Buy fridge for preserving milk

Peter

Bahati, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

March 2014

On-time repayments

169 installments  •  58%

About Me

My Name is Peter Ruo born in the year 1992 . I joined murungaru primary school then i was admitted to murungaru secondary school.i passed very well but parent were not able financialy to cater for my higher education the little amount they had they opted to take me for a computer course Am married in family and am blessed with one child. I live in Bahati division in Nakuru county. I started a business to get daily bread and to cater for future challenges (to get money for future use).My business is situated at Karunga shopping centre.

My Business

BUSINESS
After finishing the course I decided to go back home and started helping my parent in farming. I started saving little money which my parents gave me after they sell the cash crop and is saved enough to enable me buy a calf. I reared the calf until now has started producing milk. It has given me more calves and after selling them I decided to add another cow so that I could be producing more milk to sell to my customers I also buy milk from other farmers. From income I get I decided to buy super taper for shaving. I have employed someone to help in the Kinyozi. Due to the high demand of milk, it come a new rule that the milk to be transported using aluminum milk cans. My business has many customers and I get more profit of about ksh 40,000 per month that is ksh 480,000 annually.

Loan Proposal

i would like to buy a Fridge for prevesering milk now that i have been collecting more milk because i have been having many customers so far. in order to preserve the when it is excess to sell slow when the need arise. i will use KES 30,000 to buy the fridge and the remaining i will use for transporting milk and also to renew my business premises.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$384.00

Date disbursed

Sep 1, 2015

Repayment status

On Time

Projected term

13 months

Lenders

Franmiguel

Perth, Australia

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