Loan for additional operating capital
Beatrice
Nanyuki, Kenya
100% repaid
Entrepreneur
Name
Beatrice
Member since
May 2018
On-time repayments
7 installments • 71%
About Me
Am Beatrice Muthiri from Nanyuki Kenya,East Africa. I operate a pork butchery where I sell both raw and cooked pork in the town of Nanyuki,I also sell accompaniments like French fries,ugali and Mukimo a local delicacy of mashed potatoes,maize and pumpkin leaves.My business is growing steadily.
My Business
I Beatrice Muthiri am a business woman I sell both ready and cooked meat,I would like this loan to help me sustain my working capital,my revenue per week is ksh.49,000,gross profit comes to ksh.18,550 I normally sell up to 15kg of pork,am able to make a profit of upto ksh.1650 on meat alone,sustaining my working capital will help me make this profit and upto ksh.1000 on accompaniments,this makes a total gross profit of ksh.2650 per day ,with this am able to meet my expenses of rent at ksh.5000,water at ksh.400,fuel at ksh.6000,per month.The profit I make goes to running my house,keeping my daughter in school,buying food and clothes
Loan Proposal
The loan will be used to buy additional stock for the business,specifically it will buy 2 buckets of potatoes at a cost of $5 per bucket,this potatoes will produce 100 plates of chips which will sell at $50,this will greatly improve my income.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Jun 5, 2018
Repayment status
On Time
Projected term
1 week
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