Enable me to supply my fresh-farm produce to my clients
Susan
Nairobi, Kenya
100% 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
I intend to use the above loan to improve my supply business of fresh-farm produce to various clients. I always get between 2 to 3 orders 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.
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
I intend to use the above loan to supply pawpaws of 38$, melons 42$ oranges 20$ in my business of fresh farm produce to various clients. I always get between 2 to 3 orders in a week and and they pay 30% at delivery and the remainder to be paid within 7 days. The challenge always comes where you have received the next order that 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.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 7, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Devon, United Kingdom
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Summary
Amount repaid
$104.50
Amount remaining
$0.00
Date repaid
Nov 7, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 16, 2015 | $10.00 | Aug 16, 2015 | $10.00 |
| Aug 23, 2015 | $10.00 | Aug 23, 2015 | $10.00 |
| Aug 30, 2015 | $10.00 | Aug 29, 2015 | $10.00 |
| Sep 6, 2015 | $10.00 | Sep 5, 2015 | $10.00 |
| Sep 13, 2015 | $10.00 | Sep 13, 2015 | $10.00 |
| Sep 20, 2015 | $10.00 | Sep 20, 2015 | $10.00 |
| Sep 27, 2015 | $0.00 | ||
| Oct 4, 2015 | $6.00 | Oct 4, 2015 | $6.00 |
| Oct 11, 2015 | $6.00 | Oct 11, 2015 | $6.00 |
| Oct 18, 2015 | $6.00 | Oct 18, 2015 | $6.00 |
| Oct 25, 2015 | $6.00 | Oct 25, 2015 | $6.00 |
| Nov 1, 2015 | $6.00 | Oct 31, 2015 | $6.00 |
| Nov 8, 2015 | $6.00 | Nov 7, 2015 | $6.00 |
| Nov 15, 2015 | $8.50 | Nov 7, 2015 | $8.50 |
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