Supplier of milk and bread

Onesmus

Embakasi Utawala, Nairobi, Kenya

100% repaid

Entrepreneur

Name

Onesmus

Member since

September 2012

On-time repayments

145 installments  •  66%

About Me

I am married man with one child and one wife. My Child is seven year old and in class 3. I love my family very much and that why I work hard to make them happy. I went to school up to form two and I was not able to continue with school because my parents could not be able to pay for my school fee because we were poor and a family of Ten children. I was employed as a posho machine operate after school to help my parent educate my brothers and sister and I did that job for two year and started my own business of selling milk in the year 2006

My Business

I stated my business of selling milk in the year 2006 and my business was dong very well. stated selling 8 creates of milk every day and and now I can sell up to 14 creates of Milk making about KES1000


400 per day on milk only. I diversified my business and started selling bread and know am selling the most popular brand in the market known as super loaf. am able to sell 16 creates of bread every day making a profit of KES650 per day, In a god day I make a profit of KES 950 that is KES 28500 per month. I use this money to pay for the family expenses, and house rent and the rest i invest back to the business

Loan Proposal

Dear lenders Below is a rough description of how I will use my loan; 30 crates of milk -20880 15 crates of bread -10500 fuel for motor bike 6000 per month. I will be able to have enough stock to supply my customers and I will not have to call the manufactures van at least thrice in a day like I used to.I will also make more profit and save time as I will be able to deliver in time since I have enough fuel.I will also supply all the contracts that i have been given in the past but because of luck of finances I was unable to.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$417.00

Date disbursed

Mar 12, 2014

Repayment status

On Time

Projected term

11 months

Lenders

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

R

Rootdet

Fairfax, United States

Paul Buchheit

Mountain View, United States

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