Purchase of a solar-powered cooler for fruits & vegetables

Eunice

Mbita, Kenya

76% repaid

Entrepreneur

Name

Eunice

Member since

February 2015

On-time repayments

321 installments  •  26%

About Me

My name is Eunice Adhiambo Odero, 24 years old and the mother of three daughters (Lilian, age 7, Elliane, age 3, and Kathie, age 2) and one son (John, 8 months old).

I am married to Kennedy Onyango and we run a family retail and groceries shop called Eunix Shopping Mart. The shop supplements our family income as we are both unemployed, though involved in social entrepreneurship activities in and around the Mbita community. My husband runs two charitable schools (EDTEC Academy & Hope School) and the family shop serves as a reserve to support the recurrent expenditures of the school.

My Business

Eunix Shopping Mart sells a range of food and grocery-related food items. We stock the much-needed food supplies being used in the house, like sugar, flour, baking items, oils, tomatoes, onions, beans, rice, carrots, and other products.

The business is in its early stages, having operated for the last 5 months. I need capital to improve the stock and make good sales. This is a very strategic and promising business capable of generating more money to fund our needs as a family and continue to offer quality early childhood education through our family-run charitable schools (www.edteckenya.webs.com).

Loan Proposal

I am seeking a loan of KES 41,173 to enable me buy a solar - powered & charged cooler box and increase my fresh food stock for selling. I will use the loan of KES 41,173 as follows;
-Buy a solar - powered cooler box for food storage at a cost of KES 25,400
-25kgs of green vegetables (kales) at a cost of KES 3,773
-Buy 1 crate of tomatoes at a cost of KES 3,500
-Buy 1 crate of onions at a cost of KES 1,500
-Buy 1 crate of oranges at a cost of KES 3,000
-Buy 20Litres of Cooking Oil at a cost of KES 2,500
-Buy 25Kgs of packed rice at a cost of KES 1,500.
The new cooler box will enable me store my fresh on farm produce like; tomatoes, onions, mangoes, paw paw, fish among other fresh food products that are perishable and needs a cooler box to store them for long-term sales. Mbita being a hot area, it's very hard to sale perishable food items without a cooler box.

With a solar-powered cooler box, I will be able to store food items and sale at a very good and competitive pricing enabling me to get a projected profit of KES 4,000 per week from the current profit ration of KES 2,500. The increased profit will be used to repay the loan in good time as agreed upon.

Show original English  

About Me

I am Eunice Adhiambo Odero, aged 25 years old and the mother of three daughters; Lilian age 7, Elliane age 3, Kathie age 2 and one son; John 14 months old. I was born in an island of Mfangano in Lake Victoria, Kenya as the 4th born among 7 siblings though two died while still infants.

I went through my primary education in Mfangano island and since my parents did not have stable income, I did not continue with my education past primary level. I got married to Kennedy Onyango and we do run a family retail and groceries shop 'Eunix Shopping Mart'. The shop supplements our family income as we are both unemployed though involved in social entrepreneurship activities in and around Mbita community. My husband runs two charitable schools (EDTEC Academy & Hope School) and the family shop serves as a reserve to support the recurrent expenditures of the school.

My 1st born daughter would like to be a Banker, the 2mnd born is social and can serve as a politician, while the 3rd born is quite reserved and unfriendly, My last born is jovial. I have high hopes for my kids and sky is the limit for their aspirations and goals.

In my free time, I do sing in the Church as a choir member and visit the sick in hospitals.

My Business

I trade on essential on-farm and processed food commodities in high demand under the name of 'Eunix Shopping Mart'. I sell a range of processed food items like; sugar, bread, milk, wheat flour, maize flour, cooking oils, body lotions among others. I also stock on fresh farm produce like; beans, rice and grocery related food items. I do stock the much needed essential food products being used daily in the house like; sugar, flour, tomatoes, onions, beans, sourghum, cassava, carrots, green vegetables (kales & cabbages) among other green vegetables that are in high demand.

