David

Nakuru, Kenya

100% repaid

Entrepreneur

Name

David

Member since

August 2013

On-time repayments

25 installments  •  44%

About Me

As I have stated, am a resident of nakuru town. I live here with my wife and three children. I eke a living by selling fruits. I started by being employed to sell bananas on a wheelbarrow. I would push the wheelbarrow to prime areas like matatu terminals, outside the supermarkets and at the free parks. Then I started to buy bananas on my own at wakulima market popularly kwnown as soko at wholesale prices. I would then go and hawk them at retail prices and make some profit. Initially municipal council askaris were hostile and I would part with something small to be allowed to trade. Eventually I saw that they were eating my profits and thats why I started my own temporary store (kibanda) from where I sell fruits to walk in customers. The money I get I use it to feed my family, pay house rent, municipal charges and educate my children.

My Business

Thank you lenders for giving me a chance to empower myself economically. I sell fresh fruits at my kibanda (small kiosk) to walk in customers. Fruits business is very risky because fruits are perishable and so I have to be very meticulous when sourcing for my products. I go for the quality fruits and this makes my customers prefer my business and also refer others. The business is profitable with enough quality stock and proper storage methods. I make around five to seven hundred shillings daily profit. I I pay municipal charges, house rent, school fees and keep the rest for my savings. Given the loan I plan to use the funds to purchase more stock and increase revenue.

Loan Proposal

Thank you lenders for giving me a chance to empower myself economically. I sell fresh fruits at my kibanda (small kiosk) to walk in customers. Fruits business is very risky because fruits are perishable and so I have to be very meticulous when sourcing for my products. I go for the quality fruits and this makes my customers prefer my business and also refer others. The business is profitable with enough quality stock and proper storage methods. I make around five to seven hundred shillings daily profit. I I pay municipal charges, house rent, school fees and keep the rest for my savings. Given the loan I plan to use the funds to purchase more stock and increase revenue.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 19, 2013

Repayment status

On Time

Projected term

13 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

S

share

Whitby, Canada

MakeSense

-, St. Kitts and Nevis

J

jjonas

berlin, Germany

Namaste250

Pittsford, United States

K

kosatka

Slovakia

L

LindsayB

Sydney, Australia

scgtb

Sarasota, United States

B

bonndan

Bonn, Germany

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