Entrepreneur
Name
Peter
Member since
May 2017
On-time repayments
128 installments • 49%
About Me
My names are Peter Ngare Kamau a resident of subukia where i do my business and also live. I have been doing some businesses before i decided to settle on Milk supply business. I do collect milk from farmers around and retail the same to my customers at a profit. This business i inherited from my parents and have been using the name that they had already established.
My Business
My business is known as Wema Milk cafe, I sell milk after purchasing from farmers. I buy from nearby farmers and paythem monthly after selling at a profit, the main challenge i face is obtaining the necessary permit and also harrassment from local authority. I have since obtained licence from the Kenya dairy board and do wish to obtain a trading licence so that I can operate without fear.
Loan Proposal
Thank you lenders I am now on my third loan, I request this loan because I want to purchase large storage tank where i can store the milk for cooling before I sell. With my second loan, i bought a weighing machine. This time round I need to purchase a tank. This will enable me operate efficiently and avoid a lot of mixing as at the moment since the fore the mixing the more the chances of contaminating the milk.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$125.00
Date disbursed
Aug 11, 2017
Repayment status
On Time
Projected term
14 months
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Germany
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