Tomatoes and other fruits 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

I will use the money to purchase two crates of tomatoes costing 12 dollars each, and the remaining amount I will use to purchase different variety of fruits. From the sales, I will generate more revenue which will increase my total earnings. My expectations from the business is 60% profit.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$45.00

Date disbursed

Sep 5, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Franmiguel

Perth, Australia

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Summary

Amount repaid

$43.31

Amount remaining

$0.00

Date repaid

Sep 28, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 16, 2017 $4.91 Sep 28, 2017 $4.91
Sep 23, 2017 $4.91 Sep 28, 2017 $4.91
Sep 30, 2017 $4.91 Sep 28, 2017 $4.91
Oct 7, 2017 $4.91 Sep 28, 2017 $4.91
Oct 14, 2017 $4.91 Sep 28, 2017 $4.91
Oct 21, 2017 $4.91 Sep 28, 2017 $4.91
Oct 28, 2017 $4.91 Sep 28, 2017 $4.91
Nov 4, 2017 $4.91 Sep 28, 2017 $4.91
Nov 11, 2017 $4.03 Sep 28, 2017 $4.03

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