Thanks. i will use this to make 500 brochures to advertise my business to potential customers
Collins
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Collins
Member since
February 2014
On-time repayments
102 installments • 38%
About Me
I am an accountant by profession, married with a small daughter. I am undertaking my Bachelors in Commerce at Catholic University; I am also a Certified Public Accountant (CPA), with a diploma in Business Management. I want to start a new business of selling fresh juice and smoothies to since I have done my research and found that many Kenyans now are becoming health-conscious people who are seeking alternatives to the high-sugar, high-fat beverages offered by companies. I have already establish a market near, since this is a new business, I want to start small scale to see the demand of my new juice and smoothie menu that I have been developing for some time now.
My Business
As I have already mentioned, I would like to venture into a new business of fresh juice and smoothies, many Kenyans now are becoming health-conscious people who are seeking alternatives to the high-sugar, high-fat beverages offered by companies. I have already establish a market near, since this is a new business, I want to start small scale to see the demand of my new juice and smoothie menu that I have been developing for some time now. The loan will be used to purchase a small commercial blender @ USD. 140. Currently there is no such business within my estate which has a very high population of middle class. From my research, there is a good market that has not been explored.
I have developed 5 flavors of smoothies that will retail at USD 1.8 for a glass of 500ML and USD 1.2 for a glass of 300ML, I estimate monthly sales to be USD 585. The total monthly estimated cost will be USD 385.
Loan Proposal
Since this is a new business, I will create 500 brochures to be distributed to potential customers. The location of the fitness center is on a very busy road that is usually used by people in the morning and evening while going to work, school etc. From this, I estimate to create awareness of the fitness center and get at least 50% customers.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Feb 10, 2014
Repayment status
On Time
Projected term
2 months
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Summary
Amount repaid
$51.46
Amount remaining
$0.00
Date repaid
Apr 29, 2014
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 23, 2014 | $5.72 | Feb 28, 2014 | $5.72 |
| Mar 2, 2014 | $5.72 | Feb 28, 2014 | $5.72 |
| Mar 10, 2014 | $5.72 | Feb 28, 2014 | $0.33 |
| Mar 7, 2014 | $5.39 | ||
| Mar 17, 2014 | $5.72 | Mar 7, 2014 | $5.72 |
| Mar 24, 2014 | $5.72 | Mar 7, 2014 | $0.66 |
| Mar 31, 2014 | $5.06 | ||
| Mar 31, 2014 | $5.72 | Mar 31, 2014 | $5.72 |
| Apr 7, 2014 | $5.72 | Mar 31, 2014 | $0.99 |
| Apr 5, 2014 | $4.73 | ||
| Apr 14, 2014 | $5.72 | Apr 5, 2014 | $5.72 |
| Apr 21, 2014 | $5.72 | Apr 5, 2014 | $1.32 |
| Apr 29, 2014 | $4.35 | ||
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