Name
Nelly
Member since
February 2017
On-time repayments
39 installments • 100%
I am the first born in a family of four raised by a single mother. I managed to study through public primary school in meru county whereby i got good grades and joined a provincial secondary school in machakos county.
After finishing high school i started doing promotions with various companies and the money went to my education in a polytechnic where i pursued marketing and had my diploma.
Through the skills and knowledge acquired i started baking and selling small cakes in my neighborhood and the response was good.In meru there is a high population of people and agriculture does well so raw materials and market are readily available.
Am passionate about cooking and my dream is to start my own cafeteria.i also love traveling and learning different recipes from different cultures.
am in the food service industry where by i bake cakes and cook food to deliver to people in organization,done through ordering. this service is in demand because its convenient and affordable.am passionate about cooking.costs consist of raw materials e.g flour,oil electricity,labour etc.the returned revenue is at break even point.i use my profits to reinvest in the business.
The money will go a long way in adding to the materials needed to increase the daily output in my restaurant.materials needed are floor@14 dollars ,cooking oil@16 dollars electricity and labor expensee@19 dollars.
This will really help in production and increase my sales margins which will help in the growth of my business.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$48.00
Date disbursed
Dec 25, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Amount repaid
$48.53
Amount remaining
$0.00
Date repaid
Feb 24, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 6, 2018 | $4.93 | Jan 6, 2018 | $4.93 |
Jan 13, 2018 | $4.93 | Jan 13, 2018 | $4.93 |
Jan 20, 2018 | $4.93 | Jan 20, 2018 | $4.93 |
Jan 27, 2018 | $4.93 | Jan 27, 2018 | $4.93 |
Feb 3, 2018 | $4.93 | Feb 3, 2018 | $4.93 |
Feb 10, 2018 | $4.93 | Feb 10, 2018 | $4.93 |
Feb 17, 2018 | $4.93 | Feb 17, 2018 | $4.93 |
Feb 24, 2018 | $4.93 | Feb 24, 2018 | $4.93 |
Mar 3, 2018 | $4.93 | Feb 24, 2018 | $4.93 |
Mar 10, 2018 | $4.19 | Feb 24, 2018 | $4.19 |
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