Add milk inventory and start producing other milk products
Elijah
Ongata Rongai, Kenya
100% repaid
Entrepreneur
Name
Elijah
Member since
August 2013
On-time repayments
187 installments • 72%
About Me
I am 30 yrs old married with three children of school going age. all in school.I have a form four level of education and i live and stay in ongata rongai an outskirt town of Nairobi. i started my business Five years ago to make a living after being in informal employment my monthly income of about 37000 i am able to educate and feed my family and support my parents. I have a dream to improve myself financially as i know i have not fully attained my financial capabilities.
My Business
I am a motorbike taxi rider where i ferry people from Kware bus stage in ongata rongai to and from their homes. there is high demand for such services as the homes are very far from the main road and bus stage and some interior roads are not accessed by cars. i have many customers due to my experience maturity and characters people trust me unlike my competitors who are younger than me. The business is profitable as the cost of running a motorbike are very low and easy to manage as it deals with direct contact with the customers who are your employers
This loan amount am applying will be used to produce milk product e.g
Yoghurt , cheese , $900 for stock and $600 to produce cheese.
Kindly regand
Elijah mwangi
Loan Proposal
Hello Lenders,
Thank you a lot for the previous loans that you have been advancing me. They have real positively impacted my financial behavior. They have improved my saving habits and also diversified my revenue because of the milk business they added to my motorcycle business.
This Loan i am applying will be used in adding inventory to my milk shop. I will use $600 to buy Milk stock to tackle the current stock shortage i have due to increased customers. The added milk will also be used to produce other milk products e.g Yorghurt. This will minimize spoilage as the milk remaining each day will be converted to Yorghut.The rest of the funds will be used to cater the emergency orders i will be getting and other production costs.
Thanks once again and happy new year 2016.
Kind regards,
Elijah Mwangi
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,022.00
Date disbursed
Jan 14, 2016
Repayment status
On Time
Projected term
11 months
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