Meat cutting machine to improve speed and quality
Edwin
Kokotoni, Kenya
100% repaid
Entrepreneur
Name
Edwin
Member since
April 2015
On-time repayments
64 installments • 64%
About Me
I'm a single 22 years old, third born in a family of four from Sirisia village in Bungoma county western Kenya. I have been blessed by both parents who supported me with çare and also education where I started my primary education up to secondary education, but I didnt proceed due to lack of finance. One year after my education, I joined my older brother who was working in a slaughter in kasameni kwale county coast Kenya, and I work with him for one year. Due to work challenges like overworking and working during the night, I decided to start my own small butchery with small amount of money which I have invested and also a support from my brother. I like watching movies and listening to music during my free time.
My Business
I sell cow and sheep meat which is highly demanded, as big percentage of human beings use it as their best favorite food and also does not have a high competition, because it requires large amount of capital to start, so many people cannot afford it. I chose and like my business because it is non seasonal, it moves faster and has high profit. I spent my profit to support my parents ,to overcome my needs and to upgrade my business.
Loan Proposal
immediately after I get this loan I will be able to buy a meat cutting machine which is worth $250 where I will add to the small amount which I have invested and it will make my work more easier as I will be able to serve many customers at a time and reduce rushing.also I will of cutting meat in to small pieces to save cooking time to my customers
About Me
Am single 22 years old third born in a family of four from sirisia village from Bungoma county western kenya.İ have been blessed by both parents who supported me with çare and also education where İ started my primary education up to secondary education but İ didnt proceed due to lack of finance.öne year after my education,İ joinedmy older brother who was working in a slaughter in kasameni kwale county coast kenya and work with him for öne year.due to work challenges in work like overworking and working during night İ decided to start my own small butchery with small amount of money which İ have invested and also a support from my brother I like wathing movies and listening music during my free time
My Business
İ sell cow and sheep meat which iş highly demanded as big percentage of human being use it as the best fovourite food and also does not high competition because it requires large amount of capital to start so many people cannot afford.I choose and like my bussiness because it is non seasonal,it moves faster and has high profit.I spent my profit to support my parents ,to overcome my needs and to upgrade my business
Loan Proposal
immediately after I get this loan I will be able to buy a meat cutting machine which is worth $250 where I will add to the small amount which I have invested and it will make my work more easier as I will be able to serve many customers at a time and reduce rushing.also I will of cutting meat in to small pieces to save cooking time to my customers
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 29, 2015
Repayment status
On Time
Projected term
7 weeks
Other loans
Lenders
Germany
Germany
United States
United States
Summary
Amount repaid
$105.14
Amount remaining
$0.00
Date repaid
Jun 21, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 10, 2015 | $10.51 | May 10, 2015 | $10.51 |
| May 17, 2015 | $10.51 | May 10, 2015 | $0.60 |
| May 20, 2015 | $9.91 | ||
| May 24, 2015 | $10.51 | May 20, 2015 | $1.20 |
| May 26, 2015 | $9.31 | ||
| May 31, 2015 | $10.51 | May 26, 2015 | $1.80 |
| Jun 1, 2015 | $8.71 | ||
| Jun 7, 2015 | $7.96 | Jun 1, 2015 | $7.96 |
| Jun 14, 2015 | $25.56 | Jun 13, 2015 | $25.56 |
| Jun 21, 2015 | $29.59 | Jun 21, 2015 | $29.59 |
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