Grocery expand by buying extra blender

Brian

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Brian

Member since

May 2017

On-time repayments

86 installments  •  94%

About Me

I am Brian Ogendi. a Christian and a hardworking man. I was born and brought up in Kisii. I completed my primary and secondary Education and now i am at my higher learning level at the University of Eldoret.
Due to high demands of daily life, i had to think of a way to counter the issue and i did settle on a business idea as was was the most ideal way for me to improve my life. I sought financial support from my parents and relatives to facilitate the starting of a business.
The uniqueness of my land is the fact that there is a lot of farming due to land fertility and well rain distribution through out the year.My hobbies are listening to music,watching and playing football.

My Business

My business deals with grocery and blending of fruit juices. I chose this business idea due to huge number of students community and the high demand around.My monthly typical costs include Renf of Ksh. 3000, electricity bill of Ksh.250, raw materials of Ksh.5000 and miscellaneous cost of Ksh.1000.
My revenue(monthly net profit) ranges from Ksh. 13000 to Ksh.18000.
I use this profits to cater for my basic needs and also support my junior siblings at both primary and secondary level.

Loan Proposal

upon receiving these loan I would like to get 2 extra blender of bigger capacity worth$23 so as to do more juice at a given time in order to serve more customers. Since most of my clients are students and at times they are in hurry to their lessons.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$52.00

Date disbursed

Aug 22, 2017

Repayment status

On Time

Projected term

12 months

Lenders

J

James

United States

VC

Victor Chong

United States

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