Loan to expand my food kiosk

Vincent

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Vincent

Member since

November 2016

On-time repayments

65 installments  •  72%

About Me

Dear lenders, my name is Vincent Semo. am aged 21. I was born in a remote village in kakamega county in Kenya. I schooled in local amprimary and secondary schools. through sheer hardworking I made it to university where am currently pursuing degree in actuarial science. since my university is highly populated I used to miss food in the school canteen due to commotion which made me think of starting my own food store to supplement what the canteen offered and also help out my colleagues. during my part times I like skating sio much.

My Business

I offer snacks and beverages in my canteen. my supplies are so useful since students have a shirt period breaks in between lectures hence they can't get time to cook or look for food from fa distances therefore I come in very handy. I chose this kind of business due to the high demand for snacks and light foods by my colleagues and the frustration they used to go through to satisfy this need. my typical costs are about 400 US dollars per month. I use the profits obtained to pay my shopkeeper, rent, buy stock and I also save a some for my future.

Loan Proposal

if i successful raise the funds i will us all the moneys raised to add stock to my food canteen to include fresh fruit juice. i intend to buy a blender to use in blending fresh fruits from the farm as at right now there are plenty fresh fruits in the market which i can add value to by blending and make profits.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

May 6, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Franmiguel

Perth, Australia

Ask Vincent a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Mwongeli    Jun 7, 2019

    Vincent got some personal problems but has assured to clear the loan soon

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  • Mwongeli    Mar 30, 2019

    Vincent promises to clear the loan soon

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  • Mwongeli    Jan 22, 2019

    Vincent's phone number has been off most of the Tim. Trying to reach him through reference contact s will post updates once I talk to him

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  • Mwongeli    Dec 2, 2018

    Vincent promises to start repayment next week

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  • J    Aug 5, 2018

    Dear Vincent,

    During your next loan request, please post a photo of yourself at the top of your profile. (This is a Zidisha requirement).The photo needs to clearly show your entire face, preferably smiling, and preferably taken at the location of the project for which you are requesting a loan.

    The photo currently in that top spot, you can move to a lower spot on your Discussion page, along with a comment about it for your lenders.

    Kind regards,
    Joost
    Team Zidisha

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  • Vincent    Aug 4, 2018

    I used the previous loan to purchase a blender for fresh juice production. It has really expanded my business as I am able to make mamum profits out of the fruits I sell

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  • Vincent    Apr 21, 2018

    Hallo lenders, sorry for the late update. I had forgotten my Zidisha password.
    With the money's I raised I managed to put purchase disposable cups for packaging fresh fruit juice. Thank very much lenders

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  • Vincent    Nov 11, 2017

    dear lenders. i received the loan disbursed to me. with the loan amount i will purchase disposable plastic cups for my fresh fruit juice business

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  • Kirwa    Nov 2, 2017

    Semo promises to keep up with his deposits

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  • Vincent    Oct 9, 2017

    thank you lenders for funding my loan. with this loan i will buy disposable cups for packaging my fresh fruit jiuce. thank you very much

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  • Vincent    Oct 4, 2017

    dear lenders, i thank you so much for funding my business. i can now comfortably say hat my business is growing steadily thanks to the funds i raised n this platform. i now offer fresh fruit juice in my canteen.

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  • Gladys    Sep 12, 2017

    Semo has promised to pay today

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  • Vincent    Aug 1, 2017

    Dear lenders, my loan application is fully funded thanks to you. I want to sincerely thank you for being part of my business. with these sums, I will purchase a fresh juice blender. this will help me minimise spoilage of fruits at my food kiosk and also increase profits by adding value to fruits instead of selling whole fruits. Thank you very much once more.

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  • Vincent    Jul 31, 2017

    dear lenders, with the funds that i raised on my past application i managed to increase stock of my business. as at now, my business is realizing more swelling number of customers.

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  • Gladys    Jun 8, 2017

    dear lenders.. I talked to vincent and he pledged to make payments today

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  • Vincent    Apr 28, 2017

    Thank you my lender for funding my business... with this money i will purchase a blender to blend fresh juince for my canteen. thank you

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  • Vincent    Nov 17, 2016

    Hallo lender, I have received the money loaned to me. I surely thank you very much. with this sum I will move with speed and rent a bigger space for my food kiosk.

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  • Vincent    Nov 17, 2016

    Dear lender. I sincerely thank you for undertaking to fund my business. with this loan I will rent a bigger space for my kiosk

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