Loan proposal for blending machine and a trolley
Samuel
Thika, Kenya
100% repaid
Entrepreneur
Name
Samuel
Member since
March 2014
On-time repayments
21 installments • 67%
About Me
I was born in 1989 in gatundu district in kenya. I grew under the care of my mother mrs. kiarie. On attaining the age of four years, i enrolled in nursery school after which i joined primary school. After a successful period of learnig, i completed class eight of which i passed with 319 marks out of 500 marks. i joined kairi secondary school of which on completion, i managed to score a mean grade of B(plain). i joined a youth social group in which we used to voluntariry assist the community in various activities. One year later, i was lucky to join a college where i trained in accounting course i.e. CPA. After this, i was lucky to secure a job with benjo(k)limited in thika town. am a hardworking man, innovative, creative and self-driven. Am commited to see that my dreams and visions shall come to be a reality one day.
My Business
As i work with benjo(K)limited, i have been able to come up with a part time business, in which i deal with the sale of different kinds of fruits such as water mellons,bananas,orages, mangoes, apples,pineaples and some others. i identified a good place near the thika town matatus main stage. i usually wake up early in the morning, to go and collect my stock in makongeni market(one of the largest markets in central kenya region) on your way to garrissa, where they sell to me at a lower price. After i come with them i sell at a little higher price of which i normally make a profit of between 800 shillings and 1400 shillings in a day. I normally collects two bags in a day and sell all of them. i have evaluated and seen that if i can be able to increase my stock to atleast seven bags, i can be able to make a profit of above 4000 shilling in a day of which i can be able to employ myself on full time basis. If i get a financial assistance, am sure my life can be transformed as i transform the lives of others.
Loan Proposal
I am much honored to post my loan
application on this platform of Zidisha,
as I had stated earlier on, my business
involves selling of import fruits
and local produced fruits. The loan which
am willing to acquire from
zidisha will really help me to achieve my
dreams.
I am intending to use this loan as I have
budgeted here below;
1. I will purchase blending machine
which will at least cost 10% of the
loan I will get, the reason I want to
purchase this is because I want to be
blending juice other than selling fruits
alone.
2. 30% of this loan I will acquire a
license permit from local
authorities and also from the health
ministry as its compulsory requirement
in my county when one sells
consumables.
3. I will also purchase a trolley to be
used for distribution of juice
together with fruits to customers in
their respective work places in town
because of recent high demand. I
estimate this expense to be like 20 %.
4. The remaining loan I will increase my
stock especially melon as they
stay for a longer period of time before
they perish and also another good
reason I need more of them its because
their season is almost over and I
will be a major monopoly in the market
hence I will increase their selling
price.
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jun 24, 2014
Repayment status
On Time
Projected term
7 weeks
Other loans
Lenders
Republic of Korea
Ask Samuel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...