Samwel
Kangemi, Kenya
100% repaid
Name
Samwel
Member since
February 2015
On-time repayments
308 installments • 81%
I was born in Nakuru, the rural part of it called Bahati area. I went to school there growing up in the rural part of Nakuru. Life was a different experience because my family did not have much in terms of money, so going to school was a struggle: my fees were never paid on time, and I didn't even have enough exercise books to write in, so I would use one book for two subjects. I used to mix English and maths in one exercise book: I would start maths from the front page and English from the back, and when the teacher asked why, I explained but they said that is unacceptable, so I would pluck some pages out to recreate another book, or I would borrow pages so that I would create into an exercise book.
We only had one school in the neighborhood that was a government school. For me, it was 8 km away going and coming back home, so I walked 16 km a day for over 14 years. When it was raining that was the most difficult time: no shoes, no umbrella, so I used to cover myself with a hard nylon paper or sack.
My business is a dairy shop. In Kenya, we have two types of milk: the one that is packed at the factory and the one that is sold straight after milking the cow. This one is for the people who are not well up financially.
In Kangemi, a slum in the outskirts of Nairobi, I have a a kiosk called Hassam Milk Shop. From here, I sell milk in small quantities. Ninety-eight percent of slum dwellers cannot afford packet milk, so they buy milk in small quantities. To get my stock, I have to wake up at 4 a.m. in the morning, go to Limuru (which is more than 10 km away), and get back by 6 a.m. to open my shop, which is along Hinga road.
I have faithful clients who never disappoint me: they buy from me because of the quality of the milk. I got into this business after I got stuck in college. I didn't have money to pay my college tuition fee, but this business got me back on my feet. The profits I make go back into the business. They also help me pay the shop's rent, my house rent, my son's fees, and I also depend on them for a livelihood.
My milk shop supplemented with egg business is doing considerably well and i have identified that starting an Mpesa business in the same premises will do wonders
With the help of the loan plus the savings i have, i will do branding at a cost of Ksh 5,000(48.31 US dollars),make a deposit for Ksh.35,000 (338.16 US dollars) Float and keep Ksh. 20,000 (193.24 US dollars)for cash transactions.
Mpesa involves depositing, transferring and withdrawal. The more transactions you have the more commission you get.
I project my commissions to get to not less than Ksh.10,000 (96.62 US dollars) per month. My customers will enjoy multiple good quality service. The gradually increasing profits will go into savings and will also help me improve my livelihood and pay school fees for my sister in law who is in form two.
Thank you in advance.
I was born in Nakuru the rural part of it called Bahati area, i went to school there growing up in the rural part of Nakuru. Life was a different experience because my family did not have much in terms of money, so going to school was a struggle, my fees was never paid on time, i didn't even have enough exercise books to write in, i would use one book for two subject, i used to mix English and math in one exercise book, i would start maths from the front page and English from the back, and when the teacher asked why, i explained but they said that is unacceptable, so i would pluck some pages out to recreate another book, or i would borrow pages that i would create into an exercise book , and we only had one school in the neighbor that was a government school for me it was 8 km away going and coming back home i would walk 16 km a day for over 14 years, when it was raining that was the most difficult time, no shoes, no umbrella, used to cover myself with a hard nylon paper or sack.
My business is a dairy shop, in Kenya we have two types of milk the one that packed at the factory and the one that is sold straight after milking the cow,this is for the people who are not well up financially. In kangemi, a slum in the outskirts of Nairobi, i have a a kiosk called Hassam Milk Shop, from here i sell milk in small quantities.Ninety eight percent of slum dwellers can not afford packet milk so they buy milk in small quantities, To get my stock, i have to wake up at 4am in the morning go to Limuru which more than 10 km away and get back by 6am to open my shop which is along Hinga road. I have faithful clients who never disappoint me they buy from me because of the quality of the milk. I got into this business after i got stuck at in college i didn't have money to pay my college tuition fee, this business got me back on my feet, The profits i make go back into the business. They also help me pay the shops rent, my house rent,my son's fees and i also depend on them for a livelihood.
My milk shop supplemented with egg business is doing considerably well and i have identified that starting an Mpesa business in the same premises will do wonders
With the help of the loan plus the savings i have, i will do branding at a cost of Ksh 5,000(48.31 US dollars),make a deposit for Ksh.35,000 (338.16 US dollars) Float and keep Ksh. 20,000 (193.24 US dollars)for cash transactions.
Mpesa involves depositing, transferring and withdrawal. The more transactions you have the more commission you get.
I project my commissions to get to not less than Ksh.10,000 (96.62 US dollars) per month. My customers will enjoy multiple good quality service. The gradually increasing profits will go into savings and will also help me improve my livelihood and pay school fees for my sister in law who is in form two.
Thank you in advance.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$440.00
Date disbursed
Feb 22, 2017
Repayment status
On Time
Projected term
6 months
Other loans
Ask Samwel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Amount repaid
$440.40
Amount remaining
$0.00
Date repaid
Sep 10, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Mar 5, 2017 | $15.74 | Mar 4, 2017 | $15.74 |
Mar 12, 2017 | $15.74 | Mar 12, 2017 | $15.74 |
Mar 19, 2017 | $15.74 | Mar 19, 2017 | $15.74 |
Mar 26, 2017 | $15.74 | Mar 27, 2017 | $15.74 |
Apr 2, 2017 | $15.74 | Apr 2, 2017 | $15.74 |
Apr 9, 2017 | $15.74 | Apr 9, 2017 | $15.74 |
Apr 16, 2017 | $15.74 | Apr 16, 2017 | $15.74 |
Apr 23, 2017 | $15.74 | Apr 25, 2017 | $15.74 |
Apr 30, 2017 | $15.74 | Apr 30, 2017 | $15.74 |
May 7, 2017 | $15.74 | May 6, 2017 | $15.74 |
May 14, 2017 | $15.74 | May 13, 2017 | $15.74 |
May 21, 2017 | $15.74 | May 20, 2017 | $15.74 |
May 28, 2017 | $15.74 | May 26, 2017 | $15.74 |
Jun 4, 2017 | $15.74 | Jun 3, 2017 | $15.74 |
Jun 11, 2017 | $15.74 | Jun 10, 2017 | $15.74 |
Jun 18, 2017 | $15.74 | Jun 17, 2017 | $15.74 |
Jun 25, 2017 | $15.74 | Jun 25, 2017 | $15.74 |
Jul 2, 2017 | $15.74 | Jul 3, 2017 | $15.74 |
Jul 9, 2017 | $15.74 | Jul 9, 2017 | $15.74 |
Jul 16, 2017 | $15.74 | Jul 16, 2017 | $15.74 |
Jul 23, 2017 | $15.74 | Jul 23, 2017 | $15.74 |
Jul 30, 2017 | $15.74 | Jul 30, 2017 | $15.74 |
Aug 6, 2017 | $15.74 | Aug 6, 2017 | $15.74 |
Aug 13, 2017 | $15.74 | Aug 11, 2017 | $15.74 |
Aug 20, 2017 | $15.74 | Aug 20, 2017 | $15.74 |
Aug 27, 2017 | $15.74 | Aug 27, 2017 | $15.74 |
Sep 3, 2017 | $15.74 | Sep 3, 2017 | $15.74 |
Sep 10, 2017 | $15.52 | Sep 10, 2017 | $15.52 |
Will Oct 12, 2017
afaness Apr 17, 2017
Loading...