The business is in it's early stage having operated for the last 17 months. I seek a low interest rates loans as an expansion capital to improve the stock and make good sales. This is a very strategic and promising business capable to generate more money to fund our needs as a family and continue to offer quality early childhood education through our family run-charitable schools (www.edteckenya.webs.com).

Loan Proposal

I am seeking a loan of KES 41,173 to enable me buy a solar - powered & charged cooler box and increase my fresh food stock for selling. I will use the loan of KES 41,173 as follows;
-Buy a solar - powered cooler box for food storage at a cost of KES 25,400
-25kgs of green vegetables (kales) at a cost of KES 3,773
-Buy 1 crate of tomatoes at a cost of KES 3,500
-Buy 1 crate of onions at a cost of KES 1,500
-Buy 1 crate of oranges at a cost of KES 3,000
-Buy 20Litres of Cooking Oil at a cost of KES 2,500
-Buy 25Kgs of packed rice at a cost of KES 1,500.
The new cooler box will enable me store my fresh on farm produce like; tomatoes, onions, mangoes, paw paw, fish among other fresh food products that are perishable and needs a cooler box to store them for long-term sales. Mbita being a hot area, it's very hard to sale perishable food items without a cooler box.

With a solar-powered cooler box, I will be able to store food items and sale at a very good and competitive pricing enabling me to get a projected profit of KES 4,000 per week from the current profit ration of KES 2,500. The increased profit will be used to repay the loan in good time as agreed upon.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$427.00

