Entrepreneur
Name
Oscar
Member since
June 2017
On-time repayments
23 installments • 57%
About Me
I was born in Nandi,the source of athletic champions and grew up in a farm environment.Cleared my university education graduating with an Economics/Public administration degree before joining world leader in the security business G4S as a guard,management trainee,branch manager and Regional General Manager.Quit and went back to college for an MBA and started my security company which am now building stealthily.I am also a budding maize farmer.
My Business
The company currently has a turnover of £1000 per month with typical costs being wages £700,operating expenses £100 dollars and steadily growing.Main constraint is cashflow especially when salaries are due(end month) with customers paying from the 10th ofevery month.
Loan Proposal
Running a security company requires some cashflow which am yet to stabilize.I intend to use the loans to bridge the financial gap and meet the business expectations and expenses.I am intent to build my credit limit to equal my wage amount of ksh. 70,000 so that,I can meet my employee expectations on a timely basis.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$34.00
Date disbursed
Dec 28, 2017
Repayment status
On Time
Projected term
3 weeks
Other loans
Lenders
Germany
Ask Oscar a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.