Petroleum jelly

Emmanuel Mbagi

Kisumu, Kenya

6% repaid

Entrepreneur

Name

Emmanuel Mbagi

Member since

May 2017

On-time repayments

63 installments  •  51%

About Me

am a Kenyan citizen aged 36 and a further of one i am a second year drop out from university of Nairobi chiromo campus having undertaken Bsc in analytical chemistry.with yr support am planning to venture into poultry farming to increase my financial base as this will help me not to over relay on one source of income.

My Business

am in small scale manufacturing business..... I make petroleum jelly pack them and supply them to small shops around my county kisumu.in a week I can make 25000/=.I do my supply using a motorcycle but with enough funds am planning to expand it to reach out to the big players and increase my confidence to my clients.inconjuction to this i also started poultry farming with 50 birds which is the photo i have uploaded.

Loan Proposal

there is much to done in my business like constant advertisement in the local media increase inventories and also increase the number of personnel to assist in production and marketing.in the poultry sector i need to enlarge the poultry house and equipment to enable me handle a bit lager poultry of a bout 300 birds.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$643.83

Date disbursed

Apr 27, 2018

Repayment status

Late

Projected term

7 months

Cost to entrepreneur

Service fee: $27.12

Credit risk payment: $81.38

Lenders

Kysera

Crawfordsville, United States

fairspirit

Utrecht, Netherlands

JA

Jan Andresen

Hamburg, Germany

HCPSPIRIT

Helsinki, Finland

Paul Buchheit

Mountain View, United States

John Barnett

United States

CN

Craig Newmark

United States

Ask Emmanuel a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...