21 weekly installments • 90%
Am Berur, of 30yrs, a very hardworking and humble chap, am the 1st born of 4 siblings. I went to Jodan college here in Thika Kenya and attained food and beverage production certification. I got deep interest in mass production of Yogurt. I have perfected the art, that am only waiting for time and resources that i may open my own mass producing company. I also have proper knowledge and skills in fresh farm juice production. At the moment i only do small quantity production in my house, that i do supply to restaurants here in Thika.
As of now i do produce Yogurt of about 50 Litres per day, that i do supply to my clients here in Thika, i do major on three flavors, Strawberry, Vanilla and Mango. I do use my profits to pay my 2 precious kids education fee and the and try to save small that i may grow the business in the nearby future.I also have 5 dairy cows back in the village but only 2 are lactating as of now, the 3 are expectant and in 3 months time all will be producing milk in high volumes. The demand for Yoghurt here is high that it requires me to do mass production, but the challenges are the capital for buying a bigger deep freezer and renting a production and sales room.
In this Corona pandemic season I thank God that 4 of my dairy cows are lactating and there's plenty of milk to sell .
It's the planting season here and I need some boost in farm raw products.
I want to buy the fertilizer and seeds for farming. Nonetheless it will help me purchase yoghurts manufacturing ingredients of which I normally buy in large numbers that will be used for one full month
Just as I paid the former loan with ease so will I with this one since I have lactating cows and again the removal of lockdown here in kenya has lead to the growth and condusive environment for businesses.
Restaurants are back to work and so the demand for yoghurts and dairy products is high in demand
Feb 26, 2021
Cost of loan
Service fee: 5% of $229.19 = $11.46
Credit risk payment: $36.66