Augaustine
Nairobi, Kenya
$0 to go
100% funded of $81 goal
0
days left
Name
Augaustine
Member since
February 2017
On-time repayments
18 installments • 61%
I studied in Matungulu secondary. I am a humble young man with a clear vision in life. I am kind hearted and I love participating in charity activities and helping those in need in every possible way . I participate in Skating competitions in Kenya. From the little income I get, I saved enough to start my business. Our land has aculture of running. We produce some of the best athletes that are well known all over the world. I would wish my kids to be lawyers when they grow up.
I am a farmer. Farming is an art that I have mastered and I love doing it. This kind of business because it is put food on the table of many and thus helping to sustain humanity. I invested in this business because its easy to run and it's also cheap, with minimum investment one can get so much returns. My running costs are mainly farm supplies that I use to efficiently run the farm. My revenue is $200 monthly. I use the profits to pay school fees and reinvestment.
I will use the loan to purchase a coolant box($100) for stroring temporarily some of the excess milk I produce which occasionally gets spoilt due to poor storage conditions resulting to losses.
This project will be important because my milk won't be spoilt again should I fail to sell it . My clients will also be more satisfied because I will have steady supply of milk all through.
Through this project my profits is expected to rise by $4 per day. This will majorly be from the sale of milk that initially would be spoilt due to poor storage conditions.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$81.00
Date disbursed
Jun 16, 2017
Repayment status
Late
Projected term
6 weeks
Other loans
Ask Augaustine a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.