Entrepreneur
Name
Peter
Member since
May 2017
On-time repayments
128 installments • 49%
About Me
My names are Peter Ngare Kamau a resident of subukia where i do my business and also live. I have been doing some businesses before i decided to settle on Milk supply business. I do collect milk from farmers around and retail the same to my customers at a profit. This business i inherited from my parents and have been using the name that they had already established.
My Business
My business is known as Wema Milk cafe, I sell milk after purchasing from farmers. I buy from nearby farmers and paythem monthly after selling at a profit, the main challenge i face is obtaining the necessary permit and also harrassment from local authority. I have since obtained licence from the Kenya dairy board and do wish to obtain a trading licence so that I can operate without fear.
Loan Proposal
I want to purchase milk weighing equipment and large storage tank where i can store the milk for cooling before I sell. This will enable me operate efficiently and avoid a lot of mixing as at the moment since the fore the mixing the more the chances of contaminating the milk. I have also realized that the loan i will receive will be small amount and therefore want to start small so that in future i can have more loan.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$55.00
Date disbursed
May 9, 2017
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
Summary
Amount repaid
$55.48
Amount remaining
$0.00
Date repaid
Jun 10, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 21, 2017 | $1.97 | May 21, 2017 | $1.97 |
| May 28, 2017 | $1.97 | May 21, 2017 | $1.97 |
| Jun 4, 2017 | $1.97 | May 21, 2017 | $1.97 |
| Jun 11, 2017 | $1.97 | May 21, 2017 | $1.97 |
| Jun 18, 2017 | $1.97 | May 21, 2017 | $1.97 |
| Jun 25, 2017 | $1.97 | May 21, 2017 | $1.97 |
| Jul 2, 2017 | $1.97 | May 21, 2017 | $1.97 |
| Jul 9, 2017 | $1.97 | May 21, 2017 | $1.97 |
| Jul 16, 2017 | $1.97 | May 21, 2017 | $1.97 |
| Jul 23, 2017 | $1.97 | May 21, 2017 | $0.99 |
| May 30, 2017 | $0.99 | ||
| Jul 30, 2017 | $1.97 | May 30, 2017 | $1.97 |
| Aug 6, 2017 | $1.97 | May 30, 2017 | $1.97 |
| Aug 13, 2017 | $1.97 | May 30, 2017 | $1.97 |
| Aug 20, 2017 | $1.97 | May 30, 2017 | $1.97 |
| Aug 27, 2017 | $1.97 | May 30, 2017 | $0.99 |
| Jun 5, 2017 | $0.99 | ||
| Sep 3, 2017 | $1.97 | Jun 5, 2017 | $1.97 |
| Sep 10, 2017 | $1.97 | Jun 5, 2017 | $1.97 |
| Sep 17, 2017 | $1.97 | Jun 5, 2017 | $1.97 |
| Sep 24, 2017 | $1.97 | Jun 5, 2017 | $1.97 |
| Oct 1, 2017 | $1.97 | Jun 5, 2017 | $0.99 |
| Jun 10, 2017 | $0.99 | ||
| Oct 8, 2017 | $1.97 | Jun 10, 2017 | $1.97 |
| Oct 15, 2017 | $1.97 | Jun 10, 2017 | $1.97 |
| Oct 22, 2017 | $1.97 | Jun 10, 2017 | $1.97 |
| Oct 29, 2017 | $1.97 | Jun 10, 2017 | $1.97 |
| Nov 5, 2017 | $1.97 | Jun 10, 2017 | $1.97 |
| Nov 12, 2017 | $1.97 | Jun 10, 2017 | $1.97 |
| Nov 19, 2017 | $1.97 | Jun 10, 2017 | $1.97 |
| Nov 26, 2017 | $1.97 | Jun 10, 2017 | $1.97 |
| Dec 3, 2017 | $0.25 | Jun 10, 2017 | $0.25 |
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