Elijah Mwangi
Ongata Rongai, Kenya
100% repaid
Name
Elijah Mwangi
Member since
August 2013
On-time repayments
187 installments • 72%
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.
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
Thank you lenders for the previous loans that you have been advancing to me. They have been a real revelation to me as they have impacted my saving habits positively.
The Loan i am applying will be used to buy a fridge to my milk shop as well add milk inventory to my already established milk shop. Since i opened the shop, it has really subsidized the income i get from my BodaBoda motorcycle taxi business.
I have been gathering my customers for over a year now and maintaining them means not disappointing them whenever they make orders.
I am planning to add inventory of milk Gallons of 200 dollars about dollars buy a fridge costing 400 dollars that will be used to preserve it. This will completely solve the shortages that i have been experiencing. This will also ensure my current and potential customers will get milk whenever they need it.
Thank you once again for your efforts towards changing the lives of many kenyans. Greetings from my family.
Positive
14
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$740.00
Date disbursed
Mar 18, 2015
Repayment status
On Time
Projected term
11 months
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