Wholesale fruits and vegetables for my green grocery
Alex Kephar
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Alex Kephar
Member since
December 2011
On-time repayments
293 installments • 77%
About Me
I am married with three child I live in Nairobi Utawala and went to school at St Peter Mumias where passed my O- level Exams very well but I did not join the University because of lack of resources and I decided to start a business of retail shop in the year 2004 and with this business I have been able to take care of my family and pay for my Children School fees. I use the profit from my business to expand my business and build permanent building for my business so that it is more secure. Zidisha Lenders have been a bless since year 2012 and my business have grown from strength to strength and am able to support a happy family and support my community and the country.
My Business
I have Business of retail shop where I sell Green grocery and wholesale , food such as maize meal, rice,cooking fats,detergents.milk, breads and many more. from this business a make average income of Kes 680,000 per month before paying for my expenses. I also own m-pesa business offering mobile phone banking services to the locals and this gives me Ksh 20,000 per month. I face challenge in this business such as high cost of products and fuel. I kindly request Zidisha lenders to partner and finance my business to be able to buy a small van to carry my merchandises from the wholesale market to my shop. The Delivery van will save my business on transport expense and increase my revenue by 20 %. . The Delivery Van will cost about Ksh 600,000 for a good second Van.
Loan Proposal
I wish to apply for loan to buy more business inventory in my Home supplies Shop, the I will use the money to buy more of food stuff directly from the farms in bulk such as cabbages, tomatoes, onions,, oranges, avocados, potatoes, bananas and many others fruits and vegetables. This products I will sale at wholesale price to small business owners who are my good customers at a profit.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$4,484.96
Date disbursed
Sep 19, 2017
Repayment status
On Time
Projected term
20 months
Cost to entrepreneur
Service fee: $177.11
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