Adding more fish stock

Boniface Nyambaga

Embu, Kenya

100% repaid

Entrepreneur

Name

Boniface Nyambaga

Member since

January 2018

On-time repayments

167 installments  •  57%

About Me

I am Boniface Unyagi age 33 years I live and work in Embu Kenya.First born in a family of 4 Siblings. Now i have a wife and 2 children 7yrs and 2 yrs old. I started my fish hotel business in January 2017 upto date with the help of contribute from my family.For the First 3 months i faced a lot of challenges mainly finance. 6 months later the business improved as more customers got attracted because of the good quality of fish and the preparation proccess. Right now am facing the challenge of expansion that why i have come to you for help. It is a business that has a future. I have 3 employees so far. (I intend to open more branches as time goes by). I Hope through ZIDISHA I will achieve my goals. Thank you in advance to all Lenders that will be with me in this journey of success. Be Blessed.

My Business

My business involves selling fish, at the moment i sell tilapia,mudfish,mackerel and nileperch in future i intend to bring in other fish species. I sell raw and cooked. It is a fish point, a small room where customers are served to eat or they can get them take away.

The business is a success since there is a big demand for fish in the area, more than i can supply. I mean i have ready customers . I chose the business since my mother has been doing it since2002 that where i have been learning the skills .My mother's fish supplying business has been paying for my primary & college fees and other siblings too.
So I love what am doing. Am in the right job

Of recent the my fish business profits has enabled me start i small retail shop (Feb 2018) for my wife.

It is a business that has a good future.

Loan Proposal

If i get that loan i. e 3280. I will deduct 280 for transport. Then the balance of 3000 will buy 10 kg of nile perch @300 ..
I normally sell each kg at 600. Total sale will be 6000-3000(total buying price) -280(transport)-600(total cost of preparing the fish) ==TOTAL profit Ksh. 2120(USD21.2).

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.34

Date disbursed

Jan 27, 2018

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $1.36

Lenders

EHTHighSchool

Egg Harbor Township, United States

A

Alexandre

Sherbrooke, Canada

Z

Zippo

Berlin, Germany

P

PetrusR

balmoral, Australia

V

VegaMansk

Woerden, Netherlands

K

Kramer91

Kamerik, Netherlands

B

BeachDrapers

United States

B

benlenarts

Netherlands

C

CRR7x

United States

E

Eleorest

United States

S

satheajay

United States

S

smanda

United States

B

beegkitty

United States

B

bwmoore

United States

LC

Lauren Cowan

United States

EF

Eddie Flores

NYC, United States

FJ

Flo Jo

United States

SR

Sharyn Ribich

United States

Angela Linwood

Minneapolis, Minnesota, United States

Zack Stein

United States

MS

Mona S

United States

Paul Buchheit

Mountain View, United States

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