Signboard for my vegetable business

Njenga

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Njenga

Member since

November 2015

On-time repayments

6 installments  •  100%

About Me

Born and raised in Eldoret taking care of our family farm. We planted wheat and maize and sold them to get money to buy other essential items and pay for school fees

My Business

At the moment am working as a Vegetable distributor as i supplement my income. The business sources fresh produce from farmers directly and sell the in wholesale and retail to traders and final consumers in Nairobi and its environs
The vegetable sub-sector is important in attaining food security and improving livelihood for smallholder farmers who produce 100% of the African vegetables and up to 70% of the Exotic and Asian vegetables. The major vegetables produced in Kenya are: Irish Potatoes, tomatoes, cabbages, snow peas, kales, spinach, runner beans, French beans, carrots, broccoli, indigenous vegetables, and Asian vegetables. In terms of enterprise value per acre, tomatoes are the most lucrative, followed by cabbages and French beans.
Profits are used to buy food and pay school fees

Loan Proposal

The money will help me prepare a signboard for my Business to make it visible to potential and existing customers thereby reaching more persons.
I expect to increase customer base by 20% and profits by 10%

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Oct 25, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

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Summary

Amount repaid

$5.83

Amount remaining

$0.00

Date repaid

Dec 11, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 7, 2016 $1.16 Nov 10, 2016 $1.16
Nov 14, 2016 $1.16 Nov 18, 2016 $1.16
Nov 21, 2016 $1.16 Nov 26, 2016 $1.16
Nov 28, 2016 $1.16 Dec 2, 2016 $1.16
Dec 5, 2016 $1.16 Dec 2, 2016 $0.03
Dec 11, 2016 $1.13
Dec 12, 2016 $0.03 Dec 11, 2016 $0.03

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