Kipkorir
Nandi, Kenya
$0 to go
100% funded of $1 goal
0
days left
Name
Kipkorir
Member since
September 2018
On-time repayments
2 installments • 50%
I supply milk produce for sell. I so buy milk from farmers in order to meet the demands or orders that I have. I supply fresh milk to Suppermarkets, hotels, restaurants and to the fresh milk retailers. I started this business with one cow that I bought from my three year savings. It costed me about 200 dollars. The business is growing and now I have 10 cows. The production is awesome. I have several orders that are permanent. Fresh milk is a lucrative business. In terms of revenue generation it is OK. I reinvest back about 1400 dollars. This is from profit.
I sell and supply fresh milk to fresh milk retailers, hotels restaurants, schools and Suppermarkets. The main resources for reinvestment comes derictly from the business profit. This is about 60% of the net profit. That is, 1400 dollars
I will send this loan to buy more milk from farmers and supply it to the factories. The on I produce is not enough. The loan will help me cater for the transportation expenses.
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Neutral
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Project Type
Classic Loan
Disbursed amount
$1.00
Date disbursed
Oct 3, 2018
Repayment status
Late
Projected term
1 week
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