Entrepreneur
Name
Lelaipeti
Member since
October 2018
On-time repayments
16 installments • 50%
About Me
iam lelaipeti lasan from laikipia iam maasai in tribe i studied to class eight after that i did not continue to lack of school fees because my parents where poor that what it was i started a small business as milk distributor from that time saved for some time like eight months i went to driving school to learn how drive cars and also a motor bike i graduated and i was given a diving licence from that i rented one of my friends a motor bike to distribute milk daily i pay daily or weekly and that how i started my life
My Business
my business is dstributing milk daily to nanyuki township i wake up early every morning i go for the motor bike which i usually rent daily from one of friends the i go to milk farmers at sweet waters area i buy milk in whole sale price and i sell in retail in town daily it is a must to have 20,000 kshs capital to buy milk that what i saved for my daily target i buy 1 litre of milk at 50 kshs i sell at 85 kshs per litre that about 40 litres per day of milk i get 27,000 kshs per that day so my profit is 7,000 kshs per day and that is my daily business
Loan Proposal
gross purchase 10,400
milk gross sales 16,450
milk transport expense 3,200
closing profit per day 6.050
milk total expenses 36,100
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Loan Info
Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Dec 15, 2018
Repayment status
On Time
Projected term
3 months
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