Add stock of watermelon and oranges to expand fruit business

Fredrick

Githurai, Kenya

100% repaid

Entrepreneur

Name

Fredrick

Member since

December 2014

On-time repayments

223 installments  •  67%

About Me

At childhood I had very big dreams of owning big businesses in the country,which am actually achieving.I started the business after my college,and tarmacking so much looking for job.I then decided to employ myself.The business is good since the product is in high demand always.My products are unique in the manner that,product itself is clean,well displayed for easy seeing of the customers which later translates into attraction.My prices are also favorable since i do both wholesaling and retail.I decided this so as to enable all customers who are interested with my product to get it.My child has very great dreams of becoming a pilot and traveling all over the world.My hobby socializing which actually has enabled build a big business through proper customer relationship.

My Business

In my business,I deal with fruits because they are always at high demand.This business is highly profitable since expenses are not high.The profit gathered in the business,I do Chanel it in paying school fees,investing and expanding the business.Currently i have an idea of venturing in another industry of motor vehicle spare parts,since i have realized that the business is also doing very well in my mother country.So the profit gathered from the industry of fruits,part of it will be used in starting and growing this other business.Good luck.

Loan Proposal

If my loan is funded,intend to spend 100$ in adding stock,that is water melon,secondly i want to introduce another variety of fruit that is oranges which will take 30$,and transport 5$with such a plan i will have increased the profit and at the same time increased the number of customers due to the introduction of another variety.I have great expectations since i expect the profit to increase with more than 50%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$132.00

Date disbursed

Apr 7, 2015

Repayment status

On Time

Projected term

3 months

Lenders

fairspirit

Utrecht, Netherlands

djw62

Toronto, Canada

Cassian Opara

London / Dubai, United Arab Emirates

Matt B

Stratford Upon Avon, United Kingdom

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Summary

Amount repaid

$139.34

Amount remaining

$0.00

Date repaid

Jul 18, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 19, 2015 $6.63 Apr 20, 2015 $6.63
Apr 26, 2015 $6.63 Apr 20, 2015 $1.14
Apr 26, 2015 $5.49
May 3, 2015 $6.63 Apr 26, 2015 $1.73
May 7, 2015 $4.90
May 10, 2015 $6.63 May 7, 2015 $0.43
May 10, 2015 $6.20
May 17, 2015 $6.63 May 10, 2015 $0.47
May 24, 2015 $6.17
May 24, 2015 $6.63 May 24, 2015 $6.63
May 31, 2015 $6.63 May 24, 2015 $0.53
Jun 9, 2015 $6.10
Jun 7, 2015 $6.63 Jun 9, 2015 $0.57
Jun 13, 2015 $6.07
Jun 14, 2015 $6.63 Jun 13, 2015 $5.04
Jun 27, 2015 $1.59
Jun 21, 2015 $6.63 Jun 27, 2015 $6.63
Jun 28, 2015 $6.63 Jul 5, 2015 $6.61
Jul 8, 2015 $0.02
Jul 5, 2015 $6.63 Jul 8, 2015 $6.63
Jul 12, 2015 $0.23 Jul 8, 2015 $0.23
Jul 19, 2015 $59.51 Jul 15, 2015 $7.89
Jul 18, 2015 $51.62

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