Amos
Kitusuru, Kenya
$0 to go
100% funded of $55 goal
0
days left
Name
Amos
Member since
July 2016
On-time repayments
29 installments • 0%
I am Amos a business man.I have been running this business for five years now after i completed my high school level.I was not lack one because i performed very well but i did not progress with my education.When i was doing my mock examination my father died and immediately after my final exams i lost my mother too.I was very stressed i thought that was the end of my wold.I stayed home for one year morning for my parents death until one day i made a choice to keep my self busy not to be thinking too much about them.I had some inheritance money for my late parents.I used them to buy stock for selling clothes and by that time i was selling in a small kibanda i did not have enough money to rent a house.
In my business i sell ladies staffs like dresses,pants,bras,trousers,tops,shoes,perfume sprays,hand bags and many among those.The goods are on demand since i have many customers and i have located my business along another school beauty.Many ladies from that school by their staff in my shop.I buy my staff from Uganda country where i make a good profit and pay less taxation fee.I choose this business because its doing well and it is on demand market
I will use $50 to add more stock on the empty shelves to fill the space my business.I will be able to have much more profit increase in my business.I will use my profit by saving them and one day i want to expand that business and be supplier to other consumer.Hence i will pay this loan as soon as possible so that i can borrow much higher money.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$55.00
Date disbursed
Aug 5, 2016
Repayment status
Late
Projected term
6 months
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