Dairy and shop expansion

Morisi

Nyansiongo, Kenya

100% repaid

Entrepreneur

Name

Morisi

Member since

January 2015

On-time repayments

190 installments  •  77%

About Me

iam moris evans from the large moris family .I own a food retail shop as I said before and am very happy to be among your beneficiaries.I have been working you for almost three years now and I intded to work with you as long as am in business.

My Business

I own a retail business which is the source of my income. am happy with your continued support.from the am make gross sales of 25000 weekly that translates to shs 10000 profit weekly. from this retail shop am able to Carter fo my expense s .

Loan Proposal

THE previous loan was more than a stepping stone to my business and to my life. i started off in a simple way but now i can see myself going far and achieving more than I had thought. Having that plan to put up a shop within the locality, I will request that you add me some funds to add up to the capital I have already raised to start that one up. The shop will be stocked with the fast moving goods that will help me raise more capital towards expanding it more but that will be in the future after I have already done the foundation. My target for the shop this year is to have a good and enough stock for the business to operate independently.
My dairy needs to be on the move. Currently it has expanded in terms of the customer growth base and the volume of the milk it handles per day .however, there are some things I have not done to put quality on the top. I have an idea to put up a boiler to boil the milk and also I have the plan in the near future to bring a fridge tat will cushion me from the customers who work for longer hours. This comes as a challenge because those working for long find me off-gurd because I don’t have the facilities to store my milk for longer hours.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$83.00

Date disbursed

Mar 11, 2015

Repayment status

On Time

Projected term

16 months

Lenders

Paul Buchheit

Mountain View, United States

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