New motorbike
Onesmus Mungutu
Embakasi Utawala, Nairobi, Kenya
100% repaid
Entrepreneur
Name
Onesmus Mungutu
Member since
September 2012
On-time repayments
145 installments • 66%
About Me
I am married man with one child and one wife. My Child is seven year old and in class 3. I love my family very much and that why I work hard to make them happy. I went to school up to form two and I was not able to continue with school because my parents could not be able to pay for my school fee because we were poor and a family of Ten children. I was employed as a posho machine operate after school to help my parent educate my brothers and sister and I did that job for two year and started my own business of selling milk in the year 2006
My Business
I stated my business of selling milk in the year 2006 and my business was dong very well. stated selling 8 creates of milk every day and and now I can sell up to 14 creates of Milk making about KES1000
400 per day on milk only. I diversified my business and started selling bread and know am selling the most popular brand in the market known as super loaf. am able to sell 16 creates of bread every day making a profit of KES650 per day, In a god day I make a profit of KES 950 that is KES 28500 per month. I use this money to pay for the family expenses, and house rent and the rest i invest back to the business
Loan Proposal
Dear Lenders,
I would like to apply for another loan so that I can be able to buy another motorbike for use of transportation.The one that am using currently has gone old and need alot of repairs.Sometimes it has problems and its on rush hours and so orders get delayed.I feel a new motorbike will be fast enough and will enable me to deliver my orders in time
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$387.00
Date disbursed
Feb 6, 2015
Repayment status
On Time
Projected term
14 months
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