Setting up a fresh vegetables shop at kasarani
Jennifer
Village, Kenya
100% repaid
Entrepreneur
Name
Jennifer
Member since
February 2014
On-time repayments
92 installments • 79%
About Me
Am a 30 year old single parent of one awesome boy. My home area is Farmers youth, approximately 7kms from Bomet town in Bomet County. Am a second born in a family of two. My parents are open minded individuals who have always emphasized the importance of independence in my brother and me. This support has seen me start and run a number of successful businesses. Currently i run a green grocery at Bomet town. I recently got an opportunity to open an outlet at Kasarani in Nairobi area. This is where i intend to invest the loan i hope to get from you. I have been saving the proceeds from my Bomet branch. These savings will boost the loan il get from you. I went to Kipsigis girls secondary school before joining Moi university from i where i currently pursue a Diploma in pharmacy.
My Business
I currently run a number of green grocery business outlets in Nakuru and Bomet. i basically deal with all types of vegetables, milk and pastries. My interests to enter this business was influenced by the fact that the food industry attracts a steady demand that is ever rising. The fact that a big percentage of the people in towns belong in the middle class means that the demand for common foodstuffs like vegetables, milk, snacks and bread will always arise. this is because this class cannot afford to eat in restaurants always. Competition is rife in this sector and am alive t the fact that i need to be diligent in order to win the customer loyalty. consequently, my business has strived to meet the needs of customers. For instance, i have made a deliberate move to know the different needs of my customers and what foodstuffs they will require on the different days of the week. I dont only cut their vegetables but i have employed people to call and take the orders of my everyday clients. i also deliver the foodstuff to the customer door steps. This has allowed me to earn the trust and loyalty of my customers. I also ensure that i stock only the fresh produce in my outlets at all times at competitive market prices.This has seen me keep the competition at bay. The risks and challenges that i face are usually unreliable supplies and the ever rising license fees. I intend to use this loan to open atleast two outlets in Nairobi, Kasarani and Kahawa area. I will repay the loan from the proceeds from my other outlets in Nakuru and Bomet.
Loan Proposal
This loan will go towards renting a shopping space for the first month. The monthly rent is $90. i have already saved enough to buy my first stock. My savings amounts to $230. If it was possible, i would have comfortably taken and serviced a loan of $150. All the same, $100 will go along way in giving me my third fresh produce shop in total and the first in Nairobi. This venture will eventually employ one deserving Kenyan in the next 2 months which is a good thing because there are many unemployed people around. Thanks for your help in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 20, 2014
Repayment status
On Time
Projected term
21 months
Lenders
United States
Summary
Amount repaid
$109.41
Amount remaining
$0.00
Date repaid
Dec 26, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 31, 2014 | $1.18 | Mar 31, 2014 | $1.18 |
| Apr 7, 2014 | $1.18 | Mar 31, 2014 | $1.18 |
| Apr 14, 2014 | $1.18 | Mar 31, 2014 | $1.18 |
| Apr 21, 2014 | $1.18 | Apr 17, 2014 | $1.18 |
| Apr 28, 2014 | $1.18 | Apr 17, 2014 | $1.18 |
| May 5, 2014 | $1.18 | Apr 17, 2014 | $1.18 |
| May 12, 2014 | $1.18 | May 11, 2014 | $1.18 |
| May 19, 2014 | $1.18 | May 11, 2014 | $1.18 |
| May 26, 2014 | $1.18 | Jun 14, 2014 | $1.18 |
| Jun 2, 2014 | $1.18 | Jun 14, 2014 | $1.18 |
| Jun 9, 2014 | $1.18 | Jun 14, 2014 | $1.18 |
| Jun 16, 2014 | $1.18 | Jun 14, 2014 | $1.18 |
