Freezer and blender for sodas and fresh juice at our chips & soft drinks business

Lavine

Siaya, Kenya

4% repaid

Entrepreneur

Name

Lavine

Member since

November 2016

On-time repayments

156 installments  •  15%

About Me

I am a 20 year old Kenyan college girl.
I was born in Kadenge, Siaya county and went to school in Barchando Girls Secondary School.
I am now a first year college student at Kisumu National Polytechnic where I study social work.
When not in school, I help with my mum's chips business.
I was raised by a widowed mother and so I was introduced to business early because that's what paid my fees.

My Business

I work at a small chips shop. We sell sodas and also fresh juice and fruits.
The business is located near Dominion Farms. It provides us with customers (workers) who buy chips and sodas for lunch.
Not so many people engage in this business, so we have enough customers.
We buy a sack of potatoes at 2800 which we sell at 4000 within a week after making chips. We buy a crate of sodas at 1080 which we sell at 1400 and we buy and sell 3 crates daily.
The profits are used for our upkeep and my school fees

Loan Proposal

First, I am grateful for my last loan. I wish to post another loan.
I intend to buy a freezer which will cost $400.
We will use this to cool sodas for sale. Siaya being hot climatically, this will increase our sales.
I will also buy a blender to blend fresh fruits for juice and cool them in the freezer for sale.

Show original English  

About Me

I am a 20 year old Kenyan college girl.
I was born in kadenge says county and went to school in Barchando girls secondary school.
Am now a first year college student at Kisumu national polytechnic where I study social work.
When not in school I help with my mum's chips business.
I was raised by a widowed mother and so I was introduced to business early because that's what paid my fees.

My Business

I work at a small chips shop. We sell sodas and also fresh juice and fruits.
The business is located near Dominion farms.It provides us with customers (workers) who buy chips and sodas for lunch.
Not so many people engage in this business so we have enough customers.
We buy a sack of potatoes at 2800 which we sell at 4000 within a week after making chips.We a crate of sodas at 1080 which we sell at 1400 and we buy and sell 3 crates daily.
The profits are used for our upkeep and my school fees

Loan Proposal

First am grateful for my last loan.
I wish to post another loan.I intend to buy a freezer whugh will cost 400$.
We will use this to cool sodas for sale.Siaya being hot climatically this will increase our sales.
I will also buy a blender to blend fresh fruits for juice and cool them in the freezer for sale.This Will cost me 30$ and will be helpful .
The above purchases will increase my profit margin by 50$ and help me pay my next term tuition fees comfortably.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$425.00

Date disbursed

Apr 27, 2017

Repayment status

Late

Projected term

33 months

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