Fresh and deep fried fish

Frankline

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Frankline

Member since

June 2015

On-time repayments

18 installments  •  44%

About Me

I am a young honest man. I am married and I do have a son and two daughters. I do reside in Nanyuki, Laikipia county near Nanyuki stadium. I finished my secondary school with the support of a donor from Australia after which I was unable to join college or university due to lack of fee. I have been doing several businesses for the upkeep of my family since am the sole bread winner. Many at times the businesses reach to a dead end due to lack of proper capital to sustain the business.

My Business

Having gained fish business experience from my mum whom resides in Nairobi.I came to Nanyuki town for some casual employment and I spotted the opportunity of preparing and selling fresh and deep fried fish. According to my research freshwater lake fish is a rare commodity in Nanyuki. Due to the scarcity of such kind of business is what led me to venture in fish business which currently we are running together with my wife.
The revenue that I get from the business helps me to repay Money transfer services loan which I took to start the business, settle my bills and save in a sacco. I need money to increase my stock and also construct a structure a small food joint for my customers who don't need take away. My ambition is to be supplier in major hotels within my locality.




























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Loan Proposal

Since I am unable to satisfy the market at the moment, if given the zidisha loan I will increase my stock. This will further increase my revenue of which I can get extra cash to repay the loan and construct a food joint for my non takeaway customers.
By so doing this since the business will be expanding I will have to create employment for one or two guys to assist me to run the food joint.
I am very sure that my profit will increase by 60% to 70%.
Am very much positive that with this first loan things will turn out to be okay for the betterment of my family and business in general. I am also in the process of talking to hotels so that I can be supplying them of which this is my bigger ambition. With this I will be able to meet my family obligation as a father and an entrepreneur.Thank you in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Oct 15, 2016

Repayment status

On Time

Projected term

7 weeks

Lenders

Paul Buchheit

Mountain View, United States

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