Tins and labels for peanut butter

Lidya

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Lidya

Member since

April 2015

On-time repayments

43 installments  •  60%

About Me

My name is Lidya Awino and was born in Nairobi. I come from a family of eight children.
My mother is the one who was the sole bread winner and taking care of eight children was a task for her.
Having to share everything was a challenge but God has managed to be faihtfull till we are all grown up now.
Being many children i come from an area where peanuts are grown alot.
My siblings and i started getting peanuts frying,grinding them for peanut butter and selling them to make profit in order to cater for our daily needs.
This turned into a major business which has managed to raise us through our lives.

My Business

My business now is mainly making peanut butter. i supply them to super markets and sell them to families,friends.
The name of the product is called Victoria Land Peanut Butter.This business is easy as the peanuts take long to go bad and can stay up to one year.
My costs of running the business mainly is buying of tins,labels,peanuts,grinding and roasting in order to get a finished product. This costly mainly is around KSH 10,000.00.
The profits mainly are for school fees of my son,my college fees and also saving up for a roasting and grinding machine in future.

Loan Proposal

If i manage to get the loan this will go towards buying of tins and labels.
The cost of tins is USD 30.00
The cost of lables is USD 20.00

Once this is in order the costs will reduce and my profit will increase thus making my business and savings to go up.
Part of this profit will be saved into my account project for buying a roaster and grinder machine,partly will be used to buy more peanuts.
Once the tins and lables are in order my profit will increase to USD 30.00

Thanks once again in giving me chance to establish myself through zidisha

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

May 10, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

malcolm D

grants pass, United States

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