Vegetable and fruit vender

Dennis

Kayole, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

days left

Follow Dennis

How it Works

Entrepreneur

Name

Dennis

Member since

May 2015

On-time repayments

8 installments • 0%

About Me

Hallo.my name is Dennis bogomba and a i grew up in kisii land.I also started my education there i.e from baby class to std 8.Unfortunately i did not proceed with my education due to lack of school fees.since i am the first born in our family of eight children.I was forced to work in order to support my parents in raising other siblings,therefore i could go and weed other peoples shambas or pluck tea in order to get some wages.I continued like that till i was 18 years.One day i thought to start abusiness,so with my small savings i started asmall business of selling vegetables.The land in which i live is very fertiler and productive and therefore i can but vegetables at alow price and sell to earn a profit.I have three sons who are still in school learning.My first born wants to be a docter,my second born wants to be a lawyer and my last born says he want to be an engineer.They have very high ambitions which encourage me to work very hard in order to educate them.I normally take my children out to play football which they like most on sundays when am free from my business and after church.

My Business

I provide vegetables especially sukumawiku,spinach and our traditional vegetables.those goods are useful in that,people like eating these veges.Since they are rich in vitamins which protect their bodies from diseases.I choose this kind of business because i wanted to deal with goods that are in high demand and therefore they can be bought very fast in order to make fast profit within ashort time also vegetables and ugali is the stable food in our country.My typical costs and revenue are i buy one suck or two depending on the day.One suck of veges 15 dollars i tire them using sisal for 1dollar i can tire 30 pieces i sell a total of 30 dollars make aprofit of 15 dollars.At the end of the month i make aprofit of 390 dollars.My expences i pay licence 5 dollars per month,pay security man 2dollars per month,pay my house rent,water bill,electricty and sewerage 40dollars,buy food 80 dollars,i pay school fees for my children and wife 150 dollars,sometimes the children become sick i spend like 30 dollars for hospital bill but not always.I remain with 83 dollars,i can send for my parent something small.I have bought aplot still paying.im saving for my business because i want to open agrossary and employ like two people who will be helping.Also if im given the loan i will use that prpfit to repay it.

Loan Proposal

Has i said im planing to open another kiosk(stall) and also start selling fruits that loan will help me to start it.The demand is high but i lack enough capital,the loan will boost me.Also it will help me to make the structure and pay my worker who is going to help me in that kiosk.I will use that money to make selves to buy knife and also to buy fruits and some veges in that new kiosk.The profit i get from my sells its the one i will use to pay back my loan.The remaining amount i will use it to add the stock.I will also buy my dairly stock book.water is also needed to was veges and fruits i will use the money to buy.I hope i will be considerd for that loan.Thank you