Name
Muthoni
Member since
May 2013
On-time repayments
33 installments • 18%
My name is Josephine Muthoni Gatune and a resident of Nakuru county.l do business in Mangu center and am not married.am a graduate and after long search for a job in the formal sector with no success l started selling milk to the residents of Mangu center where l use to distribute the milk mainly to the hotels within the center.but later with the help of my parents l managed to open a milk bar where l collect the milk from the farmers within and sell to the local residents. This enables me to earn a living and support my siblings who are still in school as well as do some personal development.
l started the business three years ago.l collect the milk from the farmers at ks 30 per liter and sell at ks 40 per liter.this enables me to make an average gross profit of ks 1500 per day.The demand for milk is very high in the area because of the many residents of mangu center and due to the scarcity especially during the dry seasons.for me to make sales l make sure that my prices are affordable to the customer and sell quality milk so as to avoid losses and competition from processed milk.if advanced with the loan l will be able to buy more milk and increase the sales.
Dear lenders,first l want thank the zidisha platform for giving me an opportunity to develop myself and grow the business.l do sell milk in l will use the loan the money to buy more milk so as to increase the sales and expand the business.May Almighty God bless you for the good job that you are doing.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 12, 2013
Repayment status
On Time
Projected term
15 months
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