Tins and labels for peanut butter business

Lidya

Nairobi, Kenya

32% 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

Thank you dear lenders for your continued support.
once again am humbly requesting for financial assistance to enable me supply peanut butter to my esteemed customer.
The last loan really really helped with my business profit.
This loan am requesting this time I'd for the purchase of about 400 tins and 400 labels to be precise.
This loan if grunted will cut my cost of production by half the price of one tin of peanut.

the cost of peanut is relevantly high this time so the profit margin has reduced.

This loan will cover for the reduced profit margin taken over by the cost of peanut.

This is my plea to be able to earn extra income for daily running of house,school fees and savings

thanks and God bless
regards
Lidya awino

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.00

Date disbursed

Feb 23, 2016

Repayment status

Late

Projected term

2 months

Lenders

L

Leonora

TÄBY, Sweden

R

roozbeh

United States

wissam

Jeddah, Saudi Arabia

Jon

Ireland

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