Peter
Nairobi, Kenya
100% repaid
Name
Peter
Member since
May 2014
On-time repayments
36 installments • 58%
I am Peter Owuor, Kenyan citizen with a Diploma in Sales and Marketing . I am the fourth born in a family of eight siblings. I live in Komarock estate in Nairobi and I started this business to enable myself to take care of myself, my family and my siblings. I have managed to purchase a motorbike to help me with transportation of this cereal from where I make the purchase and also assist me in delivery to customers according to their wishes in order to sustain them, besides that I have also purchased some households. My hobby is watching football.
I will pay back this loan with interest made from my business. I will be selling maize and beans to my customers and I expect to make a profit of around USD48 per month with the loan. There is high demand for my goods because my price is very affordable. My customers prefer my business compared to my competitors because I usually cooperate well with them and they also like my service delivery since I offer them door delivery to my customers who have made purchase of 20kg and above. My business is profitable because I have many customers and my business is also a basic need that human being cannot easily do without. My business faces a risk of insecurity and I have overcome this by employing a security guard. My monthly cost is USD705 and my sales is USD908.
I will use this loan to purchase beans and maize to boost my cereal business. This loan will enable two purchases; two bags of maize of 180kg and two bags of beans of 140kg. This four bags will benefit me with a profit of USD48 per month. I am requesting lenders to help me make the purchase because currently am not able to increase that stock by myself. Thank you.
Am Peter Owuor, Kenyan Citizen with a Diploma in Sales and Marketing . Am the fourth born in a family of eight siblings. I live in Komarock estate in Nairobi,I started this business to enable take care of myself,my Family and my siblings.have manage to purchase a motorbike to help me with transportation of this cereals from where I make the purchase and also assist me in delivery to customers according to their wishes in-order to sustain them,besides that have also purchase some households.My hobby is watching football.
I will pay back this loan with interest made from my business.I will be selling maize and beans to my customers I expect to make a profit of around USD55 per month with the loan.There is demand for my good because my price is very affordable to my customers.My customers prefer my business compared to my competitors because I usually operate well with them and they also like my service delivery since I offer them door delivery to my customers who have made purchase of 20kg and a above.My business is profitable because I have many customers and my business is also basic need that human being cannot easily do without.My business faces a risk of insecurity and I have mitigate this by employing a security guard.My monthly cost is USD705 and my sales has increased to 908USD.
I will use this loan to purchase beans and maize to boost my cereal business.this loan will enable to two purchase two bags of maize of 180kg and two bags of beans of 140kg.This four bags will benefit me with a profit of USD48 per month.Am requesting lenders to help me make the purchase because currently am not able to increase that stock by myself.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jul 5, 2014
Repayment status
On Time
Projected term
3 months
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