Name
Eric
Member since
November 2014
On-time repayments
61 installments • 34%
Am 25 yrs old,Grew up at Mwea, went to Ngurubani primary school and attended Thiba secondary, an year later i joined Utalii College where I got a certificate in Food and Beverage sales and service. Was lucky to get a job at Samburu Intrepids for 6 months under a contract. since then have got few jobs in Nairobi until i thought of keeping myself busy during my off days, growing and selling plant seedlings which i sell to some of the restaurants.
I grow plant seedling and flowers, which goes for as little as ksh 80 per seedling depending on the size and plant type. I get orders from companies to supply tree seedlings which intern give good results. Am hoping to expand with time to grow big.
The business is ideal because its enviromental friendly. The demand gets high most of the time when there is a construction for land scaping and also when people wants tree seedling as their fence. I use the money i get for my rent and for my equipments.
Since my last loan i have grown a bit more so financially thus more resonsibilities and that is why i need to expand more.
With the increase in clientele and demand for my services, the above applied loan will be used to expand my business and create a network that will help me reach to and out to my customers and boost my sales and customer relations which is the key to success in any business venture. Incase of any surplus it will be used to acquire shovels and packaging materials for the flowers and also acquire more organic manure. I intend to go green, buy purchasing some flower vessels which are permanent instead of the plastic packaging bags and also have a plan of acquiring another piece of land,that is renting. The land will cost me about ksh 1,500 per month.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 18, 2015
Repayment status
On Time
Projected term
8 weeks
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