Adding more fish stock

Boniface

Embu, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Boniface

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).