Milk business

Emmy

Burgei, Kenya

100% repaid

Entrepreneur

Name

Emmy

Member since

December 2014

On-time repayments

34 installments  •  47%

About Me

My name is Mrs Emmy Kimetto, I am married and have daughters to whom 2 are in the university, 2 in secondary school and the young one is in Nursery school. I am a housewife doing mixed farming and also doing milk business which earns me a living and also pays my daughters' school fees.
I did farming for a long time i.e planting maize & beans and also doing dairy farming, it is rewarding but the fact that we are living in Rongai where sometimes we experience a long drought thus causing loses especially to the plants. Due to this I thought deeply of something that can sustain my family and my children's' education thus I started milk business.

My Business

Despite the fact that I was selling my milk which was around 20 litres per day, I thought of buying more from my neighbors so that I could increase my income through the profit I was making. I started a Milk shop in Salgaa trading centre where I used to sell milk to the customers at Ksh. 45 per litre and I buy the same at Ksh. 30 thus making a profit of Ksh. 15 per litre.
This has seen me pay school fees for my two daughters who are now in the university.
I chose this business because milk is an essential commodity and is needed daily therefore I cannot miss to sell. Although during these months i.e Jan, Feb and early March we are experiencing drought thus the milk production is at a lower level.

Loan Proposal

With the loan that I will be given I will use to buy another milk container that is costing Ksh. 5,000 and the rest I will boost my business by buying more milk from my neighbors. I have three containers i.e 50litre but I need a 25Litre to use it for my milk. These containers are good for keeping milk even if it stays for long hours unlike the plastic containers which I normally use for my own milk.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 7, 2015

Repayment status

On Time

Projected term

7 months

Lenders

Franmiguel

Perth, Australia

Ask Emmy 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

$105.90

Amount remaining

$0.00

Date repaid

Sep 17, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 18, 2015 $3.11 Jan 18, 2015 $3.11
Jan 25, 2015 $3.11 Jan 18, 2015 $2.51
Feb 21, 2015 $0.61
Feb 1, 2015 $3.11 Feb 21, 2015 $3.11
Feb 8, 2015 $3.11 Feb 21, 2015 $3.11
Feb 15, 2015 $3.11 Feb 21, 2015 $0.25
Feb 25, 2015 $2.87
Feb 22, 2015 $3.11 Feb 25, 2015 $0.51
Mar 24, 2015 $2.61
Mar 1, 2015 $3.11 Mar 24, 2015 $3.11
Mar 8, 2015 $3.11 Mar 24, 2015 $3.11
Mar 15, 2015 $3.11 Mar 24, 2015 $3.11
Mar 22, 2015 $3.11 Mar 24, 2015 $1.54
Apr 14, 2015 $1.57
Mar 29, 2015 $3.11 Apr 14, 2015 $3.11
Apr 5, 2015 $3.11 Apr 14, 2015 $3.11
Apr 12, 2015 $3.11 Apr 14, 2015 $0.07
May 6, 2015 $3.04
Apr 19, 2015 $3.11 May 6, 2015 $3.11
Apr 26, 2015 $3.11 May 6, 2015 $3.11
May 3, 2015 $3.11 May 6, 2015 $1.97
Jun 2, 2015 $1.15
May 10, 2015 $3.11 Jun 2, 2015 $3.11
May 17, 2015 $3.11 Jun 2, 2015 $3.11
May 24, 2015 $3.11 Jun 2, 2015 $3.11
May 31, 2015 $3.11 Jun 2, 2015 $2.66
Jul 8, 2015 $0.45
Jun 7, 2015 $3.11 Jul 8, 2015 $3.11
Jun 14, 2015 $3.11 Jul 8, 2015 $3.11
Jun 21, 2015 $3.11 Jul 8, 2015 $3.11
Jun 28, 2015 $3.11 Jul 8, 2015 $3.11
Jul 5, 2015 $3.11 Jul 8, 2015 $3.11
Jul 12, 2015 $3.11 Aug 11, 2015 $3.11
Jul 19, 2015 $3.11 Aug 11, 2015 $3.11
Jul 26, 2015 $3.11 Aug 11, 2015 $3.11
Aug 2, 2015 $3.11 Aug 11, 2015 $3.11
Aug 9, 2015 $3.11 Aug 11, 2015 $1.03
Sep 17, 2015 $2.08
Aug 16, 2015 $3.11 Sep 17, 2015 $3.11
Aug 23, 2015 $3.11 Sep 17, 2015 $3.11
Aug 30, 2015 $3.11 Sep 17, 2015 $3.11
Sep 6, 2015 $3.19 Sep 17, 2015 $3.19

Loading...