Add stock of clothing to my account

Yabesh Osoro

Eldoret Kahoya, Kenya

28% repaid

Entrepreneur

Name

Yabesh Osoro

Member since

December 2014

On-time repayments

108 installments  •  51%

About Me

MY NAMES ARE YABESH ONGERI OSORO ,IAM AMALE KENYAN CITIZEN AGED 41 YEARS OLD.I WAS BORN IN NYAMIRACOUNTY ,MANGA DISTRICT ,MANGA DIVISION,KEMERA LOCATION,KEMERA SUB LOCATION .
I WAS EDUCATED IN THE SAME AREA UP TO CLASS EIGHT ,THERE AFTER I JOINED FORM ONE TO FORM FOUR.
I AM MARRIED TO ONE WIFE AND HAVE BEEN BLESSED WITH FIVE CHILDREN I.E THREE SONS AND TWO DAUGHTERS.
I N THE YEAR 2003 I STARTED BUSINESS IN ELDORET TOWN ,WHERE I CURRENTLY STAYING WITH MY FAMILY.

My Business

MY BUSINESS IS SELLING SECOND HAND CLOTHS IN ELDORET TOWN IN THE TOWNS LARGEST OPEN AIR MARKET CALLED ELDORET WEST MARKETS .I HAVE BEEN I HAVE BEEN IN THESE BUSINESS SO FAR FOR 11 EARS. I LIKE M BUSINESS BECAUSE IT ENABLES ME TO SUPPORT MY FAMILY ,EDUCATE MY CHILDREN NA DOTHER PROFIT TO IMPROVE OR RATHER ADD MORE STOCK.I HAVE ONE EMPLOYEE IN MY BUSINESS WHOM I PAY ON COMMISSION DEPENDING ON SALES MADE.
MY MONTHLY COST OF RUNNING THE BUSINESS IS US DOLLARS 220 WHILE AVERAGE GROSS PROFIT BEFORE THESE EXPENSES IS USUALLY APPROXIMATELY US DOLLARS 365

Loan Proposal

Dear lenders
Thanks very much for the support you have been giving me in the past may God bless you.
My loan propoasal is that given funding I will use all the 120 dollars of loan to increase my clothing stock for re sale.i believe that by increase inventory I will be able to get increase in my business thus will be able to repay conveniently .I look forward to your wise consideration.Be blessed

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$132.17

Date disbursed

May 31, 2017

Repayment status

Late

Projected term

15 months

Cost to entrepreneur

Service fee: $5.56

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