Tomatoes, onions, potatoes & maize for home delivery

Frank Mwenda Gidiel

Nairobi, Kenya

3% repaid

Entrepreneur

Name

Frank Mwenda Gidiel

Location

Nairobi, Kenya

On-time repayments

43 weekly installments  •  67%

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

First let me say thank you for the previous loans they have really my business a lot, i would like to apply for a new loan to help me get new stock for onions, tomatoes, green maize and potatoes, these are the items most of my customers order for and it will be very beneficial if I have enough stock.
I will invest KES 12000 to get 4 creates of tomatoes at kes 3000 each which will in return give me a profit of kes 500 per a create.
I will kes 15000 to get 170kg of onions which will earn me a profit of Kes 10 per a kg, I intend to invest kes 6000 on 2 sacks of potatoes and invest the remaining kes 5000 on green maize.
This will enable me meet my customers orders and help me grow my business.
Thanks for your support in advance and may God bless you.

Income Source

With the ongoing pandemic I had to find ways to coop, that's why I started home deliveries this e surest safety of my customers since we agree on the delivery mode, to gain more customers I have advertised my products on online platforms which has given me an edge.
I believe with the measures I have taken they will enable me to repay my loan on time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$374.67

Date disbursed

Jul 20, 2020

Repayment status

Late

Projected term

8 months

Cost to entrepreneur

Service fee: 10% of $374.67 = $33.69

Credit risk payment: $40.42

Lenders

G

GalantnostS

Hong Kong, Hong Kong

Brian

Midhurst, Canada

R

Raabo

Rungsted, Denmark

investor

Candiac, Canada

TG

The Gwarden

Göteborg, Sweden

M

MarkAndMary

Seattle, United States

AltruisticSelfishnes

Chicago, United States

Charmonica

London, United Kingdom

ErikN

Stockholm, Sweden

L

ldron7

Utah, United States

T

Tallago3

Munich, Germany

Pere

Barcelona, Spain

T

ToddK

Indianapolis, IN, USA, United States

C

cjmenchaca

Austin, United States

G

gabarone

Rochester, United States

G D Export

Kolkata, India

D

Divergent

Bethesda, United States

A

AustA

Sydney, Australia

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

IA

Ismini and Jerry

Stamford, USA, United States

J

jzidi

Los Angeles, United States

ads68

Melbourne, Australia

O

Oscart

Edmonton, Canada

doflynn

Dublin, Ireland

nakamura

United States

G

glh25

Winooski, United States

fairspirit

Utrecht, Netherlands

davidt

San Francisco, United States

H

Hobbit64

Milano, Italy

K

Krishroff

Dubai, United Arab Emirates

A

AndrewC

London, United Kingdom

P

Pavane

Kungsbacka, Sweden

R

run426

DeBary, United States

S

seikatsu

Palo Alto, CA, United States

dmirpuri

Bangkok, Thailand

E

Esseni

Cincinnati, United States

Parkmobile

Fort Bragg, United States

MrMichigander

Marquette, United States

mikeice

Kohler, United States

sderickson

Berkeley, CA, United States

H

HoseB

San Francisco, United States

D

drorm

United States

R

roozbeh

United States

M

Mcohan21

United States

DavidHS

United Kingdom

V

valiy

Switzerland

J

jenda

Czech Republic

A

ATMiller

United States

trincowski

Vilar, Vila do Conde, Portugal

Y

yuling

Singapore

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

Lisbeth

Perth, Australia

F

factotums

United States

Grant Xavier Storer

Seattle, Wa, United States

M

Medagan

San Franciso, United States

P

pnrjulius

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

S

Sven

Netherlands

Matthias

Frankfurt Am Main, Germany

Dave Bogard

New York, United States

Franmiguel

Perth, Australia

R

Robert

Berlin, Germany

W

Wade

United States

PT

Pattie Thomas

United States

Jake Badger

Roskilde, Denmark

DF

Daniel Fehr-Krahn

Winnipeg, Canada

Craig

Memphis, TN, United States

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

JC

JD Conley

United States

I

Ian

United Kingdom

Pedro Lopez

United States

C

cota

United States

ME

Manaal Eisa

Washington DC, United States

PT

Paul T

Amsterdam, Netherlands

TH

tom hd

United Kingdom

BB

Ben Bellows

United States

Carla

Amsterdam, Netherlands

K

Karen

United States

F

Frits

Rotterdam, Netherlands

M

Mart

United Kingdom

G

Gianni

Venice, Italy

AH

ajay hampapur

United States

E

eriklonnroth

United Kingdom

LH

Lisa Heinze

Milwaukee, Wisconsin, United States

M

Marjolein

Netherlands

Thomas

Sweden, Sweden

Gabriel Fenili

Santo André, Brazil

KH

Kathryn Hawks

United States

EthicalHost

Toronto, Canada

I

isaac

United Kingdom

RC

Rudi Chen

United States

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

RH

Robert Hamner

United States

SA

Steve A

Newbury, United Kingdom

KirstenAlana

Los Angeles, United States

United States

Zack Stein

United States

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

SA

Shar Alamdari

Los Angeles, United States

PW

Peter Wang

United States

MC

Mark Cowburn

United States

KG

Kate Goodwin

United States

K

Katharina

Germany, Germany

Craig Travis Provyn

Bradenton, Florida, United States

M

Marama

Australia

Benjamin Kniaz

Boston, United States

JH

Joseph Hwang

Houston, United States

Sayuri

United Kingdom

Babbitt Family Foundation

Sioux Falls, SD, United States

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