Soft drinks wholesale and mpesa business

Frank

Kisii, Kenya

29% repaid

Entrepreneur

Name

Frank

Member since

April 2014

On-time repayments

290 installments  •  48%

About Me

I am Frank Zablon i come fromm a family of 5 i am the 1st born in my family .I live in kisii town near kisii Bottlers,I am a teacher and also a business man in my free times.I took my education at sameta High School and latter perused my university education at Kisii University for bachelor of education Arts .I started my business of M pesa which helps me to support my self and also my family.I started this business with a capital of 50,000 and makes a profit of 8,000 per month.I love football and also hockey.

My Business

I have a self employed business of M pesa and small shop at Kisii town just within the kisii Bus stage,i started it with a capital of 50,000 and makes me a profit of 10000per Month.I started this business to help me bpay the house bills and also support me pay my school fees while i was in school.I request to be given a loan to increase my Float in my Mpesa and also add some stocks besides the Mpesa .Theres a great demand in my business because its just around the stage and its strategically positioned,Its profitable because no much risks are involved .

Loan Proposal

I'm applying for a loan of kes 38516 around 385 us dollars... with this amount of money I intend to add 20000 from my savings so as I'll have around fifty thousand shillings with me.. out of this I'll make an order of mineral water from a nearby distillery which goes for 260 per carton.. I'll order one hundred of then at a total cost of 26000 roughly us dollars 260..with time I'll increase this stock after observing the market trend.. with the remaining amount I'll order for afia drinks.. which goes for 600 ksh a carton.. which translates to 42 cartons or 2520p ksh.. my target market will be the hawkers around the kisii town main stage. Who will buy in bulk and sell later to the travellers.. the projected sales per day will be around fortyfive cartons with a net profit of around four hundred and fifty shillings or 45 us dollars.. this will further supplement my income from mpesa services...

