Please zidisha lenders, assist me to buy another fridge
Patrick
Joyland Village, Kenya
100% repaid
Entrepreneur
Name
Patrick
Member since
June 2014
On-time repayments
214 installments • 24%
About Me
I’m Patrick Kirimi, 21 years old, and I am an enthusiastic businessman with a prospective future. Self motivated when I succeed, persuasive, convincing, nice treatment, fluidness conversational, proactive, and excellent with open public relationship, expert in computational experience skills. I am hard working and very determined. I enjoy keeping myself busy and put extra effort in my tasks. I enjoy working with other and able to work unsupervised. I have excellent communication skills and telephone techniques. I am reliable, I strive to always keep a positive attitude and have the ability to learn quickly.
As my basic functions I consider to be productive and tough I grew up in Meru County living a typical life; however, I’m now in Joyland village, Juja location in Kiambu County. I stay in Juja away from my family because I can make more money here. Presently I own a supermarket shop that earns me averagely 700$ monthly as net profit , but my dream is to grow my business into a large enterprise and also diversify to other products.
My Business
My solely owned business located in Muchatha, Juja. Uliza supermarket is primarily a small supermarket that sells everything from groceries, ready made foods to Tobacco products and other household items and also offer money transfer through M-PESA. I established Uliza supermarket in 2010 in a 1500 square feet shop. In 2011, I bought out our neighbor’s variety store. I merged the two shops together and made it into a supermarket. Today the shop’s size is 3000 square feet. In 2012, I made a profitable decision to make a take-out section within the store. My take-out section sells sausages, kebabs, and samosas. My customers have repeatedly requested that I should start selling fresh milk products in my store since I already sell all types of food items. My average earnings from my business can be estimated at 700$ per month.
Loan Proposal
After being granted the 150$ loan I added another 200$ from my savings and bought a fridge worth 350$ for fresh milk. This has helped me to reduce the amount of money I used for transport. However, I need another loan to buy another fridge since my business is growing at a very high rate. The fridge that I bought from the previous loan is small and I need to buy a larger fridge. My biggest challenge is enough capital to buy a bigger fridge in order to increase my sales. If granted the loan I will add another 400$ from my savings and buy me a fridge worth approximately 700$ for fresh milk. This investment will earn me an extra 200$ per month; because, with a fridge I’ll be able to buy larger quantities of milk and keep it longer thus reducing losses due to the milk fermenting. That means my sale will increase approximately 200$ per month. The expected benefit is likely to increase my milk sales especially since there is no competition where my business is located; hence, this will see me making almost double the profit that I am currently receiving. The returns will then help expand my business by increasing inventory so as to achieve customer retention. I have a vision for my business and having this loan will assist me work towards the future of my business.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$293.00
Date disbursed
Jan 1, 2015
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
Vermilllion, United States
United States
Germany
Summary
Amount repaid
$307.96
Amount remaining
$0.00
Date repaid
Jul 19, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 11, 2015 | $10.26 | Jan 11, 2015 | $10.26 |
| Jan 18, 2015 | $10.26 | Jan 11, 2015 | $0.98 |
| Jan 19, 2015 | $9.28 | ||
| Jan 25, 2015 | $10.26 | Jan 19, 2015 | $1.96 |
| Jan 25, 2015 | $8.30 | ||
| Feb 1, 2015 | $10.26 | Jan 25, 2015 | $2.93 |
| Feb 1, 2015 | $7.33 | ||
| Feb 8, 2015 | $10.26 | Feb 1, 2015 | $3.91 |
| Feb 8, 2015 | $6.35 | ||
| Feb 15, 2015 | $10.26 | Feb 8, 2015 | $4.89 |
| Feb 15, 2015 | $5.37 | ||
| Feb 22, 2015 | $10.26 | Feb 15, 2015 | $5.87 |
| Feb 22, 2015 | $1.12 | ||
| Feb 22, 2015 | $3.27 | ||
| Mar 1, 2015 | $10.26 | Feb 22, 2015 | $5.72 |
| Mar 1, 2015 | $4.54 | ||
| Mar 8, 2015 | $10.26 | Mar 1, 2015 | $5.57 |
| Mar 9, 2015 | $4.69 | ||
| Mar 15, 2015 | $10.26 | Mar 9, 2015 | $5.43 |
| Mar 16, 2015 | $4.83 | ||
| Mar 22, 2015 | $10.26 | Mar 16, 2015 | $6.40 |
| Mar 26, 2015 | $3.85 | ||
| Mar 29, 2015 | $10.26 | Mar 26, 2015 | $7.38 |
| Mar 30, 2015 | $2.88 | ||
| Apr 5, 2015 | $10.26 | Mar 30, 2015 | $8.36 |
| Apr 9, 2015 | $1.90 | ||
| Apr 12, 2015 | $10.26 | Apr 9, 2015 | $8.21 |
| Apr 14, 2015 | $2.04 | ||
| Apr 19, 2015 | $10.26 | Apr 14, 2015 | $9.19 |
| Apr 27, 2015 | $1.07 | ||
| Apr 26, 2015 | $10.26 | Apr 27, 2015 | $10.26 |
| May 3, 2015 | $10.26 | Apr 27, 2015 | $1.03 |
| May 6, 2015 | $9.22 | ||
| May 10, 2015 | $10.26 | May 6, 2015 | $0.89 |
| May 12, 2015 | $9.37 | ||
| May 17, 2015 | $10.26 | May 12, 2015 | $1.87 |
| May 18, 2015 | $8.39 | ||
| May 24, 2015 | $10.26 | May 18, 2015 | $1.72 |
| May 26, 2015 | $8.54 | ||
| May 31, 2015 | $10.26 | May 26, 2015 | $2.70 |
| Jun 1, 2015 | $7.56 | ||
| Jun 7, 2015 | $10.26 | Jun 1, 2015 | $2.55 |
| Jun 8, 2015 | $7.71 | ||
| Jun 14, 2015 | $10.26 | Jun 8, 2015 | $3.53 |
| Jun 14, 2015 | $6.73 | ||
| Jun 21, 2015 | $10.26 | Jun 14, 2015 | $3.38 |
| Jun 21, 2015 | $6.88 | ||
| Jun 28, 2015 | $10.26 | Jun 21, 2015 | $3.24 |
| Jun 28, 2015 | $7.02 | ||
| Jul 5, 2015 | $10.26 | Jun 28, 2015 | $3.24 |
| Jul 6, 2015 | $7.02 | ||
| Jul 12, 2015 | $10.26 | Jul 6, 2015 | $3.09 |
| Jul 16, 2015 | $7.17 | ||
| Jul 19, 2015 | $10.26 | Jul 16, 2015 | $1.82 |
| Jul 19, 2015 | $8.44 | ||
| Jul 26, 2015 | $10.26 | Jul 19, 2015 | $10.26 |
| Aug 2, 2015 | $10.46 | Jul 19, 2015 | $10.46 |
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