Entrepreneur
Name
Simon
Member since
February 2013
On-time repayments
11 installments • 0%
About Me
My name is Simon Mwangi Kimani. Embakasi is my place of residence. This is a highly populated region urban village , 15 KM away from Nairobi city, the Kenyan capital . I am a husband of one and a father of two schooling kids. I decided to start a food-oriented business to feed to try and compete with other businessmen and women through sale of vegetables and fruits in a local Kiosk in the region. There are no shambas to till here and therefore I saw it wise to be bringing food for sale to the residents.
My Business
The main suppliers of my fruits are wholesalers in Marikiti, one of the major markets in Nairobi region. Those who supply me with vegetables are owners of the big gest fruit malls in Nairobi town. Apart from natural challenges like bad weather, droughts in the productive areas where we get our supplies usually do affect the business serious. Fruits are highly perishable and thus require to reach the market as soon as they are harvested. Therefore storage and preservation is very essential. This prompted me to have a fridge in my business and this would require some more finance. This will be my first priority with the loan that I will get Zidisha micro-finance.
Loan Proposal
I am glad for such a golden opportunity from Zidisha organization. The loan tha I will get I will use it to do the following. I wish to buy a fruit blender. This will enable me to make juices from the fruits that I sell. This is a good way of improving the business and the juice has a very high demand.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Mar 20, 2013
Repayment status
Late
Projected term
12 months
Lenders
Southampton, United Kingdom
Reston, United States
Boston, United States
Tübingen, Germany
Osaka, Japan
wien, Austria
London, United Kingdom
New Zealand
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