Chest freezer for my snacks business
Caroline
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Caroline
Member since
July 2015
On-time repayments
284 installments • 32%
About Me
I am a rural girl, having been born in the Machakos region of Kenya. I, however, currently reside in the bustling capital city of Nairobi where I am employed. I am married with two lovely boys. In my current post, I am a logistics officer for a beverages company, but on my off days I enjoy doing things with my hands and spending time with my family. I also enjoy the outdoors and love to travel when time allows.
My Business
I have dabbled in the making of custom, home-made carpets in the past with some measure of success. I have recently decided to shift focus to the making and selling of snacks. I have long had a passion for cooking. I enjoy trying out new recipes to cook meals for my family in my free time. I have also catered for my friends' parties in the past and received good feedback on the quality of food served. I intend to put these talents to good use in my new venture.
Loan Proposal
As i have expanded my business, i have been on the look out for new products to add to my offering. Quite recently, I discovered that i could make quite good margins by including fried chicken in the menu. My take on it is small servings that my clients are able to afford such as wings and drumsticks as opposed to whole pieces of chicken. I have found that it is cheaper to buy my meat in bulk but i currently have quite limited space in my current apartment-size fridge that i have in shop. My plan is to acquire a good size chest freezer which cost about 480 USD. I would also need to procure a volt guard and stand for the unit which should cost about 60 USD. With this equipment, i will be able to reduce spoilage, purchase meat products cheaply in bulk which will improve my profit margins.
About Me
I am a rural girl having been born in the Machakos region of Kenya. I however currently reside in the bustling capital city of Nairobi where I am employed. I am married with two lovely boys. In my current post, I am a logistics officer for a beverages company but in my off days I enjoy doing things with my hands and spending time with my family. I also enjoy the outdoors and love to travel when time allows.
My Business
I have dabbled in the making of custom, home-made carpets in the past with some measure of success. I have recently decided to shift focus to the making and selling of snacks. I have long had a passion for cooking. I enjoy trying out new recipes to cook meals for my family in my free time. I have also catered for my friends' parties in the past and received good feedback on the quality of food served. I intend to put these talents to good use in my new venture.
Loan Proposal
As i have expanded my business, i have been on the look out for new products to add to my offering. Quite recently, I discovered that i could make quite good margins by including fried chicken in the menu. My take on it is small servings that my clients are able to afford such as wings and drumsticks as opposed to whole pieces of chicken. I have found that it is cheaper to buy my meat in bulk but i currently have quite limited space in my current apartment-size fridge that i have in shop. My plan is to acquire a good size chest freezer which cost about 480 USD. I would also need to procure a volt guard and stand for the unit which should cost about 60 USD. With this equipment, i will be able to reduce spoilage, purchase meat products cheaply in bulk which will improve my profit margins.
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$548.00
Date disbursed
Feb 8, 2017
Repayment status
On Time
Projected term
19 months
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Summary
Amount repaid
$534.69
Amount remaining
$0.00
Date repaid
Jul 23, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 19, 2017 | $19.67 | Feb 17, 2017 | $19.67 |
| Feb 26, 2017 | $19.67 | Feb 27, 2017 | $14.75 |
| Mar 1, 2017 | $4.92 | ||
| Mar 5, 2017 | $19.67 | Mar 9, 2017 | $19.67 |
| Mar 12, 2017 | $19.67 | Mar 20, 2017 | $19.67 |
| Mar 19, 2017 | $19.67 | Mar 26, 2017 | $19.67 |
| Mar 26, 2017 | $19.67 | Apr 19, 2017 | $19.67 |
| Apr 2, 2017 | $19.67 | Apr 19, 2017 | $19.67 |
| Apr 9, 2017 | $19.67 | Apr 19, 2017 | $19.67 |
| Apr 16, 2017 | $19.67 | Apr 19, 2017 | $19.67 |
| Apr 23, 2017 | $19.67 | May 3, 2017 | $19.67 |
| Apr 30, 2017 | $0.00 | ||
| May 7, 2017 | $0.00 | ||
| May 14, 2017 | $0.00 | ||
| May 21, 2017 | $4.92 | May 15, 2017 | $4.92 |
| May 28, 2017 | $4.92 | May 15, 2017 | $4.92 |
| Jun 4, 2017 | $4.92 | May 26, 2017 | $4.92 |
| Jun 11, 2017 | $4.92 | May 26, 2017 | $4.92 |
| Jun 18, 2017 | $4.92 | Jul 5, 2017 | $4.92 |
| Jun 25, 2017 | $4.92 | Jul 11, 2017 | $4.92 |
| Jul 2, 2017 | $4.92 | Jul 20, 2017 | $4.92 |
| Jul 9, 2017 | $4.92 | Jul 21, 2017 | $4.92 |
| Jul 16, 2017 | $4.92 | Jul 22, 2017 | $4.92 |
| Jul 23, 2017 | $4.92 | Jul 22, 2017 | $4.92 |
| Jul 30, 2017 | $4.92 | Jul 22, 2017 | $4.92 |
| Aug 6, 2017 | $4.92 | Jul 22, 2017 | $4.92 |
| Aug 13, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Aug 20, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Aug 27, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Sep 3, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Sep 10, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Sep 17, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Sep 24, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Oct 1, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Oct 8, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Oct 15, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Oct 22, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Oct 29, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Nov 5, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Nov 12, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Nov 19, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Nov 26, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Dec 3, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Dec 10, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Dec 17, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Dec 24, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Dec 31, 2017 | $4.92 | Jul 23, 2017 | $4.92 |
| Jan 7, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Jan 14, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Jan 21, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Jan 28, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Feb 4, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Feb 11, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Feb 18, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Feb 25, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Mar 4, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Mar 11, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Mar 18, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Mar 25, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Apr 1, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Apr 8, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Apr 15, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Apr 22, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Apr 29, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| May 6, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| May 13, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| May 20, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| May 27, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Jun 3, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Jun 10, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Jun 17, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Jun 24, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Jul 1, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Jul 8, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Jul 15, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Jul 22, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Jul 29, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Aug 5, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Aug 12, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Aug 19, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Aug 26, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Sep 2, 2018 | $4.92 | Jul 23, 2017 | $4.92 |
| Sep 9, 2018 | $3.59 | Jul 23, 2017 | $3.59 |
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