Expand my bakery business

Osborn Karema

Malindi, Kenya

17% repaid

Entrepreneur

Name

Osborn Karema

Location

Malindi, Kenya

On-time repayments

209 weekly installments  •  84%

About Me

My name is Osborn Karema.
I am a class eight leaver. I did not make it to high school because of financial constraints.
I resolved to work with mumtaz company Ltd. I saved and started my business of supplyt loafs from mumtaz bakery to retailers.
I like our culture because it is aesthetic.
My future children will be leaned than me, that is my wish.

My Business

In my business i supply loaves of breads.
I like this business because it is paying. I earn almost $5.
I started with $100.
I would like to expand my business to reach more retailers.
By doing that I will increase my earning.
This will give me more customers.
If i get this loan i wil use it to buy even more breads for sell to the customers.

Loan Proposal

So far my bakery business is doing very well. I usually back loves and cakes then I supply them to retailers in shops and kiosks. I use a vehicle to transport the goods to every door of a shop to deliver my products.
I am requesting this loan therefore to help me increase the production in the bakery and also be able to hire some people to help me in packaging as well as supplying to the retailers shops.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$661.50

Date disbursed

Jul 24, 2019

Repayment status

Late

Projected term

10 months

Cost to entrepreneur

Service fee: 5% of $661.50 = $29.73

Credit risk payment: $89.21

Lenders

Brian

Midhurst, Canada

Elinor

Maple Lake, MN, United States

Spyque

Saint James, United States

SKWAW

SHANTY BAY, ONTARIO, Canada

MarktheMormon

Sandy, Utah, United States

P

pmyadlowsky

Charlottesville, United States

A

AlexCheng

Seattle, United States

L

lujabe

Melbourne, Australia

A

anonymous123

United States

C

cyrilleberger

Gammalkil, Sweden

F

florian

Mettmenstetten, Switzerland

Mannysgirl

Surrey, Canada

Erica

Caledon, Canada

ads68

Melbourne, Australia

Sunnyside

Stafford, United Kingdom

Bobrm2k3

Charleston, United States

MichaelOsburg

Hochheim, Germany

M

Marlin

-, Austria

ShaneS

Port Pirie, Australia

stever

Cape Coral, United States

JonB

London, United Kingdom

M

mzhope

Harrisburg, United States

MrMichigander

Marquette, United States

SBlue1

Germany

M

Mullagh

United Kingdom

KrautFunding

Hamburg, Germany

Landerson

Edinburgh, United Kingdom

Otto Barten

Amsterdam, Netherlands

M

MikeOWave

United States

G

GEMMGMT

United States

P

pnrjulius

United States

organic

Portugal

HL

Holly Laird

Austin, United States

JL

Joao Leal

United Kingdom

Nigel Titley

Milton Keynes, United Kingdom

matt carroll

London, United Kingdom, United Kingdom

W

Wade

United States

Dayton

Vancouver, Canada

DF

Daniel Fehr-Krahn

Winnipeg, Canada

G

Graham

United States

Kate Courteau

United States

Lou Kaucic

Sanbornton, NH, United States

JT

John Tabacchi

United States

E

erica

antwerpen, Belgium

Julia

United States

KL

Ket Lin

United States

YM

Yelka Mikolji

United States

ME

Manaal Eisa

Washington DC, United States

TH

tom hd

United Kingdom

Carla

Amsterdam, Netherlands

M

Mart

United Kingdom

Mark Grey

Redding, CT, United States

AH

ajay hampapur

United States

E

eriklonnroth

United Kingdom

GT

Gowan Tervo

United States

wissam

Jeddah, Saudi Arabia

Joe Lamantia

Reston, Virginia, United States

A

Adam

United Kingdom

M

Mark

United States

Diego

Monza, Italy

Christopher Hey

Sudbury, Canada

KN

Ken Nielsen

United States

Taylor

Memphis, United States

Cliff

United States

M

mariamfula

United States

Wayne G

United States

SH

Steven Huntington

London, United Kingdom

Dan Michael

Oslo, Norway

Thomas

Sweden, Sweden

Gabriel Fenili

Santo André, Brazil

CC

Chris Cutter

United States

JC

Justin cohan

United States

RB

Rohit Bhatia

United States

V

Vidar

Oslo, Norway

P

Phips

Switzerland

I

isaac

United Kingdom

RC

Rudi Chen

United States

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

GC

Greger Cronquist

Göteborg, Sweden

C P

Mazatlan, Mexico

K

Kenny

United States

United States

GA

Giovanni and Yelena

New York, Ny, United States

JA

Jan Andresen

Hamburg, Germany

M

mani

United States

SA

Shar Alamdari

Los Angeles, United States

MC

Mark Cowburn

United States

I

ibaer

Germany

Ed

Howells, United States

T

TP

United States

petter

Finland

Jennie

Milan, Italy

C

Camm

Australia

GH

Gary Horneman

United States

Sayuri

United Kingdom

A

Anonymous

United States

D

Dan

Australia

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