Entrepreneur
Name
Michael
Member since
May 2017
On-time repayments
19 installments • 100%
About Me
I grew up as a first born among five other children. It was quite a struggle for my parents to see us through school since they were just peasants. I managed to finish my high school and started doing odd jobs to support my siblings like riding motorbikes, building and even farming for people.
I managed to start my small fruits business that i get from kisii market and sell in Rongo. This was possible through my little savings from my daily works.
I love to plant flowers in my free time and am planning to turn it into a business venture soon. I also have a small kitchen garden to supply my family with fresh vegetables. My siblings bright future depends on my small business and I vow not to let them down.
My Business
I sell fruits mainly in season. Its much easier than sticking to one type. I sell oranges, lemons, avocado, mangoes, pears and so many others.
Most people love fruits and its rare to go home empty handed especially on market days which is on wednesdays.
Typically the cost of stock is 15000 Kshs
Transport is 2000Kshs
Miscellenious 2000Kshs
Profits. 4000-6000 per month
The profits i get i use to pay my siblings school fees, uniforms and books. I am also planning to save and go back to school and study bachelors in business management.
Loan Proposal
I intend to buy at least two extra sacks of oranges. This will cost me around 30 USD Oranges are now out of season and are becoming more expensive. Am still looking out for the next fruit in season. I will then use the extra 7 USD for transportation.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$39.00
Date disbursed
Aug 9, 2017
Repayment status
On Time
Projected term
8 weeks
Other loans
Lenders
United States
United States
Finland
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Anonymous Aug 2, 2017
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