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Peter

Mombasa, Kenya

92% repaid

Entrepreneur

Name

Peter

Member since

September 2016

On-time repayments

17 installments  •  24%

About Me

Am a male adult age 34 years husband and father of 2 kids a girl and a boy hails from Nyandarua county but lives in Mombasa for the Last 8 years have been employed for the last 6 years and in June 2015 i decided to venture in business a journey that opened my eyes and built the desire to pursue more untapped ventures.

My Business

I ventured into malimali product( whereby i disrtibute wares to shopkeeper such as lazerblade Bic lasers bl pens,stoves wicks steel-wool sweets and other such like households wares) that are regularly used and stocked in the local shop i buy the stock from biashara street in mwembe Tayari Mombasa and supply the pruducts to estates such as Mishomorono Shanzu Bamburi,Likoni and Mikindani and selll them at shopkeeper inthose areas at high cost and earn profit i began the business with Ksh3000 and the business stock grown to Ksh 11000 though need some cash to facilitate acquisation of amotorbike that will anable me t serve more client. that translate to more growth and help me venture into more business opportunity.

Loan Proposal

I purpose t pump the cash to payment of my stock that will help me generate twice the amount granted in a week since most of the product i deal with are fast moving goods and does not require much to purchase.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Sep 28, 2016

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

McJulio

New Jersey, United States

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