Deep freezer to preserve meat at my butcher shop
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
I have been working for a period of time with a lot of challenges as I was using the common knife to cut meat but when I get the first loan I was able to buy a cutting machine which has helped me a lot as it has make my work more easier saving my time and serving many customers at time so my sales increase in large percentage.the problem I have now is very preservation of meat as it is perishable and the weather in my working area is very hot so meat cannot go for a long period of time without coming bad so if I get this loan i will buy my own freer which will cost me $337 and will help me to escape charges of hiring.also it will help me to hold a large stock especially in these festive season of ramadhan Muslims holiday making a lot of income
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
I have been working for a period of time with a lot of challenges as I was using the common knife to cut meat but when I get the first loan I was able to buy a cutting machine which has helped me a lot as it has make my work more easier saving my time and serving many customers at time so my sales increase in large percentage.the problem I have now is very preservation of meat as it is perishable and the weather in my working area is very hot so meat cannot go for a long period of time without coming bad so if I get this loan i will buy my own freer which will cost me $337 and will help me to escape charges of hiring.also it will help me to hold a large stock especially in these festive season of ramadhan Muslims holiday making a lot of income
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$189.00
Date disbursed
Jul 1, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
I want my "My loans" page back, Qatar
Washington, DC, United States
Germany
Taiwan
New Zealand
Summary
Amount repaid
$197.49
Amount remaining
$0.00
Date repaid
Sep 19, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 12, 2015 | $15.19 | Jul 18, 2015 | $15.19 |
| Jul 19, 2015 | $15.19 | Jul 23, 2015 | $15.19 |
| Jul 26, 2015 | $0.00 | ||
| Aug 2, 2015 | $2.06 | Aug 2, 2015 | $2.06 |
| Aug 9, 2015 | $2.06 | Aug 9, 2015 | $2.06 |
| Aug 16, 2015 | $2.06 | Aug 20, 2015 | $2.06 |
| Aug 23, 2015 | $2.06 | Aug 25, 2015 | $2.06 |
| Aug 30, 2015 | $0.00 | ||
| Sep 6, 2015 | $51.55 | Sep 6, 2015 | $51.55 |
| Sep 13, 2015 | $51.55 | Sep 16, 2015 | $51.55 |
| Sep 20, 2015 | $1.03 | Sep 17, 2015 | $1.03 |
| Sep 27, 2015 | $54.64 | Sep 19, 2015 | $54.64 |
| Oct 4, 2015 | $0.11 | Sep 19, 2015 | $0.11 |
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