A deep freezer for my business

Wycklife

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Wycklife

Member since

May 2014

On-time repayments

137 installments • 45%

About Me

I was born and raised in Nyakach district of Kisumu county. I did both my primary and secondary education there before moving to Nairobi where am doing my business. I like the most challenging things in life such as solving puzzles and playing games. I also like reading novels and watching the movies. In my business, I have been able to have a source of income to support myself and my family. My desire is to grow my business in a level to offer employment to others.

My Business

My line of business is the selling of white meat to hotels and individual consumers. I sell both fish and chicken at the city market in Nairobi's central business district located in biashara street. The future of this market is bright going by the constant growth in the demand I have witnessed in the past period of time being promoted by the campaigns against the heavy consumption of the red meat on health grounds.

Loan Proposal

Hello everyone, I am asking for this loan to buy a deep freezer for my highly perishable products which can go bad within a day. I am looking for $450 to add to my savings of $150 so that I can get a good deep freezer which goes for $600. By using that freeezer, I would be able to buy a large quantity of stock to meet my customers demand. This will ensure a steady flow of profit which I would plug back to the business even as I repay the loan on a weekly basis. It will also benefit me by having the much needed stock at all time to grow the business and also through the experience I already have in the business together with the ready market I have in hotels, my lenders are assured of the timely payment.