Adding stock to fruits and vegetables business
Susan
Nairobi, Kenya
31% repaid
Entrepreneur
Name
Susan
Member since
July 2015
On-time repayments
39 installments • 46%
About Me
I am a young Kenya entrepreneur who is so ambitious and always thinking out of the box. With the current state in our nation, many youths are unemployed, but that was not a reason as to why I should not make it in life. I have had various challenges with Kenya banks, for they always don't offer loans for start-up businesses, but where there is a will, there will always be a way out.
I have been able to successfully establish myself in the area of agribusiness (mushroom farming), and I also have a registered company that gets tenders from various institutions to supply fresh-farm produce with other services. I desire to strategically locate myself and do export farming.
My Business
I supply fresh-farm produce to various institutions based within Nairobi and its environment. I also do mushroom farming at the place where I live, for this is the only kind of farming that you can do without a piece of land but just an enclosed room. I plan to go large-scale in the near future in all areas of farming and business.
Loan Proposal
My business has been up and running and thank you so much to Zidisha lenders. Currently its rainy season here in Kenya and many roads are rendered impassable due to heavy rains, whenever i get time to visit the market i do buy more stock to carry me for a few more days. I intend to use the above loan to improve my supply business of fresh-farm produce to various clients. Nowadays i service between 4 to 6 clients in a week and and they pay 30% at delivery and the remainder is to be paid within 7 days. The challenge always comes when you have received the next order that you have to supply, yet you have not been paid the last order. We are always recommended to have extra cash for emergencies to be able to cushion such moments.
I intend to use 60$ to add more oranges and mangoes, 80$ Irish potatoes, 20$ cabbages and the rest a selection of other fruits.
About Me
I am a young Kenya entrepreneur who is so ambitious and always thinking out of the box. With the current state in our nation many youths are unemployed but that was not a reason as to why i should not make it in life. I have had various challenges with Kenya banks for they always don't offer loans for start up business but where there is a will there will always be a way out. I have been able to successfully establish my self in areas of Agribusiness ( mushroom farming ) and also have a registered company that gets tenders from various institutions to supply fresh farm produce with other services. I desire to strategically locate myself and do export farming.
My Business
I do Agribusiness farming of various kinds of fruits like pawpaws, melons, passion fruits and supply those that i get out of my farm and any other fresh farm produce i buy from the market to various institutions based within Nairobi and its environment. I also do mushroom farming at the place where i live for this is the only kind of farming that you can do without a piece of land but just an enclosed room. I plan to go large scale in the near future in all areas of farming and business.
Loan Proposal
My business has been up and running and thank you so much to Zidisha lenders. Currently its rainy season here in Kenya and many roads are rendered impassable due to heavy rains, whenever i get time to visit the market i do buy more stock to carry me for a few more days. I intend to use the above loan to improve my supply business of fresh-farm produce to various clients. Nowadays i service between 4 to 6 clients in a week and and they pay 30% at delivery and the remainder is to be paid within 7 days. The challenge always comes when you have received the next order that you have to supply, yet you have not been paid the last order. We are always recommended to have extra cash for emergencies to be able to cushion such moments.
I intend to use 60$ to add more oranges and mangoes, 80$ Irish potatoes, 20$ cabbages and the rest a selection of other fruits.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Nov 29, 2015
Repayment status
Late
Projected term
7 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
Taiwan
United States
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Summary
Amount repaid
$65.00
Amount remaining
$145.23
Expected completion
Jul 3, 2016
Status
Repaying late
Installment amount
$10.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 6, 2015 | $15.00 | Dec 6, 2015 | $15.00 |
| Dec 13, 2015 | $0.00 | ||
| Dec 20, 2015 | $0.00 | ||
| Dec 27, 2015 | $0.00 | ||
| Jan 3, 2016 | $10.00 | Dec 27, 2015 | $10.00 |
| Jan 10, 2016 | $10.00 | Dec 27, 2015 | $5.00 |
| Jan 9, 2016 | $5.00 | ||
| Jan 17, 2016 | $5.00 | Jan 9, 2016 | $5.00 |
| Jan 24, 2016 | $0.00 | ||
| Jan 31, 2016 | $0.00 | ||
| Feb 7, 2016 | $0.00 | ||
| Feb 14, 2016 | $10.00 | Feb 14, 2016 | $10.00 |
| Feb 21, 2016 | $0.00 | ||
| Feb 28, 2016 | $0.00 | ||
| Mar 6, 2016 | $0.00 | ||
| Mar 13, 2016 | $0.00 | ||
| Mar 20, 2016 | $10.00 | Mar 20, 2016 | $10.00 |
| Mar 27, 2016 | $10.00 | Apr 11, 2019 | $5.00 |
| Apr 3, 2016 | $10.00 | ||
| Apr 10, 2016 | $10.00 | ||
| Apr 17, 2016 | $10.00 | ||
| Apr 24, 2016 | $10.00 | ||
| May 1, 2016 | $10.00 | ||
| May 8, 2016 | $10.00 | ||
| May 15, 2016 | $10.00 | ||
| May 22, 2016 | $10.00 | ||
| May 29, 2016 | $10.00 | ||
| Jun 5, 2016 | $10.00 | ||
| Jun 12, 2016 | $10.00 | ||
| Jun 19, 2016 | $10.00 | ||
| Jun 26, 2016 | $10.00 | ||
| Jul 3, 2016 | $10.23 | ||
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