Name
Peter
Member since
September 2016
On-time repayments
17 installments • 24%
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.
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.
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.
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Project Type
Classic Loan
Disbursed amount
$6.00
Date disbursed
Sep 28, 2016
Repayment status
On Time
Projected term
2 months
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