Isaac
Nairobi, Kenya
$0 to go
100% funded of $99 goal
0
days left
Name
Isaac
Member since
February 2016
On-time repayments
35 installments • 0%
I was born and brought up in the village of butere/mumias county in western province, went to local primary school raised by my parents who were peasant farmers, proceeded to a day school to do my secondary from form one to form four where i lived with my senior sister who was married and lived in Nyalenda estate. Today i am in Nairobi county where i operate my business. I am aspiring to do my business in large scale in future and that is my future dream. During my free time i love reading a lot and watching football.
My business includes selling of new ready made clothes and Kitenge materials. It started in the year 2013. I decided to do this business because i did research and found out that there was no shop dealing with ready made clothes and kitenge materials around and therefore i saw the need to start one and serve the people from around. my biggest challenge is capital to enable me expand my business and also low seasons especially in the beginning of the year.my business targets mostly women and ladies. In a good moth i make profits of $ 170 which i use to expand the business and assist in daily family needs. i am proud of my business because it helps me earn a living.
I am going to spend the loan together with my savings on buying stock to my business, this will cost $ 200. By adding more stock to my business i will be able to serve many clients hence get more profit because of the increased sales therefore it is an increased revenue.i expect the loan to help in the expansion of my business.my life will be impacted positively since i will have a high profit margin which will make my life better and that of my family too.
Positive
None
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 15, 2016
Repayment status
Late
Projected term
8 months
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