Name
Frank Mwenda
Member since
May 2020
On-time repayments
45 installments • 69%
Hello, am frank mwenda, I was born and raised in Meru but currently I live in Nairobi. Am married and blessed with 4 kids 3 girls and 1 boy.
For me my family means everything to me I did not a achieve a lot but I would like to make that possible for my kids.
Am working hard to ensure they get the best education so that they can have a better future.
I started my business in 2018 after the company I was working for closed down and getting a new job got tricky, I had to find a way to feed my kids and that's when I got the idea of sourcing fresh groceries to bring it to the city and sell to the dwellers at an affordable price since life is already hard enough.
I sell groceries, ranging from tomatoes, onions, potatoes, green pepper and much more, the items are a must have in most families that's why I thought of the idea, for me to compete with existing marketing I had to find a better way to coop, I usually go to the farmers and buy from them at a wholesale price, for me I don't aim high profits, because if am able to sell more it means I make more even if the margin is low, I ensure it carters for all my costs and make something small in return.
I would like to request for your input in my business, this will ensure I get more products which means more profit thus growth in my business.
Thanks for the opportunity and I hope you partner with me.
Hello, I would like to apply for, kes 7150 which I will invest in tomatoes, I usually get the tomatoes from the farmers which is cheaper the sell them door to door to my customers, this allows me sell more and meet more customers.
With the ongoing pandemic things are tough but selling food stuff is allowed and I can access the farmers to get the tomatoes and other produce, as am doing this am taking all the precautions to ensure am sure, hence my business is still running,and am sure I will be able to repay the loan from the income.
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Project Type
Classic Loan
Disbursed amount
$74.00
Date disbursed
May 11, 2020
Repayment status
On Time
Projected term
4 weeks
Other loans
Amount repaid
$74.01
Amount remaining
$0.00
Date repaid
Jun 10, 2020
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
May 23, 2020 | $18.51 | May 22, 2020 | $18.51 |
May 30, 2020 | $18.51 | May 29, 2020 | $18.51 |
Jun 6, 2020 | $18.51 | May 31, 2020 | $18.51 |
Jun 13, 2020 | $18.49 | Jun 10, 2020 | $18.49 |
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