Expand my milk stock on my retail shop
Elijah
Ongata Rongai, Kenya
100% repaid
Entrepreneur
Name
Elijah
Member since
August 2013
On-time repayments
187 installments • 72%
About Me
I am 30 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 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
This loan amount am applying will be used to produce milk product e.g
Yoghurt , cheese , $900 for stock and $600 to produce cheese.
Kindly regand
Elijah mwangi
Loan Proposal
Thanks once again for all the Zidisha family for all the loans that you have been advancing me. Greetings from my entire family. The loans have real impacted me and really improved my saving habit.
The loan i am applying now will be used to expand on my milk business which i had established using the earlier loan. This is because it has proofed to be a real revenue addition to subsidize my Motorcycle taxi Business.
I have gotten a sizable trustworthy network of milk customers who have put trust in me and as we are approaching festive season i want to plan my supplies early not to disappoint them.
I will add a milk stock of Ksh. 30,000 and the balance will be covering shortages and stock outs during times when deliveries have not been paid for.
.
Thanks once again for your continued support.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$513.00
Date disbursed
Nov 10, 2014
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Redmond, United States
United States
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