Fruits and vegetables for grocery shop

Daniel

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Daniel

Member since

February 2017

On-time repayments

90 installments  •  74%

About Me

Hi lenders, my names are Daniel Kwemoi Andiema, I grew up from a humble background. my parents struggled in paying my fees from primary level all the way to university level. Due to lack of employment, I decided to venture into small business where I operate a grocery shop. I like reading novels and business articles during my free time.

My Business

I operate a grocery shop called Mali Mali and my major source of income is from family contributions and personal savings. I usually sell vegetables, fruits and grains to my customers at an affordable price which makes demand of my products very high. I decided to venture in this business for personal empowerment. My typical cost is ksh 20,000 ksh per month. I will use the profit to pay school fees for my children and the rest of the money for investment.

Loan Proposal

Hello lenders, I will use the loan fund to purchase fruits and vegetables for re-sale. Bananas will cost 30$, Water Melon will cost 20$, Oranges and Mangoes will cost 40$, vegetables e.g Cabbages and spinach will cost 20$. Purchases will boost stock and enable me to meet the demand of my customers. From the total sells, I expect a 35% profit increase.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$108.00

Date disbursed

Mar 3, 2018

Repayment status

On Time

Projected term

8 months

Lenders

Emma

Australia

Paul Buchheit

Mountain View, United States

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  • Daniel    Feb 16, 2019

    Hello zidisha, I would like to adjust my instalment because the current instalment is too high for me, thank you

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  • Daniel    Jan 3, 2019

    I would like to adjust my instalment to enable me repay my outstanding loan effectively and efficiently without failure

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  • Daniel    Nov 24, 2018

    Hi lenders, I would like to adjust my loan instalment to 100 per week to enable me service my loan efficiently, right now am experience tough economic crisis and am un able to pay the current instalment.

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  • Daniel    Nov 23, 2018

    the reason why I have decided to reduce the instalment is because, of the economic challenges I am experiencing at the moment, I am unable to raise the current instalment, but once the situation is over I will re-adjust my instalment

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  • Daniel    Aug 30, 2018

    Hello zidisha team, I used the loan fund to purchase an extra stock for sale, now my inventory has really increased to the desired level to meet high demand from my esteem customers. From the total sells, earnings have increased significantly which has contributed to the growth of my business. I used a portion of my profit to pay bills and other miscellaneous expenses. During holiday period, I usually spend with my family by visiting various places for exposure.

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  • Daniel    Mar 10, 2018

    Hello lenders, I would like to adjust my instalment since the current instalment is too high for me. It will allow me make full payments in time and avoid falling in arrears,Thank you.

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  • Daniel    Mar 3, 2018

    Hello lenders, I received ksh 10, 474 am planning to use the funds to purchase fruits and vegetables for re sale. Thank you so much for your financial support, God bless you.

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  • Daniel    Feb 28, 2018

    Hello zidisha, I will use the loan fund to buy Fruits and vegetables for re sale, purchases will help me cushion high demand from my customers. Thank you so much for your financial support, God bless you.

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  • Daniel    Dec 20, 2017

    Hello lenders, thank you so much for your financial support, I really appreciate. I used the loan fund to purchase fruits, vegetables and grains for sale. The purchases have assisted me to cushion the high demand from my esteem customers thus enhancing growth of my business. My earnings have increased by 49%. I took one third of the total earnings and saved, the rest I used to pay my bills. My standard of living has really improved. During holidays I usually spend with my family.

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  • Daniel    Dec 20, 2017

    Hello lenders, thank you so much for your financial assistance. I used the loan fund to purchase fruits, vegetables and grains for sale. Sells from the purchases has really made a difference because it has contributed to the growth of my business. My total earnings has increased by a gross margin of 49%. I have used a portion of it to pay my bills and the remaining balance for savings. My family standard of living have really improved, I appreciate for this opportunity. During holidays I usually spend time with my family.

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  • Daniel    Dec 20, 2017

    Hello lenders, I used the loan fund to purchase fruits, vegetables and grains for sale. Total sales of the purchases has made a big difference because it has contributed in the growth of my business. From the sales I made a profit margin of 49% which I used to pay my bills. Earnings from my business has really enabled me support my family and our standard of living have improved.

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  • Daniel    Dec 20, 2017

    Hello lenders, I used the money to purchase more stock for my grocery shop which as enhanced the growth of my business. I made a profit margin of 40% and I am looking forward to expand my business. In addition, i am intending to introduce other products to suit my customers high demand. I thank you so much lenders for your financial support.

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  • Daniel    Dec 20, 2017

    Hello lenders, I am progressing well with my business, thank you so much for your financial assistance, May God bless you.

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  • Daniel    Nov 15, 2017

    Hello lenders, I communicate with Lindsey Cheruiyot and she promised to clear the outstanding loan balance soon, thank you.

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  • Daniel    Oct 27, 2017

    Hello lenders, I would like to adjust my instalment to 500 per week since the current instalment of 1000 per week is too high for me. Currently we are experiencing difficult economic period in the country and circulation of money is too low.

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  • Daniel    Oct 23, 2017

    Hello lenders, I received 8,379 KES and I used to purchase more fruits and vegetables for sale, now I have enough stock to meet customer's demand. Thank you so much for your financial support.

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  • Daniel    Oct 15, 2017

    Hello lenders, thank you so much for your 100% funding, am yet to receive cash in my account to enable me purchase more stock.

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  • Daniel    Oct 10, 2017

    Hello lenders thank you very much for the loan you gave me, it has really boosted growth of my business, I am looking forward to buy my stock in order to meet my customer's demand.

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  • Silas    Sep 29, 2017

    hello lenders.I communicated with my invite Daniel Andiema and he was able to pay the all outstanding balance as per your request

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  • Daniel    Sep 29, 2017

    Hello lenders, I would like to inform you that I repaid my loan yesterday in full, ksh 4410, kindly update

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