Fruit grocery shop

Braison

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Braison

Member since

March 2017

On-time repayments

10 installments  •  60%

About Me

I am Braison Nandalwe . I was born on 24/08/1998 at Webuye in Bungoma County.I did my KCPE at Lugulu Boarding Primary School and attained 347 marks. I did my KCSE at Chesamisi School and got a B- . I finished school and i did not have money to go to university so I borrowed money from my uncle and begun my own fruit selling stalk.what is unique is that our land is very fertile and produces agricultural products well.They want to be entrepreneurs so as to get profit in the sales.my hobby is to have good customer relation with my customers.

My Business

I sell fruits and vegetables on retail and wholesale terms. Vegetables are useful and needed daily for human consumption so their demand is so high. Same to fruits they are also on high demand to my customers. I chose to sell fruits and vegetables because they have a good market and their demand is so high and also because I can easily produce them on the farm and supply to the market. I approximately get around Ksh 2600 per day amounting to Ksh 78000 per month. I use 50% of the money to reinvest in my business. 20% for school fees and 10% for savings. 16% for use at my home while 4% is save to deal with risks that may occur.

Loan Proposal

I will buy fruits and vegetables at a cheaper price, which goes for USD 4 and resell at USD 8. This means I will get a profit to pump back into my business
This will help me improve my stock and livelihood, my family and others. I will also be in a position to have more stock thus increasing the confidence for my customers to find products whenever they need them.
I expect the profit to double as the supplpiers price is way halfway that of the selling.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

May 11, 2017

Repayment status

On Time

Projected term

5 weeks

Other loans

Lenders

MC

Michael Crump

United States

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