Capital to outsource milk to increase milk bar sales

Sophie

Sotik, Kenya

100% repaid

Entrepreneur

Name

Sophie

Member since

April 2015

On-time repayments

82 installments  •  30%

About Me

Am sophie Rutoh,born and raised in Nairobi the then Nairobi province.Went to St.Hannah pre-school then moved to Kapchepkoro pri in Bomet district.Went to Moi Tea Girls sec sch,then to KIM a business intistution Kericho.
Every challenge has a solution depends with how you handle it.
Due to the alarming rate of unemployment i chose to venture into my own business thereby creating a way ofearning my own money.
livestock farming is the in thing since grazing cattle is less of a problem

My Business

-Milk and milk product.
since its an urban area nearly everyone needs the products.
-Because of the high demand of the product.
-Milk and its product used for breakfast and is also a first food for infants.
-The costs incured are mostly for acaricides,minerals and dewormers.
-My profits are used to reinvest and pay school fees.

Loan Proposal

Will use the money to increase my milk bar sales. i.e because i have been selling milk and milk products from my farm i will outsource more milk from other farmers.1litre of milk=1dollar.
-Being a beneficiary it will boost my sales and it will also increase the availabily of the product since its on high demand.
-It will increase by fifty percent.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

May 20, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

Scotts5320

New York, United States

Ask Sophie 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

$52.57

Amount remaining

$0.00

Date repaid

May 28, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 31, 2015 $8.76 May 27, 2015 $8.76
Jun 7, 2015 $8.76 May 27, 2015 $8.76
Jun 14, 2015 $8.76 May 27, 2015 $8.76
Jun 21, 2015 $8.76 May 27, 2015 $7.07
May 28, 2015 $1.69
Jun 28, 2015 $8.76 May 28, 2015 $8.76
Jul 5, 2015 $8.79 May 28, 2015 $8.79

Loading...