Entrepreneur
Name
Fredrick
Member since
December 2014
On-time repayments
223 installments • 67%
About Me
At childhood I had very big dreams of owning big businesses in the country,which am actually achieving.I started the business after my college,and tarmacking so much looking for job.I then decided to employ myself.The business is good since the product is in high demand always.My products are unique in the manner that,product itself is clean,well displayed for easy seeing of the customers which later translates into attraction.My prices are also favorable since i do both wholesaling and retail.I decided this so as to enable all customers who are interested with my product to get it.My child has very great dreams of becoming a pilot and traveling all over the world.My hobby socializing which actually has enabled build a big business through proper customer relationship.
My Business
In my business,I deal with fruits because they are always at high demand.This business is highly profitable since expenses are not high.The profit gathered in the business,I do Chanel it in paying school fees,investing and expanding the business.Currently i have an idea of venturing in another industry of motor vehicle spare parts,since i have realized that the business is also doing very well in my mother country.So the profit gathered from the industry of fruits,part of it will be used in starting and growing this other business.Good luck.
Loan Proposal
Am so much optimistic about the loan am applying because the plan that i have about it is that if all goes well and i am funded,it will be an opening to take my business to the next level.This is because i have decided to be blending juice for commercial purposes.Now when am funded with the amount requested,i intend to spend as follows;200 US$ to buy a modern refrigerator for the preservation of fruits and juices ,50 US $ to buy blender,35 US $ to add another variety of fruit in the business.ie mangoes.With such a plan,more customers will be attracted to my business hence making more profit.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$299.00
Date disbursed
Jul 29, 2015
Repayment status
On Time
Projected term
6 months
Lenders
Elwood, United States
Bangkok, Thailand
Arlington, United States
Doha, Qatar
North Carolina, United States
CHAPEL HILL, United States
Columbus, United States
Shanghai, China
United States
Taiwan
United States
Switzerland
Sweden
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