"Busy Bee" Grocery

Furry

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Furry

Member since

March 2017

On-time repayments

18 installments  •  17%

About Me

I was born in 1970. At the age of four my parents divorced. Me and my sister were raised by our maternal grandparents who died when I attained 15yrs. I had to work as a labourer in the evenings and during holidays to pay school fees. I did my secondary exams in 1990 and had to do business to raise fees balance to get my results. I've worked in different firms but only business has made me own a small two bedroom house and live with my wife and four children.

My Business

I work as a company driver but run a side business with my wife as my managing partner while in the evenings and weekends I run the bussiness. It is a retail shop but have discovered potential in green grocer and butchery within my locallity.I live in the outskirts of mombasa mainly inhabited by low income earners and daily shoppers of small scale households.

Loan Proposal

I will buy green vegetables at a price of 4dollars.
After selling I'm expecting 2dollars profit.
I will use the profit to add on my working capital to 6 dollars.
The profit can be realized after 2days or three days as these are daily domestic used commodities.
I expect to grow my business to reach loan limit of 5000dollars in 6months.

Feedback

1

None

None

  • Ahadi    Apr 19, 2017

    Furry is a very serious borrower.
    I will be ready to work with him again.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Mar 25, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

The Zinc Team

San Francisco, United States

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  • Furry    Aug 25, 2022

    I had lost my job and business due to the covid pandemic which made me relocate.

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  • Furry    Feb 8, 2022

    I lost my business due to job loss and dependent upon the business. I was further relocated to the countryside due to Covid issues which worsened the situation and had to move to country home.

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  • Silas    Jul 11, 2017

    Have called him. He said he had a big issue but he is now recovering and he is going to repay

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  • Furry    May 17, 2017

    I have made quick returns on my business and decided to take another loan and pay membership fees so that I take a bigger loan and expand further. It really helps

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  • Furry    Apr 7, 2017

    Thank you again Ahadi for wishing me well. I pray you keep that helping spirit and may God bless you.
    Thank you again!
    Regards,
    Furry Ambari
    from Mombasa,Kenya.

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  • Furry    Apr 6, 2017

    Thank you Ahadi for lending me a loan. I will use the loan to buy more green vegetables for my grocery.
    This loan will help me improve and increase my stock variety hence attracting more customers and more profit which will make me expand my business.
    Thank you again Ahadi and will strive to pay on time so that I can achieve my dream as businessman.Thank you!

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  • Furry    Mar 30, 2017

    Hello!
    Thank you again for the loan now that I have introduced green vegetables my grocery has attracted more customers and make quick returns. I have therefore paid the first loan in full on the first installment so that I can borrow again and climb the ladder to get a higher loan to enable me expand my grocery into a one stop shop.

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  • Furry    Mar 23, 2017

    I will buy green vegetables to boost my grocery. The loan will help me grow my business and eventually equip myself for retirement. Thank you my funders and will strive to grow big rapidly by repaying on time and even being a member. God bless you.

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