| Jun 23, 2014 | $1.18 | Jul 13, 2014 | $1.18 |
| Jun 30, 2014 | $1.18 | Jul 13, 2014 | $1.18 |
| Jul 7, 2014 | $1.18 | Jul 13, 2014 | $1.18 |
| Jul 14, 2014 | $1.18 | Jul 13, 2014 | $1.18 |
| Jul 21, 2014 | $1.18 | Jul 13, 2014 | $1.18 |
| Jul 28, 2014 | $1.18 | Jul 13, 2014 | $1.18 |
| Aug 4, 2014 | $1.18 | Aug 5, 2014 | $1.18 |
| Aug 11, 2014 | $1.18 | Aug 5, 2014 | $1.18 |
| Aug 18, 2014 | $1.18 | Aug 5, 2014 | $1.18 |
| Aug 25, 2014 | $1.18 | Aug 22, 2014 | $1.18 |
| Sep 1, 2014 | $1.18 | Aug 22, 2014 | $1.18 |
| Sep 8, 2014 | $1.18 | Aug 22, 2014 | $1.18 |
| Sep 15, 2014 | $1.18 | Sep 21, 2014 | $1.18 |
| Sep 22, 2014 | $1.18 | Sep 21, 2014 | $1.18 |
| Sep 29, 2014 | $1.18 | Sep 21, 2014 | $1.18 |
| Oct 6, 2014 | $1.18 | Oct 17, 2014 | $1.18 |
| Oct 13, 2014 | $1.18 | Oct 17, 2014 | $1.18 |
| Oct 20, 2014 | $1.18 | Oct 17, 2014 | $0.59 |
| Nov 8, 2014 | $0.59 | ||
| Oct 27, 2014 | $1.18 | Nov 8, 2014 | $1.18 |
| Nov 2, 2014 | $1.18 | Nov 8, 2014 | $1.18 |
| Nov 9, 2014 | $1.18 | Nov 8, 2014 | $1.18 |
| Nov 16, 2014 | $1.18 | Dec 8, 2014 | $1.18 |
| Nov 23, 2014 | $1.18 | Dec 8, 2014 | $1.18 |
| Nov 30, 2014 | $1.18 | Dec 8, 2014 | $1.18 |
| Dec 7, 2014 | $1.18 | Dec 8, 2014 | $1.18 |
| Dec 14, 2014 | $1.18 | Dec 8, 2014 | $1.18 |
| Dec 21, 2014 | $1.18 | Dec 8, 2014 | $1.18 |
| Dec 28, 2014 | $1.18 | Dec 8, 2014 | $1.18 |
| Jan 4, 2015 | $1.18 | Dec 8, 2014 | $1.18 |
| Jan 11, 2015 | $1.18 | Dec 8, 2014 | $1.18 |
| Jan 18, 2015 | $1.18 | Jan 31, 2015 | $1.18 |
| Jan 25, 2015 | $1.18 | Jan 31, 2015 | $1.18 |
| Feb 1, 2015 | $1.18 | Jan 31, 2015 | $1.18 |
| Feb 8, 2015 | $1.18 | Jan 31, 2015 | $1.18 |
| Feb 15, 2015 | $1.18 | Mar 18, 2015 | $1.18 |
| Feb 22, 2015 | $1.18 | Mar 18, 2015 | $1.18 |
| Mar 1, 2015 | $1.18 | Mar 18, 2015 | $1.18 |
| Mar 9, 2015 | $1.18 | Mar 18, 2015 | $1.18 |
| Mar 16, 2015 | $1.18 | Mar 18, 2015 | $1.18 |
| Mar 23, 2015 | $1.18 | Mar 18, 2015 | $1.18 |
| Mar 30, 2015 | $1.18 | Mar 18, 2015 | $1.18 |
| Apr 6, 2015 | $1.18 | Mar 18, 2015 | $1.18 |
| Apr 13, 2015 | $1.18 | May 4, 2015 | $1.18 |
| Apr 20, 2015 | $1.18 | May 4, 2015 | $1.18 |
| Apr 27, 2015 | $1.18 | May 4, 2015 | $1.18 |
| May 4, 2015 | $1.18 | May 4, 2015 | $1.18 |
| May 11, 2015 | $1.18 | May 4, 2015 | $1.18 |
| May 18, 2015 | $1.18 | Jun 24, 2015 | $1.18 |
| May 25, 2015 | $1.18 | Jun 24, 2015 | $1.18 |
| Jun 1, 2015 | $1.18 | Jun 24, 2015 | $1.18 |
| Jun 8, 2015 | $1.18 | Jun 24, 2015 | $1.18 |
| Jun 15, 2015 | $1.18 | Jun 24, 2015 | $1.18 |
| Jun 22, 2015 | $1.18 | Jun 24, 2015 | $1.18 |
| Jun 29, 2015 | $1.18 | Jun 24, 2015 | $1.18 |
| Jul 6, 2015 | $1.18 | Jun 24, 2015 | $1.18 |
| Jul 13, 2015 | $1.18 | Jun 24, 2015 | $1.18 |
| Jul 20, 2015 | $1.18 | Jun 24, 2015 | $1.18 |
| Jul 27, 2015 | $1.18 | Jun 24, 2015 | $1.18 |
| Aug 3, 2015 | $1.18 | Aug 1, 2015 | $1.18 |
| Aug 10, 2015 | $1.18 | Aug 1, 2015 | $1.18 |
| Aug 17, 2015 | $1.18 | Aug 15, 2015 | $1.18 |
| Aug 24, 2015 | $1.18 | Aug 15, 2015 | $1.18 |
| Aug 31, 2015 | $1.18 | Aug 20, 2015 | $1.18 |
| Sep 7, 2015 | $1.18 | Aug 20, 2015 | $1.18 |
| Sep 14, 2015 | $1.18 | Aug 20, 2015 | $1.18 |
| Sep 21, 2015 | $1.18 | Aug 20, 2015 | $1.18 |
| Sep 28, 2015 | $1.18 | Aug 20, 2015 | $1.18 |
| Oct 5, 2015 | $1.18 | Aug 20, 2015 | $1.18 |
| Oct 12, 2015 | $1.18 | Aug 20, 2015 | $1.18 |
| Oct 19, 2015 | $1.18 | Aug 20, 2015 | $1.18 |
| Oct 26, 2015 | $1.18 | Aug 20, 2015 | $1.18 |
| Nov 1, 2015 | $1.18 | Aug 20, 2015 | $1.18 |
| Nov 8, 2015 | $1.18 | Nov 30, 2015 | $1.18 |
| Nov 15, 2015 | $1.18 | Nov 30, 2015 | $1.18 |
| Nov 22, 2015 | $1.18 | Nov 30, 2015 | $1.18 |
| Nov 29, 2015 | $1.18 | Nov 30, 2015 | $1.18 |
| Dec 6, 2015 | $1.18 | Nov 30, 2015 | $1.18 |
| Dec 13, 2015 | $1.18 | Nov 30, 2015 | $1.18 |
| Dec 20, 2015 | $1.18 | Nov 30, 2015 | $1.18 |
| Dec 27, 2015 | $1.18 | Dec 26, 2015 | $1.18 |
| Jan 3, 2016 | $1.18 | Dec 26, 2015 | $1.18 |
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