Entrepreneur
Name
Berur
Member since
February 2019
On-time repayments
48 installments • 65%
About Me
Am Berur, of 30yrs, a very hardworking and humble chap, am the 1st born of 4 siblings. I went to Jodan college here in Thika Kenya and attained food and beverage production certification. I got deep interest in mass production of Yogurt. I have perfected the art, that am only waiting for time and resources that i may open my own mass producing company. I also have proper knowledge and skills in fresh farm juice production. At the moment i only do small quantity production in my house, that i do supply to restaurants here in Thika.
My Business
As of now i do produce Yogurt of about 50 Litres per day, that i do supply to my clients here in Thika, i do major on three flavors, Strawberry, Vanilla and Mango. I do use my profits to pay my 2 precious kids education fee and the and try to save small that i may grow the business in the nearby future.I also have 5 dairy cows back in the village but only 2 are lactating as of now, the 3 are expectant and in 3 months time all will be producing milk in high volumes. The demand for Yoghurt here is high that it requires me to do mass production, but the challenges are the capital for buying a bigger deep freezer and renting a production and sales room.
In this Corona pandemic season I thank God that 4 of my dairy cows are lactating and there's plenty of milk to sell .
Loan Proposal
I intend to use the loan in toping up case for buying a dairy cow.
I urgently need at least 15000 to top up what I have so that I may may buy dairy cow.
Dairy business is big business never exploited fully, I intend to serious invest in it besides my Yoghurt production.
Another one lactating cow in my herd is a boost to monthly income from the sales of milk.
Income Source
Am glad that despite the present pandemic, dairy business has not been hurt that much.
The government is our major buyer of our dairy products. Moreso milk is highly consumed in my country and so the demand is all time hight, the market is never exhausted.
Besides my dairy business, with Yoghurt selling, when the lockdown was lifted, we experienced a boost in daily sales.
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$189.00
Date disbursed
Dec 2, 2020
Repayment status
On Time
Projected term
6 weeks
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Summary
Amount repaid
$189.94
Amount remaining
$0.00
Date repaid
Jan 17, 2021
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 13, 2020 | $31.66 | Dec 12, 2020 | $31.66 |
| Dec 20, 2020 | $31.66 | Dec 18, 2020 | $31.66 |
| Dec 27, 2020 | $31.66 | Dec 26, 2020 | $31.66 |
| Jan 3, 2021 | $31.66 | Dec 26, 2020 | $0.08 |
| Jan 2, 2021 | $31.58 | ||
| Jan 10, 2021 | $31.66 | Jan 2, 2021 | $0.07 |
| Jan 10, 2021 | $31.59 | ||
| Jan 17, 2021 | $31.63 | Jan 10, 2021 | $0.06 |
| Jan 17, 2021 | $31.57 | ||
Erik G Feb 1, 2021
joegraner Jun 19, 2020
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