Loan to increase fresh green vegetables stock for sale

Millicent

Mbita Township, Kenya

84% repaid

Entrepreneur

Name

Millicent

Member since

April 2015

On-time repayments

74 installments  •  82%

About Me

I am married with four kids, three boys and a girl. I dropped out of my secondary school education while in my first term (Form Two) due to lack of school fees. This was back in 2004. I decided to look for casual labours around my village where I managed to be employed by one lady who was involved in fruits selling.

Having worked and saved some little cash to start with, I decided to start a small business of selling vegetables at our Mbita down town market up to date and my family depends on this business since my husband is unemployed and only does casual labour without stable income.

My Business

I sell vegetables in Mbita down town market and this does well especially during market day and it is always on Thursday. My business is not big is a small one of about $200. I sell tomatoes, sukuma-wiki (kales),, potatoes, carrots, onions, peppers and cabbages. The loan that am applying will enable me to add more vegetables of different varieties and also add fruit business because I see they hard of my customers have asked me several times. This is what am planning to do with the loan as I look forward to growing and expanding in terms of business.

Loan Proposal

I am seeking a loan of KES 24,044 to enable me buy the following food items;
- 30Kgs of onions@ KES 6,000
-80Kgs of Irish Potatoes@KES 7,000
-50Kgs of Cabages@KES 3,000
-40Kgs of tomatoes@KES 3,000
-40Kgs of Kales @ KES 5,000

The food items purchase with the loan will give me a weekly profit of KES 5,000 x 4 = KES 20,000 per month. This is a profit increase of 50%. The loan from ZIDISHA will enable me to expand the business and repay the loan on time while meeting my family financial needs.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$240.00

Date disbursed

Dec 3, 2015

Repayment status

Late

Projected term

11 months

Lenders

Kylie

Mount Martha, Australia

davelowe100

Perryville, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

J

jaytodd

New Orleans, United States

dlpringle

Denver, United States

T

TrademarkMan

United States

T

Tony1

Australia

Dave Bogard

New York, United States

MW

Matt Willis

United States

A

avangalen

Netherlands

Diego

Monza, Italy

MC

United States

L

LK

United States

metab

Estados Unidos, Hong Kong

N

Nancy

United States

MS

Marcus Siegel

San Francisco, United States

Ask Millicent 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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Summary

Amount repaid

$211.00

Amount remaining

$41.27

Expected completion

Nov 13, 2016

Status

Repaying late

Installment amount

$5.00

Repayment History

Expected Payments Actual Payments
Dec 13, 2015 $13.00 Dec 13, 2015 $13.00
Dec 20, 2015 $5.00 Dec 20, 2015 $5.00
Dec 27, 2015 $5.00 Dec 20, 2015 $5.00
Jan 3, 2016 $5.00 Dec 20, 2015 $4.00
Dec 28, 2015 $1.00
Jan 10, 2016 $5.00 Dec 28, 2015 $5.00
Jan 17, 2016 $5.00 Dec 28, 2015 $5.00
Jan 24, 2016 $5.00 Dec 28, 2015 $4.00
Jan 4, 2016 $1.00
Jan 31, 2016 $5.00 Jan 4, 2016 $5.00
Feb 7, 2016 $5.00 Jan 4, 2016 $5.00
Feb 14, 2016 $5.00 Jan 4, 2016 $1.00
Jan 16, 2016 $4.00
Feb 21, 2016 $5.00 Jan 16, 2016 $5.00
Feb 28, 2016 $5.00 Jan 16, 2016 $5.00
Mar 6, 2016 $5.00 Jan 16, 2016 $1.00
Jan 30, 2016 $4.00
Mar 13, 2016 $5.00 Jan 30, 2016 $5.00
Mar 20, 2016 $5.00 Jan 30, 2016 $3.00
Feb 7, 2016 $2.00
Mar 27, 2016 $5.00 Feb 7, 2016 $5.00
Apr 3, 2016 $5.00 Feb 7, 2016 $5.00
Apr 10, 2016 $5.00 Feb 7, 2016 $5.00
Apr 17, 2016 $5.00 Feb 7, 2016 $3.00
Feb 22, 2016 $2.00
Apr 24, 2016 $5.00 Feb 22, 2016 $5.00
May 1, 2016 $5.00 Feb 22, 2016 $5.00
May 8, 2016 $5.00 Feb 22, 2016 $5.00
May 15, 2016 $5.00 Feb 22, 2016 $3.00
Mar 6, 2016 $2.00
May 22, 2016 $5.00 Mar 6, 2016 $5.00
May 29, 2016 $5.00 Mar 6, 2016 $5.00
Jun 5, 2016 $5.00 Mar 6, 2016 $5.00
Jun 12, 2016 $5.00 Mar 6, 2016 $3.00
Apr 19, 2016 $2.00
Jun 19, 2016 $5.00 Apr 19, 2016 $5.00
Jun 26, 2016 $5.00 Apr 19, 2016 $5.00
Jul 3, 2016 $5.00 Apr 19, 2016 $5.00
Jul 10, 2016 $5.00 Apr 19, 2016 $5.00
Jul 17, 2016 $5.00 Apr 19, 2016 $5.00
Jul 24, 2016 $5.00 Apr 19, 2016 $3.00
May 19, 2016 $2.00
Jul 31, 2016 $5.00 May 19, 2016 $5.00
Aug 7, 2016 $5.00 May 19, 2016 $5.00
Aug 14, 2016 $5.00 May 19, 2016 $5.00
Aug 21, 2016 $5.00 May 19, 2016 $5.00
Aug 28, 2016 $5.00 May 19, 2016 $5.00
Sep 4, 2016 $5.00 May 19, 2016 $5.00
Sep 11, 2016 $5.00 May 19, 2016 $5.00
Sep 18, 2016 $5.00 May 19, 2016 $3.00
Sep 25, 2016 $5.00
Oct 2, 2016 $5.00
Oct 9, 2016 $5.00
Oct 16, 2016 $5.00
Oct 23, 2016 $5.00
Oct 30, 2016 $5.00
Nov 6, 2016 $5.00
Nov 13, 2016 $4.27

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