Milk & grocery shop expansion

Ruth Wanjiru

Moi's Bridge, Kenya

100% repaid

Entrepreneur

Name

Ruth Wanjiru

Member since

October 2017

On-time repayments

28 installments  •  93%

About Me

My name is Ruth Wanjiru Ngugi born in Trans Nzoia County in Kenya in the year 1985.
I started school back in the year 1990 and finish my primary education in the year 1999 after passing the National Exam I got an opportunity to join secondary education in the year 2000.
My secondary education had a lot of challenges since my parents had to sell maize and beans to enable me complete my education .After completing my secondary education I had to stay at home and help my parents in the daily chores of maize planting since it was the only way of earning income.
The little income I earned from the sell of maize I saved it and opened my business which I started selling milk to my neighbours since milk is inadequate in my sorroundings.
In my own time I like reading and getting knowledge on how to improve my milk business.

My Business

In my small milk shop I sell milk and milk products.Milk in my area is of high demand since it is an semi arid area where milk is very inadequate.I chose this kind of business since my area is populated and hence the demand of the product is too high.In the sell of milk I get a profit of Kshs.2000 per day and this profit am using it to pay my children fees and reinvestment in growing my business.

Loan Proposal

The loan will enable me to move to the interior farmers to buy milk direct from farmers at a cheap price and at the same time to have plenty.This is the drought season and the product is scarce there fore I will not rely on brokers only.20 liters of milk will cost me 8dollars and I need 400litres per day.This will cost 160 dollars.The remaining amount will incur for transport.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$217.72

Date disbursed

Feb 22, 2018

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $9.17

Lenders

G

GalantnostS

Hong Kong, Hong Kong

A

anonymus

Moon, United States

T

Tallago3

Munich, Germany

Kysera

Crawfordsville, United States

C

CheesemanDan

Shanghai, China

B

briansedz

Canton, Ohio, United States

Tavin

Ottawa, Canada

S

SelvaMarcus

Green Cove Springs, United States

P

Piotr

London, United Kingdom

ads68

Melbourne, Australia

D

DThirteen

Miami, United States

Andreas Kiss

Vienna, Austria, Austria

Bruno

São Paulo, Brazil

VALEK

Canberra, Australia

nakamura

United States

panamaman

Philadelphia, United States

H

HomesteadSchool

Glen Spey, United States

F

Fintons

Grand Rapids, United States

P

Pavane

Kungsbacka, Sweden

JonB

London, United Kingdom

D

DelapierceD

New York, United States

sderickson

Berkeley, CA, United States

SBlue1

Germany

D

drorm

United States

R

rossgarlick

United States

Paul Buchheit

Mountain View, United States

joshuacollinson

Vienna, Austria

T

Tim47

United States

S

satheajay

United States

N

Nicolaas

Doha, Qatar

Haim Si

Mexico, Mexico

Jeroen Decock

Gent, Belgium

MJ

Matt Jenkins

United Kingdom

Cassian Opara

London / Dubai, United Arab Emirates

Carla

Amsterdam, Netherlands

G

GS2

Germany

B

Bramlage

United States

I

isaac

United Kingdom

Tom Eggert

Madison, United States

Benjamin Kniaz

Boston, United States

Dean Suminski

Portland, Oregon, United States

DW

Dan Winetsky

United States

Paul Buchheit

Mountain View, United States

E

erick0524

United States

ER

Eric Rafoth

Czech Republic

Jeff

The Colony, Texas, United States

E

EJOBIV

United States

J

Josie

Australia

CH

Christian Holck

United Kingdom

ET

Emma Turner

United Kingdom

S

Sandra

United States

Ask Ruth a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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