Soft drinks for food retail

Tom

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Tom

Member since

April 2017

On-time repayments

14 installments  •  21%

About Me

Am Tom.O. Onyango ,am a university graduate with degree in Finance and accounting, am married and with 5 children. I am a business man operating a fast food cafe in Nakuru Kenya. I sell drinks and cooked food. I also operate Mpesa sub agent outlet.

My Business

Fast food cafe in Nakuru Kenya and makes average KES.4,000 sale a day.The food we cook are chips, ugali, chapat,i mboga and other varieties of cooked food. Also sell soft drinks and bottled water. Mpesa shop also available with scratch cards for mobile phone s top up.

Loan Proposal

will use the loan to buy soft drinks in a pack of 24 bottles . Pack of 500ml plastics sodas cost 13 US dollars(Kes 1300) and sell per bottle at 0.8US dollars(Kes.80) hence make a 19.2 US dollars(Kes.1920). Profit of 6.2 US dollars( Kes.620) per pack.
I will buy the number of packs depending on the loan I will receive.
Benefit it will increase my sale and profit and customer demand and satisfaction.
I expect profit to incraese by more than 25% of the previous sales,.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$52.00

Date disbursed

Feb 23, 2019

Repayment status

On Time

Projected term

6 weeks

Lenders

Paul Buchheit

Mountain View, United States

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