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Philip

Emining Junction, Kenya

100% repaid

Entrepreneur

Name

Philip

Member since

November 2016

On-time repayments

30 installments  •  40%

About Me

My name is Okerio Mogoi from Emining Junction in Nakuru. During the period when I was young future will appear to be bright' but unfortunately it wasn't true. I lacked proper clothing and school uniforms so I could wear rags to school. This made me shy and I would miss other normal lessons at school. I tried and endured it all emerging the best student. The idea of business came into my mind when my dream of joining university dint come true. My child has dreams of becoming a teacher in future.

My Business

I sell new electrical devices such as radios in my shop. Its the peoples high demand that compelled me to initiate this business. The demand came up when electricity was installed to the peoples homes at a cheap prices by the government. This business has a high profit ant that is why I decided to do this selling. I started with $ 1000 and its growing each day. I am planning to build a house for my family to provide shelter.

Loan Proposal

There are new electronic radios that have emerged in the market and are of high demand. I want to bring this new radios to the market and they are slightly expensive the one which am currently selling. The new devices will attract the buyers and I will improve the profit. The daily earnings will go up by a high percentage than the normal.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$257.00

Date disbursed

Dec 3, 2016

Repayment status

On Time

Projected term

3 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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