Entrepreneur
Name
Nelly
Member since
September 2012
On-time repayments
11 installments • 0%
About Me
am Nelly asser.i reside in mtondia kilifi kenya,iam married with two baby boys,david and duncan.duncan is now in class two.Am a business lady,selling mineral water in my kiosk as shown in my photo.i went upto form two and dropped out due to school fees.i started this business to be able to feed myself and my family.The earnings is used to buy more stock for my business.i wish one day i would buy machines and package my own water.
My Business
my business is selling of mineral water within kilifi town.i supply to shops ans even to individual vendors.the demand for water is high since the place is hot and therefore good for people.i charge about kshs 20 per bottle and is ell about 50 bottles in a day.This amounts to about kshs 1,000 per day.In a good month i have kshs 30,000 in sales,minus kshs 9,000 which are expenses. my total profit is about kshs 21,000 which i used to send my boys to school and feed them too.Risks include whenever it rains,there is a drop in sales.
Loan Proposal
My business business is selling of mineral water within kilifi town.i will use my loan to purchase more cartons of mineral water.I intend to buy 100 cartons of drinking water,this shall cost about kshs 25,000.I will also use kshs 10,000 to renovate my shelves for the water storage.The rest of the kshs 6,000 shall be used to pay for my transport.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Nov 21, 2012
Repayment status
Late
Projected term
12 months
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