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.

Feedback

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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

A

Anninymouse

Southampton, United Kingdom

M

m_dennis

Toronto, Canada

Sarasota

Sarasota, Fl, United States

dlpringle

Denver, United States

Matching Fund

Sterling, United States

CMK71

San Francisco, United States

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Summary

Amount repaid

$73.93

Amount remaining

$0.00

Date repaid

Nov 12, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 23, 2014 $3.36 Jun 22, 2014 $3.36
Jun 30, 2014 $3.36 Jun 22, 2014 $0.01
Jun 30, 2014 $3.35
Jul 7, 2014 $3.36 Jun 30, 2014 $0.02
Jul 4, 2014 $2.56
Jul 7, 2014 $0.78
Jul 14, 2014 $3.36 Jul 7, 2014 $0.62
Jul 15, 2014 $2.74
Jul 21, 2014 $3.36 Jul 15, 2014 $0.63
Jul 22, 2014 $2.67
Jul 28, 2014 $0.06
Jul 28, 2014 $3.36 Jul 28, 2014 $3.36
Aug 4, 2014 $3.36 Jul 28, 2014 $0.02
Aug 6, 2014 $3.34
Aug 11, 2014 $3.36 Aug 6, 2014 $0.03
Aug 11, 2014 $3.33
Aug 18, 2014 $3.36 Aug 11, 2014 $0.05
Aug 18, 2014 $3.31
Aug 25, 2014 $3.36 Aug 18, 2014 $0.02
Aug 31, 2014 $3.34
Sep 1, 2014 $3.36 Aug 31, 2014 $0.15
Sep 16, 2014 $2.44
Sep 17, 2014 $0.77
Sep 8, 2014 $3.36 Sep 17, 2014 $3.36
Sep 15, 2014 $3.36 Sep 17, 2014 $1.69
Oct 1, 2014 $1.67
Sep 22, 2014 $3.36 Oct 1, 2014 $3.36
Sep 29, 2014 $3.36 Oct 1, 2014 $1.94
Oct 10, 2014 $1.42
Oct 6, 2014 $3.36 Oct 10, 2014 $2.07
Nov 1, 2014 $1.29
Oct 13, 2014 $3.36 Nov 1, 2014 $3.36
Oct 20, 2014 $3.36 Nov 1, 2014 $2.33
Nov 8, 2014 $1.03
Oct 27, 2014 $3.36 Nov 8, 2014 $1.29
Nov 11, 2014 $2.07
Nov 3, 2014 $3.36 Nov 11, 2014 $3.36
Nov 10, 2014 $3.36 Nov 11, 2014 $0.38
Nov 12, 2014 $2.98
Nov 17, 2014 $3.36 Nov 12, 2014 $3.36

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