expansion of my fruit shop

Miano Ngari

Naivasha, Kenya

100% repaid

Entrepreneur

Name

Miano Ngari

Member since

April 2014

On-time repayments

278 installments  •  71%

About Me

I live in Naivasha town,i have lived here for the last eight years.Am kenyan by birth,born and brought up in Mathira,Nyeri county,Later we relocated to a place called Ragati near Nanyuki town.That is where the rest of my family members live.i came to Naivasha for studies and later settled here.Naivasha is a very nice place in terms of climate and business wise this is because the town is near the capital city of kenya again it attracts a lot of people because of the lake.i finished my education sometimes back.Am now employed by the Presbyterian church of East Africa Naivasha town as a youth ,teans and children cordinator.

My Business

I operate a small business of selling fruits in Naivasha town.i sell them at retail prices.I have been in this business for the last one year .the reason as to why i got interested in this business is because the products are easy to get and there is ready market.The rampant growth of the population in this town makes me fill that i should add my stock so as to continue attracting more customers.I have employed one person who operates the business on my behalf and join him later after job. i make a profit of ksh 10,000 (117 dollars) per month which i fill is becoming too little to cater for my needs.If by Gods favor i get a loan to make my business grow , i will shift my business from retail to both retail and wholesale selling.Thanks to god for Zidisha because i believe you will help me achieve my dreams.If i get the cash i will use 115 dollars to add my stock of water melons,mangoes,bananas, an some other types of fruits

Loan Proposal

when i receive this loan, i will be the happiest person ever because my dream will start now becoming true;I will use it to add some stock in my fruits shop.i will buy fruits worth 120 dollars to by different types of fruits like water melons,mangoes, bananas and other types of fruits.Naivasha town population is growing at very high rate so i wont struggle much because fruits are part of the fast moving foods stuffs because people have to eat healthy.This cash will help my business grow at 8 percent rate.Thanks to zidisha as i wait for your consideration.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.85

Date disbursed

May 14, 2014

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Lender interest: $150.85 at 10.51% annual rate over 5 months = $7.32

Service fee: $2.46

Lenders

EricDWalters

Rochester, Mn, Usa, United States

KYLE LARSON

Little Falls, United States

yosefchayim

Bournemouth, United Kingdom

P

Prysdahl

Marshall, United States

K

KennaMumford

Salt Lake City, United States

joaoferraz

RINCHOA, Portugal

Sarasota

Sarasota, Fl, United States

mole333

Brooklyn, United States

Arjan Geven

Vienna, Austria

L

leumasmc

United States

larry

Sweden

Tobsoc

Hannover, Germany

A

Arkad

United States

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