Humphrey
Kangemi, Kenya
100% repaid
Name
Humphrey
Member since
February 2015
On-time repayments
95 installments • 64%
during my childhood , i used to sty with my mum in the kitchen . and that gave me an interest in cooking . some times i used to visit my uncle in Mumias town where he ran a restaurant . From there i developed an intrest in making snacks. when i came to Nairobi my fist employment was in a snacks manufacturing company but now a bit different , the snacks were of the indian origin which is abit improvised and durable. people in my country, especialy low income earners are used to [chapatis and mandazis] in the first place they never used to like my snacks as time went by they are getting used to my products thus giving me an advantage. when our company reduced employees due to what they termed as drastick fall in their business i was one of the people who received termination latters and i decided to start my own business .
I make and sale snacks like potato crisps, banana crisps roast\fry peanuts and other snacks of the Indian origin. the snacks i make are in demand to low income earners because they have been initialy sold in supermarkets and malls but turget is low incom earners . i chose this business because it is unique and typical cost is a round khs 8000 to buy the products and the revenue that comes out after sale is round ksh12000 the revenue earned is usually used in paing school fees for my son , house rent and reinvestment in growing the business
I have been peeling potatoes manually which has not been easy for me to make a biger stock for the next day sales with a potato peeler i will be able to make a stock for sale in three days. i also feel it will reduce my labor cost and increase production .i know that the money am a plying is not enough but it has been my plan for a long time so i have been saving towards it , so if i get the loan together with some savings i will buy that machine . a smaller size is saling at a prize of seventeen thousand kshs for now i have around nine thousand together with the loan i will have it for sure . i have been spending a lot of time on production other than focusing on sales . with this machine am going to double my sales which i am sure of . because i will spend a lot of time on sales .
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$92.00
Date disbursed
Jun 15, 2016
Repayment status
On Time
Projected term
5 months
Other loans
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Amount repaid
$96.60
Amount remaining
$0.00
Date repaid
Dec 1, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 26, 2016 | $4.04 | Jun 27, 2016 | $4.04 |
Jul 3, 2016 | $4.04 | Jul 4, 2016 | $4.04 |
Jul 10, 2016 | $4.04 | Aug 2, 2016 | $4.04 |
Jul 17, 2016 | $4.04 | Aug 2, 2016 | $4.04 |
Jul 24, 2016 | $4.04 | Aug 2, 2016 | $4.04 |
Jul 31, 2016 | $4.04 | Aug 2, 2016 | $4.04 |
Aug 7, 2016 | $4.04 | Aug 31, 2016 | $4.04 |
Aug 14, 2016 | $4.04 | Aug 31, 2016 | $4.04 |
Aug 21, 2016 | $4.04 | Aug 31, 2016 | $4.04 |
Aug 28, 2016 | $4.04 | Aug 31, 2016 | $4.04 |
Sep 4, 2016 | $4.04 | Sep 30, 2016 | $4.04 |
Sep 11, 2016 | $4.04 | Sep 30, 2016 | $4.04 |
Sep 18, 2016 | $4.04 | Sep 30, 2016 | $4.04 |
Sep 25, 2016 | $4.04 | Sep 30, 2016 | $4.04 |
Oct 2, 2016 | $4.04 | Nov 1, 2016 | $4.04 |
Oct 9, 2016 | $4.04 | Nov 1, 2016 | $4.04 |
Oct 16, 2016 | $4.04 | Nov 1, 2016 | $4.04 |
Oct 23, 2016 | $4.04 | Nov 1, 2016 | $4.04 |
Oct 30, 2016 | $4.04 | Nov 1, 2016 | $4.04 |
Nov 6, 2016 | $4.04 | Dec 1, 2016 | $4.04 |
Nov 13, 2016 | $4.04 | Dec 1, 2016 | $4.04 |
Nov 20, 2016 | $4.04 | Dec 1, 2016 | $4.04 |
Nov 27, 2016 | $4.04 | Dec 1, 2016 | $4.04 |
Dec 4, 2016 | $3.74 | Dec 1, 2016 | $3.74 |
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