Loan for honey stock

Elizabeth

Kitale, Kenya

100% repaid

Entrepreneur

Name

Elizabeth

Member since

August 2020

On-time repayments

13 installments  •  100%

About Me

Thanks for visiting my profile. Am Liz Nganga from Kenya.By professiona am a Dairy Technologist and Sales Specialist.
Currently am self employed but was working with a Dairy firm for 8 years. Am single mother of a ten year old son
Am the first born in a family of four.
In the year 2017 i resigned due to unavoidable circumstances and engaged in private venture which deals with honey sourcing and reselling.

My Business

I source raw unprocessed honey from farmers in the county of West Pokot and resell to different consumers in smaller quantities.

I settled for this venture because it has demand and above being of high nutritional value the shelf life is equally long.

At the moment I don't have a business premises preferably in the town center where i can display my products.
I operate the business based on direct orders therefore getting new clients takes a long time.

This business generates a gross profit of $70 per month after deducting expenses which are as follows,
~Raw unprocessed honey 15 lts =$ 50
~Packaging materials $ 15
~Transport cost $ 15

Loan Proposal

I will source extra honey hence increase the sales volume

Income Source

Currently my business has an income of ksh 2000 this will enable me pay the loan

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Aug 20, 2020

Repayment status

On Time

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

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  • Elizabeth    Oct 13, 2020

    I would like to pay in smaller amounts because I suffered some losses. Thanks for your services.

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  • Elizabeth    Oct 13, 2020

    Kindly I wish to withdraw my premium membership from now henceforth due to unavoidable circumstances . Therefore utilize my membership fee to repay the remaining balance.
    Thanks for your continued support.

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  • Elizabeth    Sep 3, 2020

    I have had some emergency which has left me broken.

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  • Elizabeth    Aug 26, 2020

    Thanks very much for your support

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