Raw material for my petroleum jelly business
Emmanuel
Kisumu, Kenya
100% repaid
Entrepreneur
Name
Emmanuel
Member since
May 2017
On-time repayments
63 installments • 51%
About Me
am a Kenyan citizen aged 36 and a further of one i am a second year drop out from university of Nairobi chiromo campus having undertaken Bsc in analytical chemistry.with yr support am planning to venture into poultry farming to increase my financial base as this will help me not to over relay on one source of income.
My Business
am in small scale manufacturing business..... I make petroleum jelly pack them and supply them to small shops around my county kisumu.in a week I can make 25000/=.I do my supply using a motorcycle but with enough funds am planning to expand it to reach out to the big players and increase my confidence to my clients.inconjuction to this i also started poultry farming with 50 birds which is the photo i have uploaded.
Loan Proposal
Buy more raw material from the manufactures at a fair price so as to increase my stock and to minimize dealing with middle men/ broker who at time inflate the cost of raw material and to a worse scenario tamper with the quality and quantity of the raw material leading to increase cost of raw material for production of products and even lowers the quality of end product.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$117.00
Date disbursed
Aug 24, 2017
Repayment status
On Time
Projected term
2 months
Lenders
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