Business loan

Edmond

Nairobi , Kenya

100% repaid

Entrepreneur

Name

Edmond

Member since

June 2017

On-time repayments

14 installments  •  36%

About Me

I grew from a stable family with good up bring until when i lost my mum. That's when life took a turn it was tough but we managed to go through school. I managed the hardship by working hard towards an independent life being positive and hoping for the best the little money i made i would save it for tomorrow.

My Business

In my neighborhood there's a lot of animal keeping and milk is available. I started by buying milk from farmers and selling it. It was a great venture for me because everyone needs milk on a daily basis despite the risk that comes with selling milk i overcame and everything was great. I had to look outside the box and think of any other thing i can do with milk and make more money. The idea of yoghurt came up and therefore i had to go learn and come up with away of making yoghurt. The cost is high because you have to pay farmers in time to avoid disappointment and encourage them to keep on with the supplies. I make revenue by selling it to my customers directly or through retailers. The profits i make i use it in paying all the people who help me through it some i add to the business while the rest i save for future use and growth of the business

Loan Proposal

Increase my supply demand thus creating a big environment for the growth of my business and satisfying my customers through earning some income

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

Jun 10, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

Paul Buchheit

Mountain View, United States

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