Expansion of fresh fruit exporting

Mayison

Tassia Iii Estate, Kenya

100% repaid

Entrepreneur

Name

Mayison

Member since

July 2016

On-time repayments

28 installments  •  57%

About Me

I was born and brought up in a good and happy family till my Dad passed on.I went to a local primary school and where i managed to score a clean A and was admitted to a national school. at times i had to work for my fees and sometimes go hungry with my brothers. It was tough but at the end of it i came through it. With my form four certificate i managed to secure job and with that i paid my college fees got a better job and while i reflected on my life i realized that i was also subjecting my children to the same fate that i went through. That's when i decided to start a business and as a coincidence i was doing imports/export,some clients from U.A.E were inquiring about fresh fruit suppliers and that's how i hit the ground going.
My children have very big ambitions and that gives me a challenge to lay a good foundation for them to strive. I have a Nurse,an engineer and a Lawyer.
I love children and i always love to support them in any small way i can.i often visit children in orphanages or even in homes to give even moral support to them.

My Business

We are fresh fruit exporters based in Nairobi Kenya
Mayison Agencies is a family company that was registered in 2015.
We export fresh fruits and vegetable to Dubai and some parts of Asia. Having a good understanding of Imports/Export i found it easy to manage and run this kind of business and also it has good returns depending on volume.
1 box of avocado costs approximately 10 Dollars and is sold at 12 Dollars that is approximately 2 Dollars per box and exporting 200 boxes that will be 2000 Dollars and the return will be 400 Dollars per week.
70% of my profits mainly goes to my family upkeep while the remaining 30% to my business rent and paying packers who are currently on based on availability of work and i would like to have them on a permanent basis to be able to also plan with their income well.

Loan Proposal

I intend to increase the number of boxes exported to Dubai as i am currently doing 200 boxes per week and my client if forced to source elsewhere for the deficit.
1 Box goes for USD 10 .
If i manage to do approximately 500 boxes per week i can comfortably employ more than 100 packers on permanent basis thus create more employment and i will also be able to upgrade my life and that of my family members so that they are assured of tomorrow in case of any eventuality.
I expect increment of USD 360/week or 1,440.00/month

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$30.00

Date disbursed

Aug 5, 2016

Repayment status

On Time

Projected term

3 months

Other loans

Lenders

Zidisha

Sterling, United States

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