Purchase of stock for milk bar
Emmanuel
Otongolo Center, Kenya
100% repaid
Entrepreneur
Name
Emmanuel
Member since
April 2014
On-time repayments
101 installments • 26%
About Me
I was born in 1988, and now 26 years old single man and Christian by faith, I started my primary school at chemoibon primary school in keiyo district. I transferred to Kapkelelwa boarding school in 1996 to join standard three class and I continued until I completed and attained my primary certificated in the year 2001. In the 2002 I joined Bartolimo High School and successfully completed my Olevel education in the year 2005 and attained Kenya secondary school education certificate. I tried did farming in Uasin-gishu district, moiben division, torochmoi sub location at village known as kilima in the year 2006 whereby I was staying in uncles home. In year 2007 I joined Moi University chepkoilel campus which is currently University of eldoret and pursue degree in microbiology and successfully completed in the year 2011. I worked on several research projects and I was employed at oserian Development Company in June 2012 and the contract ended in November 2012. Immediately I was employed digicom research farm in thika as a research writer where I gained experience in online writing and I obtained my research writing account which I am working on as freelance research writer up to date. Most recently i was employed at TNS-RNS based in Nairobi as Field officer. It is a research and market company.
My Business
As I mentioned in my story, I opened a milk bar in Otongolo whereby I don’t have many competitors and I have high demand from my customers but sometimes I face milk shortages but I have tried my best to ensure that my customers are satisfied. On average I save 200 US dollars in this business in a month. Since the room occupied by this business have a big space, I have applied for a refrigerator from equator coca cola company which has been approved by regional sales manager, whereby they require me to buy ten crates of soda on the day the will deliver the fridge. If awarded the loan, I will use it to buy this crates and other soft sold by the company like minute maid and dassani water. I strongly trust that this assistance enable me increase my monthly saving by adding other products that I will be selling and even have more customers in my business. I will keep you posted on the progress of my business.
Loan Proposal
I opened a milk bar in Otongolo whereby I don’t have many competitors and I have high demand from my customers but sometimes I face milk shortages but I have tried my best to ensure that my customers are satisfied. On average I save 200 US dollars in this business in a month. Since the room occupied by this business have a big space, I have applied for a refrigerator from equator coca cola company which has been approved by regional sales manager, whereby they require me to buy ten crates of soda on the day the will deliver the fridge. If awarded the loan, I will use it to buy this crates and other soft sold by the company like minute maid and dassani water. I strongly trust that this assistance enable me increase my monthly saving by adding other products that I will be selling and even have more customers in my business. I will keep you posted on the progress of my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$70.00
Date disbursed
Jun 10, 2014
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
Southampton, United Kingdom
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