Buying a blender and more seats for my restaurant

Bedan

Ngariga, Kenya

100% repaid

Entrepreneur

Name

Bedan

Member since

March 2014

On-time repayments

85 installments  •  69%

About Me

I am a young Kenyan businessman who runs a small fruits kiosk located in Ngarariga town. I finished my o-levels in 2007 and decided to delve in the world of business so that I can try make something out of my young life. I am an open minded person who is always eager to try my hand in various opportunities that life presents me.

It is this same desire for success that made me set up a business, though small as the rate of unemployment is relatively high in my my country especially amongst the youth.I am a firm believer in hard work and I believe with resilience you can make a difference not only in your life but the lives of those surrounding you as well. I Hope to transform the way I live by making positive contributions to the society.

I have been in this business for slightly over an year and I have managed to establish a loyal customer base. I source my fruits from the Kawangware market which is located in the outskirts of the capital city Nairobi. My business is open every day save for Sundays when I attend church.

My Business

I have, like indicated above been in business for slightly over an year. There has been an influx of people working in the capital city and other neighboring towns like Limuru coming to seek for cheap houses in Ngarariga. This has seen a rise in the number of customers seeking to consume fresh fruits as a part of healthy living.

I make at least $35 (Kshs 3000) a week from the sales of my fruits. This translates to $ 140(12,000) a month. I am in an urgent need of funds to help me expand my business more so buying a blender to start making fresh juices in addition to selling the fruits.This will help increase my revenue I am intending to apply a loan to fund the same through zidisha.

Regards
Bedan Waweru

Loan Proposal

Hello Lenders. This is the 3rd loan and I must take this opportunity to thank. When I first applied for a zidisha loan, I was barely making $200 per month. Now I am making over $ 600 every month! The reason for this loan is to buy a blender that will help me make juice for my fruit's customer. I will also sell the juice in my restaurant that I opened with the third loan. At this point let me mention that I have to businesses, the fruit business and a restaurant. My restaurant has be growing tremendously and I need to add more seats to cater for the growing number of customers. Both the blender and the seats will even push my earnings higher which I'm projecting to be $ 800 in a few months. With my current income, I will service the loan comfortably. God Bless You

Bedan Waweru

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$382.00

Date disbursed

Oct 16, 2014

Repayment status

On Time

Projected term

7 months

Lenders

Jonas

Brussels, Belgium

DF

Dennis Furr

United Kingdom

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