Stock of fresh produce from local farmers to upgrade my green grocery

Hellen

Mombasa, Kenya

20% repaid

Entrepreneur

Name

Hellen

Member since

May 2013

On-time repayments

146 installments  •  26%

About Me

My names are Hellen Ndinda Mandi. I was born in 1967 in Taita Taveta Vounty, the coastal part of Kenya. I am a Kamba by tribe, I am honest, competent and hardworking. I come from a very humble background. I reside in Mtwapa – Kilifi County. I am a born again Christian. I have three children and am married. I am a business woman and that’s what I use to fend for my three children. My first born is in form four, followed by form one and lastly class four. The reason why I started this business was to look for something that would make move on rather than being a housewife. The earnings I get most of the time go to food and stock to keep my business going.

My Business

As a businesswoman, I normally sell home basic needs like, kales, tomatoes, onions, garlic, spices, cereals, potatoes, cabbages, fruits. Yes I have clients who must purchase the above aforementioned items. Especially the cereals and vegetables as they foods which must be eaten. My customers prefer my business because I normally sell my items at a cheaper rate unlike supermarkets and other points. The business is profitable because I have so many clients as I sell compulsory needs. Actually I have minimal risks as I have no problems with the authorities such as the County Council as I already acquired a license.
On a good day I normally produce 1,200/= so that adds upto 36,000/= per month.
Total expenditure per month is 21,000/- that is school fees, electricity, food, stock and rent. So my monthly profit is 11,000/=

Loan Proposal

I am planning to add more stock to my business and with the money am also planning to open another green grocer. The stock for this ongoing business will cost me 80 dollars and 100 dollars will be used to open a new green grocer. The loan will help me fend for my children that is their education and basic needs. I am also grateful that the loan will help pay my bills. I am positive that the plans i have will be of help thus will enable me make repayments of the loan in time.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$187.00

Date disbursed

Apr 21, 2015

Repayment status

Late

Projected term

21 months

Lenders

C

Christian

Saarbruecken, Germany

T

Tec69200

Jacksonville, United States

M

marcelitohb

Bremen, Germany

H

howard

Vence, France

ProfWriter

Boone, United States

K

Kudrnova

Czech Republic

Lou Kaucic

Sanbornton, NH, United States

Sandra

Böblingen, Germany

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