Financing milk atm for dairy business

Kellyabwo

Nakuru Y.m.c.a, Kenya

100% repaid

Entrepreneur

Name

Kellyabwo

Member since

April 2014

On-time repayments

59 installments  •  68%

About Me

I am a committed Christian I attend Nakuru Central S.D.A church in Nakuru town. I was born in Tinga
village Nyamira county in 1985, I later on joined my education wherby I attended Nyaikuro primary school which is in Bogwendo sublocation, Manga Division situated in Nyamira County. I undertook high school education at Kebirigo high. After my secondary I joined Brilliant College of Accountancy where I did my K.A.T.C (technical level) and my CPA (professional level 1-5 ) I later joined Achivers college of professionals for my Final level ( CPA 6). I graduated in decenber 2016 from at Kabaraak University in Nakuru with bachelor's degree in commerce (B-COM) Finance option second class upper. I am currently Working with as a schools auditor Nakuru County. Beside this am running a business in section 58 Nakuru. During my free time I like social work as a way of giving back to the community, mentoring the younger generation through motivational talks and watching football especially during the weekends.

My Business

I operate a kiok business in section 58 in nakuru approximately one and half kilometers from Nakuru town. Where I sell food stuffs such as unga(flour), biscuits, sweets, mandazis, phone airtime which are fast moving products. I choose do engage in this business because of the high population in this area and so many road juctions in this area which gives me a very big number of customers hence high stock turnover in a week enabling me to make high returns. Despite of having other kiosks around my customers tend to love my shop due to the quality of services and customer friendliness of my place this has enabled me attract and retain more customers throughout the years.
In a month am able to make averagely USD 1000 in normal times but upto USD 1200 in peak seasons I.e when schools close in April, August and December when the population of people with families increase tremendously. Am also projecting high demand of my products due to the favourable. climate in the fourth comming general elections. My expenditures for the month include; Rent, electricity, labour and purchases which translate to averagely USD 700 in a month.In addition am operating milk ATM which has really booster not only my income but also the community at large.

Loan Proposal

Am intending to utilize the funds to finance the milk ATM which I acquired through hire purchase as I had paid the deposit and subsequent installment. Am intending to use 200 dollars to make the installments and the remaining amount of about 100 dollars in route running of the business to purchase milk. I project an increase in my returns at 3%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$312.00

Date disbursed

Dec 13, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Pere

Barcelona, Spain

Cloudways

Malta, Malta

Paul and Rachel

London, United Kingdom

fairspirit

Utrecht, Netherlands

sderickson

Berkeley, CA, United States

J

jsbisa

New Orleans, Louisiana, United States

Grant Xavier Storer

Seattle, Wa, United States

A

andreab

United States

Dave Bogard

New York, United States

SteveFylde

United Kingdom

Jake Badger

Roskilde, Denmark

TH

tom hd

United Kingdom

AH

ajay hampapur

United States

Jennifer

Berlin, Germany

JR

Jacob Rolon

United States

JC

juli camrud

United States

R

RMIM

United States

A

Aaron

United States

Mike

Indianapolis, United States

Paul Buchheit

Mountain View, United States

Tyler Metcalf

Utah, United States

A

Anonymous

United States

afaness

Germany

N

Nicholas

Australia

Jim Murray

United States

Carsten Thurau

Hopsten, Germany

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