Fruit salad for sale

Virginia Wambui

Nairobi, Kenya

66% repaid

Entrepreneur

Name

Virginia Wambui

Member since

January 2015

On-time repayments

44 installments  •  61%

About Me

I was brought up by a single mother. went to school through alot of hardship but managed to perform very well in Primary and secondary school. unfortunately i was not able to continue and from there i have been doing small businesses here and there. I am a single mother of one baby girl who is 6yrs old and i have also hosted an orphan who is 9yrs old. I have been providing for them single handedly till now. when she grows up she would love to be a lawyer.
I am a kikuyu and in our culture we are business oriented and do very well in business.
during my part time I teach peer education amongst young people in my area. i love community work and helping out in any way whenever I can.

My Business

I am involved in fruits business at the Nairobi CBD. I make fruit salad,park them in plastic contains with a folk attached to each,at home in Dagoretti and then deliver them to offices and stall in the city centre.I have been doing the fruit salad business for an year now and its picking up so well.I started with fruits worth $50 and utensils worth $10. I have been buying five kinds of fruit; water melon,mango,pineapple,bananas and ovacado, each each bag at $10. the fruits go for two days because of lack of a better way to carry them from home to the city centre. Therefore $25 is spent daily as capital,and gives me back $8 profit.I also have expenses to deduct,like transport. I use my profits to pay rent,school fees for my daughter and an orphan am hosting. I also buy food with the same money.I would wish to expand my business because the market is really large...I found out most people in offices in town are trying to diet so they can keep fit or loose some weight, and fruits is all they need. unfortunately its challenging for me to carry lots of those packs in public transport. that would call for me to either increase production and get a taxi to be carrying for me, or get a small space in town to make my fruits from. Increasing my capital by $150 and make all the fruits in a day, would give me a profit of $48 daily, which would cater for transportation for a month before I get a small kitchen in town. To ensure all that fruit salad is sold out, i would look for orders a day before and make sure i get as much orders as i need...

Loan Proposal

I will add some more stock for my business as my customer base is expanding. That will only cost me 3,000 KES, then I also intend to expand to a bigger place somy customers can have enough space to to seat as they eat their fruit salad and drink the juice. The rent to the place I have found is 5,000 exceeding my current rent .
The place will accommodate 10more customers per 30min of eating which each customer spends 50KES. Since I work for 8hrs a day, that means 16sittings a day plus 50KES adding up to 800KES extra a day. That will cater for the weekly loan payment and monthly rent payment and still leave me a substantial amt of profit a month. Looking forward to the approval of the loan. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$89.57

Date disbursed

Sep 12, 2015

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $3.72

Lenders

G

garrybuck

Oro Valley, United States

D

drjofleming

UK, United Kingdom

F

Fiodal

Helsinki, Finland

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

beverly

Vancouver, Canada

CharlieBfl

Vaduz, Liechtenstein

J

jjonas

berlin, Germany

indeh

London, United Kingdom

B

bopsquod

Seattle, Wa, United States

kickerofelves

Sao Paulo, Brazil

R

rpmccarthy

Sydney, Australia

vinnio

Burlingame California, United States

M

marcelitohb

Bremen, Germany

M

michaelangers

Toronto, Canada

doflynn

Dublin, Ireland

L

leeirel

Edmonton, Canada

basicus

Cairo, Egypt

mithril

Prague, Czech Republic

K

KnutG

Bergen, Norway

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

C

caz32

chertsey, United Kingdom

Z

ZacJ89

RIverside, United States

U

Ubun2

London, United Kingdom

B

Bokolo

Leeds, United Kingdom

M

mmisoo

Nova Dubnica, Slovakia

F

Forfex

Zurich, Switzerland

P

paul74

Chichester, United Kingdom

S

seikatsu

Palo Alto, CA, United States

TuveTheDog

Helsinki, Finland

M

Madone52

Brisbane, Australia

B

bwitt

Berkeley, United States

M

mrjamesg

London, United Kingdom

sderickson

Berkeley, CA, United States

johnhudson

Washington, DC, United States

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