Motorbike for transportation of my yoghurts to market places

Chris

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Chris

Member since

January 2017

On-time repayments

34 installments  •  100%

About Me

I was born and raised in a farmer's family; my father was a dairy farmer selling milk to the local individuals in Nakuru and taking surplus to the Cremeries Sacco for sale. I got educated in Kiningoi Primary School, joined Nakuru High School and later on Ergerton University for higher learning. At the University, I took Agricultural Engineering. I completed my education five years ago and managed to get a very good grade but because of the competitive nature of the Kenyan market, I have never secured a permanent job. I challenged myself to carry out a business and an idea emerged from my father's business of selling milk. I thus decided to start making yogurt and sell it to people.
I credit my business to my father. It was while helping him sell his milk that the idea of making yogurt came. My father has about 10 cows and he gets 50 to 70 liters of milk each day. He was selling a liter for as low as KSh 20. I realized I could buy milk from him, add value and sell at a better price. I floated the idea to my father and he unanimously offered to support me. That is how I started the yogurt business.

My Business

I sell yogurt in Nakuru Town. After completing school three years ago, it became hard for me to secure a white collar job; I thus decided to engage myself in starting my own business. Out of the milk that my father's cow produced, I thought of converting the milk into yogurt for sale. This product is useful because it is a source of protein and vitamins to our body. It is also in demand because, with knowledge in agriculture, I have and can make very good and unique brands of yogurts. I chose this business because of the availability of the resources that could help me make the yogurt. I recently started the business and the profits that I get mostly go into the growth of the business.

Loan Proposal

Granted the loan, i will use the money to buy a new motorbike for transportation of my yoghurts to the market places , Since starting the business, it has grown and my market has increased therefore with the loan, i can buy the motorbike and use it to available the yoghurt to my customers on daily basis.
I will benefit from the motorbike because i will cover a very large distance of my market and this will increase my profits. I expect a double in profit by almost 50% immediately i receive the loan.

Show original English  

About Me

i was born and raised in a farmers family, my father was a dairy farmer selling milk to the local individuals in Nakuru and taking surplus to the Cremeries Sacco for sale. I got educated in Kiningoi Primary s school, joined Nakuru High school and later on Ergerton University for higher learning. At the University i took Agricultural Engeneering. I completed my education five years ago and managed to get a very good grade but because of the competitive nature of the Kenyan market, i have never secured a permanent job. I challenged myself to carry out business and an idea emerged from my fathers business of selling milk. I thus decided to start making Yourgurt and sale to people.
I credit my business to my father. It was while helping him sell his milk that the idea of making yoghurt came. My father has about 10 cows and he gets 50 to 70 litres of milk each day. He was selling a litre for as low as Sh20. I realised I could buy milk from him, add value and sell at a better price. i floated the idea to my father and he unanimously offered to support me. That is how i started the yoghurt business.

My Business

i sale Yoghurt in Nakuru Town. After completing school three years ago, it became hard for me to secure white collar job, i thus decided to engage myself in starting my own business. Out of the milk that my fathers cow produced, i thought of converting the milk into yoghurt and sale. This goods are useful because they source of protein and vitamins to our body. It is also on demand because with knowledge in Agricultural i have can make.
very good and unique brands of yoghurts. I chose this business because of the availability of the resources that could help me make the yoghurt. I recently started the business and the profits that i get mostly goes into the growth of the business.

Loan Proposal

Granted the loan, i will use the money to buy a new motorbike for transportation of my yoghurts to the market places , Since starting the business, it has grown and my market has increased therefore with the loan, i can buy the motorbike and use it to available the yoghurt to my customers on daily basis.
I will benefit from the motorbike because i will cover a very large distance of my market and this will increase my profits. I expect a double in profit by almost 50% immediately i receive the loan.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Jan 27, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Thereze Ovid

Brooklyn, New York, United States

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