Business expansion

Oundo

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Oundo

Member since

April 2017

On-time repayments

7 installments  •  43%

About Me

I am an entrepreneur who deals with fresh farm produce and poultry farmer.

I do order fresh farm produce from the farmers and supply them to the market and various institutions like schools.AM also into the poultry farming where I have an active order running through the year for the supply of eggs, broiler and indigenous chickens. I have been in the line of business for over 7 years. I have borrowed from Zidisha before.

My Business

I appreciate the support Zidisha has offered over the years. Having repaid my previous project. I would like to apply for another facility of 150,000 to enable me add stock to my business. We are heading into the festive season and I would like to increase daily stocks and varieties in order to meet the ever growing needs of the market and also to help me increase my weekly poultry supply needs that have been overwhelming due to insufficient capital. This will enable me get items at a good rate hence sell and increase my profit margins.

Loan Proposal

buy more fish stock to meet growing demand and the orders .this will make the business to increase sales revenue by 15% thus enabling us to get profit increase by 10% which will enable the business to expand and grow.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Mar 4, 2019

Repayment status

Late

Projected term

4 weeks

Lenders

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  • Oundo    Oct 7, 2024

    Am so grateful for the trust you have put in me by funding my project so that I can generate more sales which will enable me get good returns on the investment. This funds will help me to improve my stock levels which in turn will enable me compete effective on the market. once again thank you for entrusting me with your resources.

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