Increase stock to boost my milk business
Nicholus Ngige
Nakuru, Kenya
$0 to go
100% funded of $89 goal
0
days left
Entrepreneur
Name
Nicholus Ngige
Member since
May 2016
On-time repayments
23 installments • 39%
About Me
My name is NICHOLUS NGIGE GACHANJA, born in Nakuru country. Am firstborn in family of six. Education level to form four.due to lack of capital to start business I had no option but to small laborer in order to save. To startup small business. Coming from Kikuyu community in Kenya we love entrepreneur business and farming. Am father of three ten,five two years respectively, my firstborn is in class four says she would like to accountant second born would like to be a doctor. My hobby tour and travel but since I don't have that financial powar I usually pass time watching TV.
My Business
My wife and I own a small business, that we sell milk from as early six O'Clock morning to ten O'Clock midmorning. And then six pm to eight pm evening. Then my wife and I have another small business that we sell secondhand shoe that she operated whole I on the other hand am a public service vehicle driver which normally runs from seven morning to seven at evening but the problem with my job is an on and off job that means I can be at this week or two weeks and then off for month. I do like my job bcoz it let me it allows me to learn many thing and be able to try live. In the milk business we normally sell fifty to sixty litres of milk that earns us five hundred shillings. Our monthly income ranges to twenty to thirty thousands shillings that caters on rent, food,school fee, utility bills, clothing, and saving for reinvestment. I would like to be self employed in future if possible and be eble to run my own business. And also empower other by employment. In God I trust.
Loan Proposal
I wish to ask for a loan funding to boost my milk business so that I can have an extra earnings, adding my milk business stock. Like now I sale 25-30 litres a day, I hope if I do get funding I would increase 45 to 50 litres a day and with that I will making more profit from the business. Nawadays formers requires to be pay upfront. So funds will help me secure more milk.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$89.00
Date disbursed
May 31, 2017
Repayment status
Late
Projected term
5 weeks
Other loans
Lenders
United States
United States
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