Maize flour, cooking oil, sugar and other commodities to stock my shop
Daniel
Mochenwa, Kenya
100% repaid
Entrepreneur
Name
Daniel
Member since
August 2015
On-time repayments
263 installments • 73%
About Me
My name is Daniel Machooka. I was raised in a Christian family of eight but, unfortunately, I lost my father at a tender age. My mum took up the responsibility. I grew up like other children. When I realized what my mum was going through, I decided to assist my mum with all my effort, to do some manual work to assist, and even buying school uniforms and small things. I went through primary level and secondary level schools. Due to lack of fees, I managed to get a certificate in plumbing and pipe fitting.
Due to what I went through, it made me focus far so that I live a great and better life. I have worked hard to change what we used to be all seen to be, lives do change.
My Business
Dear lenders, I thank you once more for the good work and support you're giving us, more so to my business up to now. You are great people. Thank you so much and may God bless you always.
From my previous loan I have managed to do a lot projects like adding electricals to my shop. I planted trees, bananas, which are doing so well.
Loan Proposal
As you are aware, we are approaching an election session. There will be a lot of circulation of money. That's why I am applying for this loan to restock my shop for those commodities which will be of demand like:
maize flour: $ 283.30
cooking oil: $220.90
sodas: $128.50
sugar: $147.60
soap: $94.30
water: $55.20
salt: $37.10
total: $ 966.90.
After the end of it I hope to make a profit of between 25/30% and this will boost my business a lot. This will enable me to pay the loan and school fees and some of my relatives I am taking care of.
About Me
my name is Daniel Machooka who is was raised in a christian family of eight,but unfortunately I lost my father in tender age,my mum took the responsibility,I grew up like other children.when I realized what my mum was going through, I decided to assist my mum with all my effort,to do some manual work to assist even buying school uniform and small things.I went through primary level,secondary level. due to lack of fees I managed to get a certificate in Plumbing and pipe fitting.
Due to what I went through it made me to focus far,so that my I live a great and better life.I have worked hard to change what we used to be all seen to be,live do change.
My Business
`KEROSENE DEPOT
As additional to my previous loan of $990.4 of November 2017 I managed to purchase and install the kerosene pump as I stated from previous loan proposal .All went well no problem so far so good.as a matter of fact the customers are so happy because`the quantity is much more and quality is best what they trust,the demand has gone higher as you know even if the competition is there am much higher than them,its your effort which has taken me so far.From my last loan I managed to make around 50% almost equal to$490 which assisted me to clear my loan, bills in advances,and the remaining I added in my growing business. Am happy that the business is growing every day.
Loan Proposal
LOAN PROPOSAL
As you are aware we are approaching election session there will be a lot of circulation of money that's why am applying this loan to re stalk my shop for those commodities which will be of demand like,maize flour. $ 283.3 cooking oil.$220.9 sodas.$128.5 sugar.$147.6 soap.$94.3 water.$55.2 salt $37.1 .total $ 966.9.
After the end of it I hope to make a profit of between 25/30% and this will boost my business a lot and this will able me to pay the loan and school fees and some of my relatives am taking care of.
Feedback
Positive
5
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,030.00
Date disbursed
May 6, 2017
Repayment status
On Time
Projected term
3 months
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Summary
Amount repaid
$1,023.02
Amount remaining
$0.00
Date repaid
Aug 6, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 14, 2017 | $38.47 | May 14, 2017 | $38.47 |
| May 21, 2017 | $38.47 | May 21, 2017 | $38.47 |
| May 28, 2017 | $38.47 | May 28, 2017 | $38.47 |
| Jun 4, 2017 | $38.47 | Jun 4, 2017 | $38.47 |
| Jun 11, 2017 | $38.47 | Jun 11, 2017 | $38.47 |
| Jun 18, 2017 | $69.05 | Jun 18, 2017 | $69.05 |
| Jun 25, 2017 | $69.05 | Jun 25, 2017 | $69.05 |
| Jul 2, 2017 | $69.05 | Jul 2, 2017 | $69.05 |
| Jul 9, 2017 | $69.05 | Jul 9, 2017 | $69.05 |
| Jul 16, 2017 | $69.05 | Jul 16, 2017 | $69.05 |
| Jul 23, 2017 | $69.05 | Jul 23, 2017 | $69.05 |
| Jul 30, 2017 | $69.05 | Jul 31, 2017 | $69.05 |
| Aug 6, 2017 | $347.35 | Aug 6, 2017 | $347.35 |
Will Oct 12, 2017
Dean Suminski Aug 6, 2017
David Alcott May 11, 2017
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