders

MarktheMormon

Sandy, Utah, United States

HH

Helen Horseman

United Kingdom

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