Name
Daniel
Member since
August 2015
On-time repayments
263 installments • 73%
My name is Daniel Machooka. I was raised in a Christian family of eight but, unfortunately, I lost my father at a tender age. My mum took up the responsibility. I grew up like other children. When I realized what my mum was going through, I decided to assist my mum with all my effort, to do some manual work to assist, and even buying school uniforms and small things. I went through primary level and secondary level schools. Due to lack of fees, I managed to get a certificate in plumbing and pipe fitting.
Due to what I went through, it made me focus far so that I live a great and better life. I have worked hard to change what we used to be all seen to be, lives do change.
Dear lenders, I thank you once more for the good work and support you're giving us, more so to my business up to now. You are great people. Thank you so much and may God bless you always.
From my previous loan I have managed to do a lot projects like adding electricals to my shop. I planted trees, bananas, which are doing so well.
As I have stated above I am not fully loaded to satisfies all the needs of my customer in two types of commodity:my first option goes to eggs, the demand of it has gone very high high compared when I started in my area,right now am capable to buy 40 to 50trays and that is not enough to me according to the demand,but if i hard enough capital I will be able to purchase large quantity like 60to 80 trays and this will reduce expenses like transport and man power the result will be the increase of the profit.like now if I can sell 50trays per week i make at least $ 4.8profit which is a good profit for me .and if am going to double my purchasing power the profit will double . to get this to continue I need like $193.3.
The second one is long life milk,when I started I used to purchase 4 cartons per week but right now am able to purchase more than 10 cartons per week making like $5.7.the demand of this has made me to purchase in large quantity to reduce transport cost and middle men so as to deal with company agent direct even though they are far it will be cheaper than engaging in a lot of middle men.As now am able to make around $ 14.3 per week which I use to add some small good which are not highly demanded.to make this happen I need around $201.9 and $ 19.0 will go for transport. In total I need $414.2 .lastly just like I comfortably repaid my previous loans I am optimistic I will do the same with my next loan
my name is Daniel Machooka who is was raised in a christian family of eight,but unfortunately I lost my father in tender age,my mum took the responsibility,I grew up like other children.when I realized what my mum was going through, I decided to assist my mum with all my effort,to do some manual work to assist even buying school uniform and small things.I went through primary level,secondary level. due to lack of fees I managed to get a certificate in Plumbing and pipe fitting.
Due to what I went through it made me to focus far,so that my I live a great and better life.I have worked hard to change what we used to be all seen to be,live do change.
`KEROSENE DEPOT
As additional to my previous loan of $990.4 of November 2017 I managed to purchase and install the kerosene pump as I stated from previous loan proposal .All went well no problem so far so good.as a matter of fact the customers are so happy because`the quantity is much more and quality is best what they trust,the demand has gone higher as you know even if the competition is there am much higher than them,its your effort which has taken me so far.From my last loan I managed to make around 50% almost equal to$490 which assisted me to clear my loan, bills in advances,and the remaining I added in my growing business. Am happy that the business is growing every day.
As I have stated above I am not fully loaded to satisfies all the needs of my customer in two types of commodity:my first option goes to eggs, the demand of it has gone very high high compared when I started in my area,right now am capable to buy 40 to 50trays and that is not enough to me according to the demand,but if i hard enough capital I will be able to purchase large quantity like 60to 80 trays and this will reduce expenses like transport and man power the result will be the increase of the profit.like now if I can sell 50trays per week i make at least $ 4.8profit which is a good profit for me .and if am going to double my purchasing power the profit will double . to get this to continue I need like $193.3.
The second one is long life milk,when I started I used to purchase 4 cartons per week but right now am able to purchase more than 10 cartons per week making like $5.7.the demand of this has made me to purchase in large quantity to reduce transport cost and middle men so as to deal with company agent direct even though they are far it will be cheaper than engaging in a lot of middle men.As now am able to make around $ 14.3 per week which I use to add some small good which are not highly demanded.to make this happen I need around $201.9 and $ 19.0 will go for transport. In total I need $414.2 .lastly just like I comfortably repaid my previous loans I am optimistic I will do the same with my next loan
Positive
5
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$451.00
Date disbursed
Apr 7, 2016
Repayment status
On Time
Projected term
3 months
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