Buy a three-wheeled taxi to carry my produce to market
Sammy
Roadblock-eldoret, Kenya
100% repaid
Entrepreneur
Name
Sammy
Member since
June 2015
On-time repayments
340 installments • 86%
About Me
I was born in Roadblock village of Eldoret North,Uasin Gishu County 25 years ago.I grew up with a vision and greater ambitions of becoming a lawyer so as i advocate and lobby for the disadvantage in our society as a country as well as Africa.But wait,what happen to this great dream?.I started my primary education and completed my class eight with a certificate of kenya primary school education.(KCPE).In 2007,I join a local secondary school where i worked both hard and smart so as tl realize my dream of becoming a lawyer.In 2010 I completed my secondary school and passed with a mean grade of B(plain) but could not join university due to financial constraints.Instead I decided to become an entreprenuer doing a business of selling polythene bags in Eldoret market.After two years of saving,Ihad enough to start my own Glossary in Edoret,where i sell fruits and vegetables.
My Business
As I have fore mentioned already in my profile,I currently sell fruits and vegetables (glossary).Currently Eldoret town being the headquarters of Uasin Gishu County.This has attracted many people into the town who engage in various activities and at the end of the day they pass through my kiosk to buy some fruits and vegetables.This has made it worthwhile to sell my vegetables at a friendly prices which makes them to go faster.After restocking my business using the 1st loan I secured from Zidisha my current business is worth 150 dollars.This has given me morale even to expand further my business since am currently competing favorably in the market economy.And in that I say thanks to zidisha for the great financial support you gave me.To speak I have made a net profit of 130 dollars within my five months of operation after I received my first loan. I anticipate that these will grow up to at least 160 dollars profit.The profit obtained I have been using it to support my siblings and this anticipated profit I will continue to dive support to my siblings and pay university fees next year to do a business course.
Loan Proposal
Dear lenders as I have underscored above I have some saving from my current business of selling fruits and vegetables. I therefore need to purchase a tuk tuk for transportation of my fruits and vagetables. Therefore all the monies raised here I will add to the savings I have so that I can buy a tuk tuk.This will help me save the transportation costs that I been incurring since I ventured into this business.On the other hand it will enable me to earn an extra coin since othe business men and women will be hiring it for transportation and this will enable me to earn huge profits. From what am anticipating I can get profits of upto 15000KES on a daily basis. In summary all the 386 Dolllars I will raise here will go towards purchasing a tuk tuk. Kindly help me achieve it.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$392.00
Date disbursed
Jun 3, 2016
Repayment status
On Time
Projected term
29 months
Other loans
Lenders
CORVALLIS, United States
Germany
Canada
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BernadetteV May 30, 2020
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