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.
This money will help alot in acquiring the various materials and ingredients required.e.g flour,cooking oil.A bale of flour will cost around 15$ and cooking oil a three litre bottle for 4$.
Due to icrease in demand for the snacks from customers,this will greatly icrease the output. it will increase the sales and profit margins of the business.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Nov 1, 2017
Repayment status
On Time
Projected term
7 weeks
Other loans
Amount repaid
$19.39
Amount remaining
$0.00
Date repaid
Dec 19, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 11, 2017 | $2.95 | Nov 11, 2017 | $2.95 |
Nov 18, 2017 | $2.95 | Nov 18, 2017 | $2.95 |
Nov 25, 2017 | $2.95 | Nov 25, 2017 | $2.95 |
Dec 2, 2017 | $2.95 | Dec 2, 2017 | $2.95 |
Dec 9, 2017 | $2.95 | Dec 9, 2017 | $2.95 |
Dec 16, 2017 | $2.95 | Dec 16, 2017 | $2.95 |
Dec 23, 2017 | $1.67 | Dec 19, 2017 | $1.67 |
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