Loan to buy a bigger french fries machine

Bettie

Kapsoit, Kenya

20% repaid

Entrepreneur

Name

Bettie

Member since

November 2014

On-time repayments

62 installments  •  18%

About Me

My name is Bettie Cherotich a first born in a family of five and a mother of one handsome baby boy. I was born in Kericho county which is in the south of rift valley kenya. I went to primary school here and later went to high school in Nairobi because my parents moved there.
I am a graduate from a local university and also working in Nairobi. I have a small fast food business in my home town and is quite a good one.
I love listening to music, traveling, drawing, meeting new people and watching movies.

My Business

My business is a fast food business located in a small center called kapsoit in Kericho. I started this business close to a year ago with part of my savings. My main reason to start the business was to make an extra coin and also support my family since they moved back home. I am planning to expand the business by purchasing a bigger machine to make french fries and also fried chicken. A bigger machine means large production of fries to meet the rising number of customers.
I started a business with a capital of 232 USD.

Loan Proposal

Half or three quarter of the loan will be used to purchase a new machine for making french fries thus leading to large production and faster services.
the remainder of the loan will be used to purchase a blender for making fruit juice and part of it to renovate the place.
Breakdown..
- 70 $ - Purchase of machine
-20 $ - Purchase of blender
- Remainder - Renovation

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Nov 14, 2014

Repayment status

Late

Projected term

14 months

Lenders

mepster

San Francisco, Ca, United States

Ask Bettie a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$21.81

Amount remaining

$87.75

Expected completion

Jan 24, 2016

Status

Repaying late

Installment amount

$1.70

Repayment History

Expected Payments Actual Payments
Nov 23, 2014 $3.09 Nov 23, 2014 $3.09
Nov 30, 2014 $3.09 Nov 30, 2014 $3.09
Dec 7, 2014 $1.70 Dec 7, 2014 $1.70
Dec 14, 2014 $1.70 Dec 21, 2014 $1.70
Dec 21, 2014 $1.70 Dec 21, 2014 $1.70
Dec 28, 2014 $1.70 Dec 21, 2014 $0.23
Jan 3, 2015 $1.48
Jan 4, 2015 $1.70 Jan 3, 2015 $0.80
Jan 27, 2015 $0.91
Jan 11, 2015 $1.70 Jan 27, 2015 $1.70
Jan 18, 2015 $1.70 Jan 27, 2015 $1.70
Jan 25, 2015 $1.70 Feb 4, 2015 $1.70
Feb 1, 2015 $1.70 Feb 4, 2015 $1.70
Feb 8, 2015 $1.70 Feb 4, 2015 $0.28
Feb 15, 2015 $1.70
Feb 22, 2015 $1.70
Mar 1, 2015 $1.70
Mar 8, 2015 $1.70
Mar 15, 2015 $1.70
Mar 22, 2015 $1.70
Mar 29, 2015 $1.70
Apr 5, 2015 $1.70
Apr 12, 2015 $1.70
Apr 19, 2015 $1.70
Apr 26, 2015 $1.70
May 3, 2015 $1.70
May 10, 2015 $1.70
May 17, 2015 $1.70
May 24, 2015 $1.70
May 31, 2015 $1.70
Jun 7, 2015 $1.70
Jun 14, 2015 $1.70
Jun 21, 2015 $1.70
Jun 28, 2015 $1.70
Jul 5, 2015 $1.70
Jul 12, 2015 $1.70
Jul 19, 2015 $1.70
Jul 26, 2015 $1.70
Aug 2, 2015 $1.70
Aug 9, 2015 $1.70
Aug 16, 2015 $1.70
Aug 23, 2015 $1.70
Aug 30, 2015 $1.70
Sep 6, 2015 $1.70
Sep 13, 2015 $1.70
Sep 20, 2015 $1.70
Sep 27, 2015 $1.70
Oct 4, 2015 $1.70
Oct 11, 2015 $1.70
Oct 18, 2015 $1.70
Oct 25, 2015 $1.70
Nov 1, 2015 $1.70
Nov 8, 2015 $1.70
Nov 15, 2015 $1.70
Nov 22, 2015 $1.70
Nov 29, 2015 $1.70
Dec 6, 2015 $1.70
Dec 13, 2015 $1.70
Dec 20, 2015 $1.70
Dec 27, 2015 $1.70
Jan 3, 2016 $1.70
Jan 10, 2016 $1.70
Jan 17, 2016 $1.70
Jan 24, 2016 $2.81

Loading...