Adding stock of peanut-butter & peanuts

Isika

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Isika

Member since

March 2020

On-time repayments

43 installments  •  65%

About Me

I Isika Musomba, completed my A levels in the year 2011. I come from a humble Christian family. I am a business man located in Nairobi city in Kenya. I deal with peanut business and other small hustle busines

My Business

I deal with peanut business for both peanut butter and raw peanut roasting. I sell these peanuts at the Kibera Nairobi slums. Peanuts are fast going commodities because are fairly prized.

Loan Proposal

I will take 100USD to purchase 1 bag of raw peanut for roasting purpose. I will then use my current capital of around 60USD for grinding the roasted peanuts. I expect at least a profit increase of upto 50% percent in 1 month of operating with this loan. I will be much happy for your help.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 19, 2020

Repayment status

On Time

Projected term

11 months

Lenders

Paul Buchheit

Mountain View, United States

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  • Madesto    Mar 5, 2021

    i called isika and he promised to pay his dues by the end of the month.

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  • Isika    Feb 25, 2021

    Financial constraints,no customers so products are not going.

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  • Isika    Feb 10, 2021

    I'm experiencing financial constraints now in my business

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  • Isika    Jan 6, 2021

    Financial constraints

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  • Isika    Dec 13, 2020

    Financial constraints

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  • Isika    Oct 15, 2020

    Financial constraints.

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  • Isika    Sep 16, 2020

    For now my business is not doing good.

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  • Isika    Aug 25, 2020

    Business is down for now.

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  • Isika    Jun 9, 2020

    The business has been affected alot there is no customers and others have shifted to other businesses leaving me stranded with peanuts I surply.

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  • Isika    Apr 27, 2020

    The business is down for now,you find those I was supplying peanuts they have already closed the businesses,others have changed their business and so it's very hard even to buy food.

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  • Isika    Apr 8, 2020

    Hi Lenders,

    The situation here is very severe. We are currently making very little sales due to evening curfew and covid 19 fears. I therefore request to adjust installment amount.

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  • Isika    Mar 18, 2020

    I'm so grateful for having funded my loan,now I will buy more stock for my business and expand it by providing new customers.Thank you so much.

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