Adding more fish stock to my business

Daniel Ochieng

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Daniel Ochieng

Member since

May 2014

On-time repayments

28 installments  •  64%

About Me

Am Daniel Ochieng Nyakado born in 1988 at Gendia mission hospital at Rachuonyo District.I started my primary education at kosele primary school and got 355 marks out of 500 marks in the year 2002.I then proceeded to Gendia secondary school where I did my exams in the year 2006 and got grade C+(plus). I later joined Kenya school of professional studies in Nairobi and graduated with Diploma in Business administration.Am A business man by profession and currently am running Fish business in Gikomba market Nairobi.I started this Fish business to allow me take care of my family,proceed with my education and assist my siblings.Since I started the business have managed to purchase Motorbike to facilitate my transport to the market, build a stall in the market and bought Fridge to keep fish fresh . My hobby is watching football and reading novels

My Business

Am requesting this loan to allow me expand my fish business more than current stock.I will pay back this loan with interest made from the sales of the fish stock. In Gikomba market there is demand for Fish by the Hotels owners in the city and city residents. My customers prefer my stock because it is from fresh water lake by the name, Lake Victoria, compared to my competitors who sell's fish from Fish pond built in some nearby towns.Fish from the the ponds are tasteless compared to fish from natural lakes. My business is profitable because I have a lot of customers and my sales per day is good.One main challenge is lack of enough fund to Purchase more stock as some of my customers do miss to get fish. My monthly collection is A round USD3194 and My Monthly expense is a round USD2221.

Loan Proposal

I will use the loan to add my stock by purchasing more catfish,Nile perch and tilapia this will make me increase my daily purchase with around 100 pieces of fish daily and this will cost$332.My benefit will be generation of more profit from the new 100 pieces of fish added to my stock,of $85 Monthly hence growth of my business and better life for me and that of my family.Lenders am pleading for your support to help me realize my dream through these business.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$287.36

Date disbursed

May 10, 2015

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $10.74

Other loans

Lenders

rebecca

Chapin SC, United States

A

agwong

California, United States

R

redhoward

San Francisco, United States

J

johans

Malmö, Sweden

tjm212003

Montreal, Canada

C

CWS

Huntington beach, ca, United States

B

bgalon

London, United Kingdom

E

Errol

Bradenton, FL, United States

F

fabian85

Uppsala, Sweden

S

Snick

Halle, Germany

H

Hilke

Bremen, Germany

C

Canlender1

Nanaimo, Canada

B

BRWorthington

San Francisco, United States

D

Daniel

Cupertino, United States

Z

zbuttel

Boston, United States

J

johan

Oslo, Norway

torelizer

Reggio Emilia, Italy

T

tatts2000

melbourne, Australia

D

drakekids

Greensboro, United States

G

glosoli

Boston, United States

bdm4a

San Fransisco, United States

T

TobyKenobi

Syracuse, United States

BelleStarr

Albuquerque, United States

K

KakkoiiCali

Anaheim, United States

jesuisneil

MATTESON, United States

C

CavLender

Charlottesville, United States

A

andyfletcher

I want my "My loans" page back, Qatar

C

ColinPlatt

Montgomery Village, United States

L

lumlum

Renens, Switzerland

lietu

Tallinn, Estonia

daibhmac

Luton, United Kingdom

I

ideerge

Mountain View, United States

oleseidenberg

Berlin, Germany

Straetman

Kaarst, Germany

J

jozua

Delft, Netherlands

K

Kerkeslager

Richmond, United States

traciyoshiyama

Honolulu, United States

J

johnbireland

Dublin, Ireland

Hakayati

Dublin, Ireland

Alessandro

Verona, Italy

joselvelez

Dallas, United States

S

sersub

San Diego, United States

G

gt2016c

Birchgrove, Australia

S

searthsong

Colorado Springs, United States

I

IngeH

Muehlheim, Germany

A

AJCortens

Boise, ID, United States

C

Coyote137

Portland, OR, United States

J

jjcharlie

chicago, United States

H

Houdini314

Elwood, United States

ZlataRoy

Cheltenham, United Kingdom

F

FaaThailand

Bangkok, Thailand

MichaelDean

San Jose, United States

A

Aloha

Cologne, Germany

M

markj

Camberwell, Australia

J

Jacquinta

London, United Kingdom

Pere

Barcelona, Spain

Zidisha

Sterling, United States

K

kathy207

South Portland, United States

A

aliasadsj

Queens, NY, United States

AmeliaAndMatt

NSW, Australia

A

ashtanga99

Newport, United States

S

simranandtyler

London, Ontario, Canada

G

GLWall

Iowa, United States

DaveinPerth

Perth, Australia

K

kingmark1

Calgary, Canada

BJ

Brandon Joz

North Carolina, United States

E

eljama

Chapel Hill, United States

J

John

Newbury Park, CA, United States

N

nanning

Baltasound, United Kingdom

Aggul

London, United Kingdom

S

SweAus

Adelaide, Australia

Jeff and Marcie

Portland, OR, United States

4

42Theo

London, United Kingdom

E

Elisa

Espoo, Finland

M

mrhanky1

melbourne, Australia

J

jjiffer

Seattle, United States

K

Kollegah

Munich, Germany

N

NancyG

Victoria, Canada

C

Carol

Ripon, United States

RockinRobin

Centennial CO, United States

C

chrisn

Egg, Switzerland

R

Rossman

Poland, United States

D

dball

Karlsruhe, Germany

MichaelR

Los Angeles, United States

J

JayJay

Cleveland, United States

C

CheesemanDan

Shanghai, China

A

Alicee

Munich, Germany

P

proby24

Singapore, Singapore

G

gabarone

Rochester, United States

K

Kibbleni

Madison, United States

T

tmsaddress

Orlando, Florida, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

dmirpuri

Bangkok, Thailand

G

Goetterbote79

Neuhausen, Germany

Z

zidishan

Trifouillis, France

E

E

Marin county, United States

E

emilyeaton

New York, United States

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

A

allie105

United States

J

Jmatasovsky

United States

H

Heroofcanton

United States

mepster

San Francisco, Ca, United States

L

luckiestmonkey

United States

Leonardia

Waddinxveen, Netherlands

I

idris

United States

DennisM

Netherlands

S

SCHAC

Switzerland

tricia190

Liverpool, United Kingdom

A

adamdreaming

United States

KM

Kirsty M

United Kingdom

Haim Si

Mexico, Mexico

B

BSergent

United States

Dave Bogard

New York, United States

MZ

Matt Zirwas

United States

Ask Daniel a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...