Fridge purchase

Cleophas Kiprotich

Nakuru, Kenya

100% repaid



Cleophas Kiprotich

Member since

February 2016

On-time repayments

253 installments  •  75%

About Me

am cleophas kiprotich born and raise in kenya nandi county . i went to kaptilol primary where i pass and went to samoei boys high school after which i join university of Eldoret where i did A degree in business management. this is what i love to venture in and turn it into a reality has it had been my desire since my child hood. hardships are part of life and take them positive when never they arise. i started my business while still in university -a business whose main customers were schoolmates and they gave me an opportunity to apply my class knowledge to real life. the land i come from is that it is ever green and most people are farmers. i do not have children as per now but planing to have. i love football and that is where i spent my leisure time

My Business

Am in hotel industry . running a small hotel in nakuru town with the help of two employees . my main customers are the locals from the jua kali sector. i chose this line of business in order to take advantage of the unutilized opportunity in the sector, also my early experience in the industry motivated me . my monthly average cost is ksh. 70,000. which gives a revenue of ksh. 130,000 monthly on average. i use this profit for improvement and re-investment. am looking forward to your assistance to grow my business. I have recently engage my self with tea farming currently with 4500 tea bushes and they are doing well. I am planning to increase it to 10,000 tea bushes. Since my tea are doing well I have diversify my agriculture business to include livestock where I have started rearing sheep and I intent to increase the numbers .

Loan Proposal

This amount will help me purchase a freezer/cooler (Armco-AF-C08(K)-2.5 CuFt 70L silver) at an estimated cost of 230USD dollars. this will help me in preserving food and avoid wastage as a result of spoilage which in turn will reduce costs which again in turn increase profits. This will ease the work in the restaurant which in turn will result to better quality of services to customers thus increase such numbers into the restaurant hence growth and more profits. I believe that with improved services resulting increased number of customers, profits will increase by 20% within the next three months. Thank you so much and i look forward to your support.





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Dec 20, 2016

Repayment status

On Time

Projected term

24 months


Paul Buchheit

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Jennifer Weber

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Ruth Brown

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Humble Bundle Community

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Paul Buchheit

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Craig Newmark

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