Purchase stock to expand tea business

H

Mombasa, Kenya

100% repaid

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Entrepreneur

Name

H

Member since

March 2015

On-time repayments

48 installments • 58%

About Me

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My Business

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Loan Proposal

I propose to buy 80 kilos of tea at cost of 8,000 shillings and 2,000 transport cost to the shops. will sale a kilo at 180 shillings and will make a profit of 6,400 shillings per month. Will use the profit to expand the business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 17, 2015

Repayment status

On Time

Projected term

4 months

Other loans

Lenders

Trinidad, California, United States

Mountain View, United States

Berlin, Germany

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H Apr 18, 2016

would like to clear the balance. Posho mill working well. the rains have started we expect a good harvest in August.

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H Jan 6, 2016

business has slowed down

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H Oct 26, 2015

Faced challenges business not picking as planned.

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H Sep 24, 2015

I appreciate the support I have received from lenders and im confident my project will be a success, once again thank you all my lenders I will keep you posted on the outcome.

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H Sep 22, 2015

I will buy the posho mill the money received will help top up on the investment
It will help my community customers to manufacture maize meal floor.
I Thank the lenders for supporting my project and I will use the finance wisely.

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H Apr 20, 2015

Thank you all lenders I received my loan request. I have started my project and progress is good.

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H Apr 16, 2015

Thank you Jim, look forward to start my project, many thanks to all the lenders.

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JimVandegriff Apr 15, 2015

Congratulations, Henry, on being fully funded, and thanks to my fellow lenders for doing this.

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