Money for sealing machine and paper bags

Peter

Kiserian, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

May 2017

On-time repayments

162 installments  •  65%

About Me

hi my name is peter i grew up in a family of 5 me being the middle child (3rd born) it was hard for me to get the much needed notice in the family .... whether it came to school fees or even basic money for clothes and shoes so it was hard for me . so i motivated myself to go out and look for it myself .. got employed and started a businness ...

My Business

i opened a cyber with my friend and its now been a year and its doing good but it could use some improvements .... i also started the fish businesses which are called OMENA in kenya but in english its fingerlings.. where i sell to supermarkets and shops .. which was where i invested my first loan ... thank you Zidisha....

in terms of earnings i make 5-10 dollars a day in the cyber depending on the traffic and availability of the internet also speed .so in a month i can make 200-250 dollars... if i deduct the rent and internet ... i get a profit of 150dollars which we split 50/50...so thats 70dollars each ....

Loan Proposal

i will buy paper bags .. omena - 2bags 6*dollars
mandazi - 3bags (small) 6dollars ....then i start packing and take to the shops immediately ... and get 40*dollars by tommorow ...

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$16.00

Date disbursed

May 31, 2017

Repayment status

On Time

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

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