Increasing charcoal stock

Grace

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Grace

Member since

September 2018

On-time repayments

4 installments  •  75%

About Me

I am Grace Nyawira born and raised in Nyeri County. I was raised in a family of nine which was quite hard for as all since our parents did not have a stable income. However, I ventured into different businesses with a view to overcome these hardships. I started my first business that required a small income and fortunately it grew first. I used the profits from this business to start a coffee plantation which has also grown quite well. My hobby is interacting with people, doing business, and farming.

My Business

I sell coffee berries to a local coffee factory at my home area. these goods are in demand since there are only a few people who are growing coffee hence the reason why i chose these business. the costs that i incur include pesticide and pruning expenses. in return the income earned from the business exceeds the expenses. i use the the profits in reinvestment and also to grow the business.

Loan Proposal

i will use the loan to increase my charcoal stock to twice its current amount. by so doing, i am guaranteed that my revenue will increase to twice its amount and so will my profits. i will then use the profits to invest in other sorts of related businesses such as opening another charcoal store in a different location.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$24.00

Date disbursed

Oct 3, 2018

Repayment status

On Time

Projected term

1 week

Lenders

JF

J Fister

United States

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Summary

Amount repaid

$24.90

Amount remaining

$0.00

Date repaid

Oct 13, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 14, 2018 $24.90 Oct 10, 2018 $4.93
Oct 13, 2018 $19.71
Oct 13, 2018 $0.27

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