Fruits and vegetables for grocery shop

Daniel

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Daniel

Member since

February 2017

On-time repayments

90 installments  •  74%

About Me

Hi lenders, my names are Daniel Kwemoi Andiema, I grew up from a humble background. my parents struggled in paying my fees from primary level all the way to university level. Due to lack of employment, I decided to venture into small business where I operate a grocery shop. I like reading novels and business articles during my free time.

My Business

I operate a grocery shop called Mali Mali and my major source of income is from family contributions and personal savings. I usually sell vegetables, fruits and grains to my customers at an affordable price which makes demand of my products very high. I decided to venture in this business for personal empowerment. My typical cost is ksh 20,000 ksh per month. I will use the profit to pay school fees for my children and the rest of the money for investment.

Loan Proposal

Hello lenders, I will use the loan fund to purchase fruits and vegetables for re-sale. Bananas will cost 30$, Water Melon will cost 20$, Oranges and Mangoes will cost 40$, vegetables e.g Cabbages and spinach will cost 20$. Purchases will boost stock and enable me to meet the demand of my customers. From the total sells, I expect a 35% profit increase.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$108.00

Date disbursed

Mar 3, 2018

Repayment status

On Time

Projected term

8 months

Lenders

Emma

Australia

Paul Buchheit

Mountain View, United States

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