Stock up onions, tomatoes and green pepper for home delivery

Frank Mwenda

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Frank Mwenda

Member since

May 2020

On-time repayments

45 installments  •  69%

About Me

Hello, am frank mwenda, I was born and raised in Meru but currently I live in Nairobi. Am married and blessed with 4 kids 3 girls and 1 boy.
For me my family means everything to me I did not a achieve a lot but I would like to make that possible for my kids.
Am working hard to ensure they get the best education so that they can have a better future.
I started my business in 2018 after the company I was working for closed down and getting a new job got tricky, I had to find a way to feed my kids and that's when I got the idea of sourcing fresh groceries to bring it to the city and sell to the dwellers at an affordable price since life is already hard enough.

My Business

I sell groceries, ranging from tomatoes, onions, potatoes, green pepper and much more, the items are a must have in most families that's why I thought of the idea, for me to compete with existing marketing I had to find a better way to coop, I usually go to the farmers and buy from them at a wholesale price, for me I don't aim high profits, because if am able to sell more it means I make more even if the margin is low, I ensure it carters for all my costs and make something small in return.
I would like to request for your input in my business, this will ensure I get more products which means more profit thus growth in my business.
Thanks for the opportunity and I hope you partner with me.

Loan Proposal

Am so grateful for this opportunity, the loan i received helped me a lot in my business.
Am applying for a new loan to me get fresh stock for tomatoes, onions and green pepper.
I offer home deliveries to my customers which comes quite handy for my customers.
Am applying for a loan of kes 16800,i will use this amount as follows, kes 8500 i will use it to get 2 crates of tomatoes, kes 4000 will a bag of onions and kes 3800 i will use to get green peppers.
I hope you will consider funding mu loan to help me deliver the stuff to my customers.
Thanks in advance, be blessed and stay safe.

Income Source

The pandemic had hurt alot of business but this being the only source of income i depend on i had to think on how to keep my business going. For instance i offer home deliveries, which is more safe and minimize contact with my customers, i also ensure i sanitize the packages and wear masks and wash my hands before handling a customer's order.
The home deliveries have kept my business going and gaining more customers since am getting recommendations from the customers i already have.
I believe this will help me repay my loan on time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$166.00

Date disbursed

Jun 11, 2020

Repayment status

On Time

Projected term

6 weeks

Lenders

Paul Buchheit

Mountain View, United States

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