Date disbursed

Jul 25, 2015

Repayment status

Late

Projected term

19 months

Lenders

R

rmacaw

Australia

WE

Wendy Emlyn

Devon, United Kingdom

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$338.87

Amount remaining

$107.32

Expected completion

Mar 12, 2017

Status

Repaying late

Installment amount

$5.15

Repayment History

Expected Payments Actual Payments
Aug 2, 2015 $12.37 Aug 4, 2015 $12.37
Aug 9, 2015 $12.37 Aug 4, 2015 $8.25
Aug 20, 2015 $4.12
Aug 16, 2015 $10.31 Aug 20, 2015 $10.31
Aug 23, 2015 $0.00
Aug 30, 2015 $0.00
Sep 6, 2015 $5.15 Sep 5, 2015 $5.15
Sep 13, 2015 $5.15 Sep 5, 2015 $5.15
Sep 20, 2015 $5.15 Sep 5, 2015 $0.52
Sep 16, 2015 $4.64
Sep 27, 2015 $5.15 Sep 16, 2015 $5.15
Oct 4, 2015 $5.15 Sep 16, 2015 $5.15
Oct 11, 2015 $5.15 Sep 16, 2015 $5.15
Oct 18, 2015 $5.15 Sep 16, 2015 $0.52
Oct 20, 2015 $4.64
Oct 25, 2015 $5.15 Oct 20, 2015 $5.15
Nov 1, 2015 $5.15 Oct 20, 2015 $2.58
Nov 5, 2015 $2.58
Nov 8, 2015 $5.15 Nov 5, 2015 $5.15
Nov 15, 2015 $5.15 Nov 5, 2015 $2.58
Nov 14, 2015 $2.58
Nov 22, 2015 $5.15 Nov 14, 2015 $5.15
Nov 29, 2015 $5.15 Nov 14, 2015 $5.15
Dec 6, 2015 $5.15 Nov 14, 2015 $0.52
Nov 15, 2015 $4.64
Dec 13, 2015 $5.15 Nov 15, 2015 $5.15
Dec 20, 2015 $5.15 Nov 15, 2015 $0.52
Nov 22, 2015 $4.64
Dec 27, 2015 $5.15 Nov 22, 2015 $5.15
Jan 3, 2016 $5.15 Nov 22, 2015 $5.15
Jan 10, 2016 $5.15 Nov 22, 2015 $5.15
Jan 17, 2016 $5.15 Nov 22, 2015 $5.15
Jan 24, 2016 $5.15 Nov 22, 2015 $5.15
Jan 31, 2016 $5.15 Nov 22, 2015 $5.15
Feb 7, 2016 $5.15 Nov 22, 2015 $5.15
Feb 14, 2016 $5.15 Nov 22, 2015 $5.15
Feb 21, 2016 $5.15 Nov 22, 2015 $5.15
Feb 28, 2016 $5.15 Nov 22, 2015 $5.15
Mar 6, 2016 $5.15 Nov 22, 2015 $5.15
Mar 13, 2016 $5.15 Nov 22, 2015 $5.15
Mar 20, 2016 $5.15 Nov 22, 2015 $4.64
Dec 13, 2015 $0.52
Mar 27, 2016 $5.15 Dec 13, 2015 $5.15
Apr 3, 2016 $5.15 Dec 13, 2015 $5.15
Apr 10, 2016 $5.15 Dec 13, 2015 $5.15
Apr 17, 2016 $5.15 Dec 13, 2015 $5.15
Apr 24, 2016 $5.15 Dec 13, 2015 $5.15
May 1, 2016 $5.15 Dec 13, 2015 $5.15
May 8, 2016 $5.15 Dec 13, 2015 $5.15
May 15, 2016 $5.15 Dec 13, 2015 $5.15
May 22, 2016 $5.15 Dec 13, 2015 $5.15
May 29, 2016 $5.15 Dec 17, 2015 $5.15
Jun 5, 2016 $5.15 Dec 17, 2015 $5.15
Jun 12, 2016 $5.15 Dec 17, 2015 $5.15
Jun 19, 2016 $5.15 Dec 17, 2015 $5.15
Jun 26, 2016 $5.15 Dec 17, 2015 $5.15
Jul 3, 2016 $5.15 Dec 17, 2015 $5.15
Jul 10, 2016 $5.15 Dec 17, 2015 $5.15
Jul 17, 2016 $5.15 Dec 17, 2015 $5.15
Jul 24, 2016 $5.15 Dec 20, 2015 $5.15
Jul 31, 2016 $5.15 Dec 20, 2015 $5.15
Aug 7, 2016 $5.15 Dec 20, 2015 $5.15
Aug 14, 2016 $5.15 Dec 20, 2015 $5.15
Aug 21, 2016 $5.15 Dec 20, 2015 $5.15
Aug 28, 2016 $5.15 Dec 20, 2015 $5.15
Sep 4, 2016 $5.15 Dec 20, 2015 $5.15
Sep 11, 2016 $5.15 Dec 20, 2015 $5.15
Sep 18, 2016 $5.15 Dec 20, 2015 $5.15
Sep 25, 2016 $5.15 Dec 20, 2015 $5.15
Oct 2, 2016 $5.15 Dec 20, 2015 $5.15
Oct 9, 2016 $5.15 Dec 20, 2015 $5.15
Oct 16, 2016 $5.15 Dec 20, 2015 $4.85
Oct 23, 2016 $5.15
Oct 30, 2016 $5.15
Nov 6, 2016 $5.15
Nov 13, 2016 $5.15
Nov 20, 2016 $5.15
Nov 27, 2016 $5.15
Dec 4, 2016 $5.15
Dec 11, 2016 $5.15
Dec 18, 2016 $5.15
Dec 25, 2016 $5.15
Jan 1, 2017 $5.15
Jan 8, 2017 $5.15
Jan 15, 2017 $5.15
Jan 22, 2017 $5.15
Jan 29, 2017 $5.15
Feb 5, 2017 $5.15
Feb 12, 2017 $5.15
Feb 19, 2017 $5.15
Feb 26, 2017 $5.15
Mar 5, 2017 $5.15
Mar 12, 2017 $3.92

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