Purchase milk directly from farmers for retail shop

Nerbat

Nairobi, Ongata Rongai, Kenya

100% repaid

Entrepreneur

Name

Nerbat

Member since

July 2013

On-time repayments

102 installments  •  81%

About Me

I am 27 yrs old married with three children of school going age. all in school.I have a form four level of education and i live and stay in ongata rongai an outskirt town of Nairobi. i started my business Five years ago to make a living after being in informal employment for some years where i was not able to support my family. with my monthly income of about 37000 i am able to educate and feed my family and support my parents. I have a dream to improve myself financially as i know i have not fully attained my financial capabilities.

My Business

I am a motorbike taxi rider where i ferry people from Kware bus stage in ongata rongai to and from their homes. there is high demand for such services as the homes are very far from the main road and bus stage and some interior roads are not accessed by cars. i have many customers due to my experience maturity and characters people trust me unlike my competitors who are younger than me. The business is profitable as the cost of running a motorbike are very low and easy to manage as it deals with direct contact with the customers who are your employers.

Loan Proposal

Hello Lenders,

Thanks once again for the 3rd loan. It real helped me a lot as savings had never been easier for me as it is now. I am a motorbike operator and i get money in bits which previously had been hard for me to save. It is overwhelming to look how my shop which is operated by my wife has grown thanks to the loan given to me.
I am intending to use the next loans to start supplying some shop items in wholesale. Milk for example, has been my hot stock and i am planning to start buying it from farms directly which will enhance my profits. by doing these i will avoid the intermediaries therefore increasing the profits. I will also be supplying to other shops in the location.

Thank you for your continued support.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$306.00

Date disbursed

Mar 13, 2014

Repayment status

On Time

Projected term

3 months

Lenders

Aahz

Manchester, United States

P

ploeger

Perkasie, United States

A

Alicee

Munich, Germany

Greg1

Southampton, United Kingdom

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

C

CZC

Lake Zurich, United States

Matthieu

Switzerland, France

ShaneHeneghan

Galway, Ireland, Belgium

G

GreenMoney

Lahr, Germany

S

SimonAngus

South Africa

bcortazar

Peckville, United States

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Summary

Amount repaid

$319.07

Amount remaining

$0.00

Date repaid

Jun 17, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 24, 2014 $21.27 Mar 24, 2014 $21.27
Mar 31, 2014 $21.27 Mar 24, 2014 $21.27
Apr 7, 2014 $21.27 Mar 24, 2014 $21.27
Apr 14, 2014 $21.27 Mar 24, 2014 $21.27
Apr 21, 2014 $21.27 Mar 24, 2014 $20.80
Apr 19, 2014 $0.47
Apr 28, 2014 $21.27 Apr 19, 2014 $21.27
May 5, 2014 $21.27 Apr 19, 2014 $21.27
May 12, 2014 $21.27 Apr 19, 2014 $21.27
May 19, 2014 $21.27 Apr 19, 2014 $21.27
May 26, 2014 $21.27 Apr 19, 2014 $21.27
Jun 2, 2014 $21.27 Apr 19, 2014 $4.94
May 19, 2014 $16.33
Jun 9, 2014 $21.27 May 19, 2014 $21.27
Jun 16, 2014 $21.27 May 19, 2014 $21.27
Jun 23, 2014 $21.27 May 19, 2014 $0.15
Jun 16, 2014 $21.12
Jun 30, 2014 $21.27 Jun 16, 2014 $21.24

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