Name
Lelaipeti
Member since
October 2018
On-time repayments
16 installments • 50%
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 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
i will use the loan to increase my credit limit by paying smaller to increase me towards bigger loan in near future iam running a small business of milk retailer buying milk in wholesale and selling in it in nanyuki town in retail price for now the is smaller but in smaller makes it bigger i have four children one in the university and the other in form three other two in primary i use the profits i get to educate my children i will add the loan to the usual amount i use to buy milk then i appreciate even if its small know that it will increase some day
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Project Type
Classic Loan
Disbursed amount
$1.00
Date disbursed
Nov 2, 2018
Repayment status
On Time
Projected term
1 week
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