Name
Peter
Member since
March 2017
On-time repayments
12 installments • 33%
Introduce yourself to lenders.
Am peter from kenya....reared by a peasant farmer...where schooled barefooted up to class 8...Through well wishers completed form 4 passed...went kabete campus for diploma sales n marketing...als done business management Mombasa poly..als did accounting...looked for a collar job n lacked...was hired to sell water through tanker...saved money and bought a pick up...do same job....Election and chaos for 2012 in kenya through rioting brought my business down...my vehicle was burnt...had not insured.began doing marketing for products...currently employed n doing part time own job...selling feeds
Describe your business or income source.Am employed in a factory salaried kshs 30,000...Through savings...have began producing my own animal feeds part time..Hv employed 3men n 2ladies..we normally mix it with spades...lack finances to buy a mixer and rawmaterials..Enlarge our company..The farmers we serve awaits till paid money for milk.if we may be in position to have funds..we may be buying also their milk and look for marketing...als produce a quantity tht may serve even neighbouring towns...Employ more people..due do deliveries..looking a facility from bank failured for lacking asset...we av a merry go round among members that helped us raise money to rent a big hall....als buy materials
Add stock for rawmaterials thus increase productivity..livestock feeds so inadequate...Getting funds will be able to increase stock.This will boost production increasing net profit by 20% per day...average per month thus will have paid the loan and be left with a good income to help me in appraisal of bigger loan..be able to employ three more casual labourers...
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Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
May 31, 2017
Repayment status
On Time
Projected term
6 weeks
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