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$388.00

Date disbursed

Aug 5, 2016

Repayment status

Late

Projected term

41 months

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$118.27

Amount remaining

$289.13

Expected completion

Dec 29, 2019

Status

Repaying late

Installment amount

$2.02

Repayment History

Expected Payments Actual Payments
Aug 14, 2016 $6.05 Aug 14, 2016 $6.05
Aug 21, 2016 $6.05 Aug 21, 2016 $6.05
Aug 28, 2016 $6.05 Aug 28, 2016 $6.05
Sep 4, 2016 $6.05 Sep 4, 2016 $6.05
Sep 11, 2016 $6.05 Sep 11, 2016 $6.05
Sep 18, 2016 $6.05 Sep 18, 2016 $6.05
Sep 25, 2016 $6.05 Sep 25, 2016 $6.05
Oct 2, 2016 $6.05 Oct 3, 2016 $6.05
Oct 9, 2016 $6.05 Oct 11, 2016 $6.05
Oct 16, 2016 $6.05 Oct 16, 2016 $6.05
Oct 23, 2016 $6.05 Oct 30, 2016 $6.05
Oct 30, 2016 $6.05 Nov 11, 2016 $6.05
Nov 6, 2016 $6.05 Nov 11, 2016 $6.05
Nov 13, 2016 $2.02 Nov 14, 2016 $2.02
Nov 20, 2016 $2.02 Nov 27, 2016 $2.02
Nov 27, 2016 $2.02 Nov 27, 2016 $2.02
Dec 4, 2016 $2.02 Dec 5, 2016 $2.02
Dec 11, 2016 $2.02 Dec 5, 2016 $2.02
Dec 18, 2016 $2.02 Dec 19, 2016 $2.02
Dec 25, 2016 $2.02 Dec 19, 2016 $2.02
Jan 1, 2017 $2.02 Jan 10, 2017 $2.02
Jan 8, 2017 $2.02 Jan 10, 2017 $0.10
Jan 15, 2017 $1.92
Jan 15, 2017 $2.02 Jan 15, 2017 $0.10
Jan 22, 2017 $1.92
Jan 22, 2017 $2.02 Jan 22, 2017 $0.10
Jan 24, 2017 $1.92
Jan 29, 2017 $2.02 Jan 24, 2017 $1.11
Apr 8, 2017 $0.91
Feb 5, 2017 $2.02 Apr 8, 2017 $2.02
Feb 12, 2017 $2.02 Apr 8, 2017 $2.02
Feb 19, 2017 $2.02 Apr 8, 2017 $0.10
May 7, 2017 $1.92
Feb 26, 2017 $2.02 May 7, 2017 $2.02
Mar 5, 2017 $2.02 May 7, 2017 $2.02
Mar 12, 2017 $2.02 May 7, 2017 $2.02
Mar 19, 2017 $2.02 May 7, 2017 $1.21
Nov 8, 2018 $0.81
Mar 26, 2017 $2.02 Nov 8, 2018 $1.31
Apr 2, 2017 $2.02
Apr 9, 2017 $2.02
Apr 16, 2017 $2.02
Apr 23, 2017 $2.02
Apr 30, 2017 $2.02
May 7, 2017 $2.02
May 14, 2017 $2.02
May 21, 2017 $2.02
May 28, 2017 $2.02
Jun 4, 2017 $2.02
Jun 11, 2017 $2.02
Jun 18, 2017 $2.02
Jun 25, 2017 $2.02
Jul 2, 2017 $2.02
Jul 9, 2017 $2.02
Jul 16, 2017 $2.02
Jul 23, 2017 $2.02
Jul 30, 2017 $2.02
Aug 6, 2017 $2.02
Aug 13, 2017 $2.02
Aug 20, 2017 $2.02
Aug 27, 2017 $2.02
Sep 3, 2017 $2.02
Sep 10, 2017 $2.02
Sep 17, 2017 $2.02
Sep 24, 2017 $2.02
Oct 1, 2017 $2.02
Oct 8, 2017 $2.02
Oct 15, 2017 $2.02
Oct 22, 2017 $2.02
Oct 29, 2017 $2.02
Nov 5, 2017 $2.02
Nov 12, 2017 $2.02
Nov 19, 2017 $2.02
Nov 26, 2017 $2.02
Dec 3, 2017 $2.02
Dec 10, 2017 $2.02
Dec 17, 2017 $2.02
Dec 24, 2017 $2.02
Dec 31, 2017 $2.02
Jan 7, 2018 $2.02
Jan 14, 2018 $2.02
Jan 21, 2018 $2.02
Jan 28, 2018 $2.02
Feb 4, 2018 $2.02
Feb 11, 2018 $2.02
Feb 18, 2018 $2.02
Feb 25, 2018 $2.02
Mar 4, 2018 $2.02
Mar 11, 2018 $2.02
Mar 18, 2018 $2.02
Mar 25, 2018 $2.02
Apr 1, 2018 $2.02
Apr 8, 2018 $2.02
Apr 15, 2018 $2.02
Apr 22, 2018 $2.02
Apr 29, 2018 $2.02
May 6, 2018 $2.02
May 13, 2018 $2.02
May 20, 2018 $2.02
May 27, 2018 $2.02
Jun 3, 2018 $2.02
Jun 10, 2018 $2.02
Jun 17, 2018 $2.02
Jun 24, 2018 $2.02
Jul 1, 2018 $2.02
Jul 8, 2018 $2.02
Jul 15, 2018 $2.02
Jul 22, 2018 $2.02
Jul 29, 2018 $2.02
Aug 5, 2018 $2.02
Aug 12, 2018 $2.02
Aug 19, 2018 $2.02
Aug 26, 2018 $2.02
Sep 2, 2018 $2.02
Sep 9, 2018 $2.02
Sep 16, 2018 $2.02
Sep 23, 2018 $2.02
Sep 30, 2018 $2.02
Oct 7, 2018 $2.02
Oct 14, 2018 $2.02
Oct 21, 2018 $2.02
Oct 28, 2018 $2.02
Nov 4, 2018 $2.02
Nov 11, 2018 $2.02
Nov 18, 2018 $2.02
Nov 25, 2018 $2.02
Dec 2, 2018 $2.02
Dec 9, 2018 $2.02
Dec 16, 2018 $2.02
Dec 23, 2018 $2.02
Dec 30, 2018 $2.02
Jan 6, 2019 $2.02
Jan 13, 2019 $2.02
Jan 20, 2019 $2.02
Jan 27, 2019 $2.02
Feb 3, 2019 $2.02
Feb 10, 2019 $2.02
Feb 17, 2019 $2.02
Feb 24, 2019 $2.02
Mar 3, 2019 $2.02
Mar 10, 2019 $2.02
Mar 17, 2019 $2.02
Mar 24, 2019 $2.02
Mar 31, 2019 $2.02
Apr 7, 2019 $2.02
Apr 14, 2019 $2.02
Apr 21, 2019 $2.02
Apr 28, 2019 $2.02
May 5, 2019 $2.02
May 12, 2019 $2.02
May 19, 2019 $2.02
May 26, 2019 $2.02
Jun 2, 2019 $2.02
Jun 9, 2019 $2.02
Jun 16, 2019 $2.02
Jun 23, 2019 $2.02
Jun 30, 2019 $2.02
Jul 7, 2019 $2.02
Jul 14, 2019 $2.02
Jul 21, 2019 $2.02
Jul 28, 2019 $2.02
Aug 4, 2019 $2.02
Aug 11, 2019 $2.02
Aug 18, 2019 $2.02
Aug 25, 2019 $2.02
Sep 1, 2019 $2.02
Sep 8, 2019 $2.02
Sep 15, 2019 $2.02
Sep 22, 2019 $2.02
Sep 29, 2019 $2.02
Oct 6, 2019 $2.02
Oct 13, 2019 $2.02
Oct 20, 2019 $2.02
Oct 27, 2019 $2.02
Nov 3, 2019 $2.02
Nov 10, 2019 $2.02
Nov 17, 2019 $2.02
Nov 24, 2019 $2.02
Dec 1, 2019 $2.02
Dec 8, 2019 $2.02
Dec 15, 2019 $2.02
Dec 22, 2019 $2.02
Dec 29, 2019 $0.05

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