Freezer for storing milk for sale

Benson Njoroge

Nakuru, Kenya

34% repaid

Entrepreneur

Name

Benson Njoroge

Member since

May 2015

On-time repayments

246 installments  •  72%

About Me

My story in childhood is that i was able to join kim's kindergarten which was just opposite our home later i joined mirangine primary school. after that i joined mikeu secondary school and the grade that i got could not help me to join university. i started hustling up and down looking for better life.through all this process i meet many difficulties that i almost loosed hope and i had to go back home and started small scale farming and little by little i found that i could make it. that season i had planted maize and it did well that i was able to get 309$ which i moved with them to start a shop in nakuru-langa langa.

My Business

My business is currently doing good cause the products that i deals with have to be consumed each and everyday. my shop deals with home basic needs that is; sugar, bar soaps, cooking fat, all types of detergent,flour, soft drinks but though its small i hope to expand it in future.
the cost of my business are;
rent=82$
license per year is 123$
all product cost is 500$
my daily need 3$ my monthly income is 144$
total profit 59$

Loan Proposal

Am really filled with gratitude in my heart for the wonderful support i have been receiving from you. It has boosted my shop to greater height and due to this i found a business opportunity of introducing milk sale to my costumers. i saw this need and demand from my customers and i have started and its picking up well but am realizing that i really need a freezer machine which will help me so much to preserving the milk and by this i will be able to store and sell the milk in large quantity and a quality one and by this it won’t be damaged easily therefore i will be able to make a good profit which will help in saving and loan payment. Each litre of milk is 0.8$ and i buy at 0.4$ from the farmer direct making a profit of 0.4$ profit per litre. Currently a day i sell 80 litres with a total profit of 32$ a day. With freezer i will be able to increase amount of milk to 120 litres since i will have good storage hence making a good profit of 48$ a day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$333.63

Date disbursed

Dec 1, 2018

Repayment status

Late

Projected term

28 months

Cost to entrepreneur

Service fee: $14.05

Credit risk payment: $84.34

Lenders

Kitty

Hailsham, United Kingdom

D

duckdork

De Forest, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

H

hetultel

Ahmedabad, India

O

ochunshoney

charlotte, United States

K

Kerrisdale

Guernsey, United Kingdom

1

1711mp

Brooklyn, United States

B

boronat

Brussels, Belgium

D

dweiner

Madison, United States

jhealy87

Silver Spring, United States

A

Andy

Berlin, United States

MikaL

Helsinki, Finland

C

chrono

Toronto, Canada

chadgibbs

Loveliest Village, United States

palmerlaw

CHICAGO, United States

drstaples

Provo, UT, United States

K

karit

Victoria, Canada

F

FredBetty

San Antonio, United States

G

glh25

Winooski, United States

A

asmilligan17

Perryville, United States

B

BenBurum

BOXBOROUGH, United States

S

ssj2k4

Broken Arrow, United States

P

peter9

Victoria, Canada

N

Norin

Germany

davidt

San Francisco, United States

GH

Gav H

Langley, Canada

Stefano Bordin

Milano, Italy

G

gerd87

Haar, Germany

J

javifdezsainz

Madrid, Spain

J

JoeOmundson

Portland, OR, United States

Shamrock

Wicklow, Ireland

VintageCalifornia

San Diego, United States

R

rmlyons78

Burlingame, United States

P

pastabox

New York, United States

S

sublibyss

East Lansing, United States

T

texasags

owasso, United States

D

d3witt

Cheyenne, United States

T

tchafin

Los Angeles, United States

C

collins75

Hawthorn, Australia

M

mgnyc

New York, United States

B

BassClef

Bozeman, United States

I

ianb723

ROCHESTER, United States

T

tbogz

Singapore, Singapore

R

Rondo911

sherbrooke, Canada

ericacamille

Brooklyn, United States

Richard100

Santa Ana, United States

nmatpt

Lisboa, Portugal

G

gregc

Calgary, Canada

S

solarkismet

Logan, United States

M

MarkGallagher

Glasgow, United Kingdom

E

ElliottGarlock

Palo Alto, CA, United States

J

jeremysherwood1

Cocoa, Fl, United States

mortenmost

Oslo, Norway

W

Winniether

Rochester, United States

zaoyoga

Toulouse, France

P

Person70

Siberia, Russia

D

ddandipu

Calgary, Canada

C

CarolD

Hendersonville, United States

W

Walter1

Bergneustadt, Germany

A

acolomitchi

Eynesbury, Australia

A

amish

San Francisco, United States

Immanuel

Darwin, Australia

C

CJAnderson

Sydney, Australia

B

Britams

Amsterdam, Netherlands

numbat

Perth, Australia

PulsoJewelry

Los Angeles, United States

W

WenShiDi

mobile, China

C

Colmena

Chicago, United States

P

Pavane

Kungsbacka, Sweden

O

Ohio

Ohio, United States

soniad

Dubai, United Arab Emirates

E

Esseni

Cincinnati, United States

S

SAJudy

Argenta, Canada

R

rosebo

Bend, United States

H

happytrailsjpd

South Bend, United States

S

SanderBeckers

Brussel, Belgium

T

Texikan

Fort Worth, United States

N

nguyenlapq

United States

Dutchguy

Nijmegen, Netherlands

A

annpaul

United States

T

thenwhen

United States

kiwiyan

Wellington, New Zealand

B

beegkitty

United States

SuperMario28

Cudahy, United States

B

bwmoore

United States

Darcy

Ottawa, Canada

MW

Matt Willis

United States

A

Andrei

United States

Ren

Minneapolis/StPaul, United States

JA

Joshua Axtell

United States

M

Margaret

United States

G

Gabriel

Singapore

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