Business expansion

Daniel

Mochenwa, Kenya

Expired

$1,445 to go

0% funded of $1,445 goal

0

days left

Entrepreneur

Name

Daniel

Member since

August 2015

On-time repayments

263 installments  •  73%

About Me

My name is Daniel Machooka. I was raised in a Christian family of eight but, unfortunately, I lost my father at a tender age. My mum took up the responsibility. I grew up like other children. When I realized what my mum was going through, I decided to assist my mum with all my effort, to do some manual work to assist, and even buying school uniforms and small things. I went through primary level and secondary level schools. Due to lack of fees, I managed to get a certificate in plumbing and pipe fitting.
Due to what I went through, it made me focus far so that I live a great and better life. I have worked hard to change what we used to be all seen to be, lives do change.

My Business

Dear lenders, I thank you once more for the good work and support you're giving us, more so to my business up to now. You are great people. Thank you so much and may God bless you always.
From my previous loan I have managed to do a lot projects like adding electricals to my shop. I planted trees, bananas, which are doing so well.

Loan Proposal

To start with Kerosene I want to increase the stock by 50% so as to reach the demand by 70% and this will increase the profit which will enable me to meet my expenses as always and the side of the milk i want to increase the cartons from 70 to 100 so as from the day of delivery I will sell until the next without missing the target.the side of the eggs I want it to reach 150 creates to balance the demand.
Kerosene= $500 for this amount i will manage to secure around 600ltrs and this will make up to $19 per stock.
Milk =$350 from this i will purchase 73 cartons and out of this i will make$7 per stock.
Eggs =$400 and on this side i will purchase 131creates out of this i will make a profit of $12.5 per week
the remaining i will add maize flour =$153 out of this every week i will purchase 16 bail every week and after sale the profit will be $15.2.this means i will be able to repay my loan without a problem.
thank you so much zidisha team.

Show original English  

About Me

my name is Daniel Machooka who is was raised in a christian family of eight,but unfortunately I lost my father in tender age,my mum took the responsibility,I grew up like other children.when I realized what my mum was going through, I decided to assist my mum with all my effort,to do some manual work to assist even buying school uniform and small things.I went through primary level,secondary level. due to lack of fees I managed to get a certificate in Plumbing and pipe fitting.
Due to what I went through it made me to focus far,so that my I live a great and better life.I have worked hard to change what we used to be all seen to be,live do change.

My Business

`KEROSENE DEPOT
As additional to my previous loan of $990.4 of November 2017 I managed to purchase and install the kerosene pump as I stated from previous loan proposal .All went well no problem so far so good.as a matter of fact the customers are so happy because`the quantity is much more and quality is best what they trust,the demand has gone higher as you know even if the competition is there am much higher than them,its your effort which has taken me so far.From my last loan I managed to make around 50% almost equal to$490 which assisted me to clear my loan, bills in advances,and the remaining I added in my growing business. Am happy that the business is growing every day.

Loan Proposal

To start with Kerosene I want to increase the stock by 50% so as to reach the demand by 70% and this will increase the profit which will enable me to meet my expenses as always and the side of the milk i want to increase the cartons from 70 to 100 so as from the day of delivery I will sell until the next without missing the target.the side of the eggs I want it to reach 150 creates to balance the demand.
Kerosene= $500 for this amount i will manage to secure around 600ltrs and this will make up to $19 per stock.
Milk =$350 from this i will purchase 73 cartons and out of this i will make$7 per stock.
Eggs =$400 and on this side i will purchase 131creates out of this i will make a profit of $12.5 per week
the remaining i will add maize flour =$153 out of this every week i will purchase 16 bail every week and after sale the profit will be $15.2.this means i will be able to repay my loan without a problem.
thank you so much zidisha team.

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Loan Info

Project Type

Classic Loan

Amount requested

$1,445.00

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