Thanks for considering to contribute towards my loan hence i will use the money to expand my fish business

Sarah

Githurai, Kenya

100% repaid

Entrepreneur

Name

Sarah

Member since

December 2013

On-time repayments

65 installments  •  18%

About Me

My name is Sarah Awuor and reside in Githurai. I have successfuly completed secondary education. I am a single mother of 2 children whereby one has completed secondary education while the other is still in primary school within the community.

My community is githurai which is approximately 16 KM from the city center and is an informal settlement.

I started my business to support my family living expenses and education for my children hence it has really assisted us and now I want to exapnd and accomodate the customers demand.

My Business

My business is based in Githurai and it involves buying and selling of fish to the local people. I purchase fish from Gikomba.

My business entails selling various kind of fish such as omena and tilapia. The local people like fish thus I have many customers but am not in position to meet their demand because of limited capital thus I kindly request you to consider support my business.

Profit from my business is used for upkeep, children education and savings hence I will use part of my savings to repay the loan.

My average monthly sales is Kshs 45000 and the average expenses is Kshs 25000 and profit is Kshs 20 000.

Loan Proposal

Thanks for considering to contribute towards my loan hence I will use the money to expand my fish business. I will improve my stock as follows tilapia at kshs 2000 and omena at Kshs 2000 and the Kshs 200 will purchase more of the packing papers. The new stock will ensure my business meets customers demand hence increasing my revenue. I will ensure to repay the loan as proposed and also I will update you all on the progress of the business. Thanks and have a good day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jan 26, 2014

Repayment status

On Time

Projected term

5 weeks

Other loans

Lenders

Hope2012

United Kingdom

D

danielske

Branford, United States

Richard Griebe

La Jolla, United States

S

sparty0410

Chicago, United States

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Summary

Amount repaid

$50.58

Amount remaining

$0.00

Date repaid

Mar 2, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 7, 2014 $10.09 Feb 5, 2014 $10.09
Feb 14, 2014 $10.09 Feb 5, 2014 $1.67
Feb 21, 2014 $8.42
Feb 21, 2014 $10.09 Feb 21, 2014 $3.34
Feb 25, 2014 $6.75
Feb 28, 2014 $10.09 Feb 25, 2014 $0.31
Feb 28, 2014 $9.79
Mar 7, 2014 $10.09 Feb 28, 2014 $6.68
Mar 2, 2014 $3.41

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