Add supply of spirits in my wines & spirits shop
Davis
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Davis
Member since
May 2017
On-time repayments
45 installments • 40%
About Me
Am a 24 years old, first born in a family of 6. I grew up in a hard life full of challenges like lack of school fees but was able to clear my Primary school education by 2008 and got 379 marks out of the possible 500 . I joined high school where I still had school fees problem so I was in and off at school. Through friends and relatives plus the little funds my parents raised was through with my schooling by 2012 with A- as my grade. After my high school. I worked at Laxury Hotel as a waiter where I raised the funds to start a poultry business which enabled me to cope up with the life challenges and meet my daily basic needs. I joined college at Kenyatta University by 2013 September to pursue Environmental Science. Am in my last year and in my last semester which is ending in a week's time. I could like to raise my children to healthy and support them with all their needs when I get a family.
My Business
I have small business of transport which I operate. I am having one motor cycle and cycle and could wish to add some money so as to add one more. I chose motor cycle business because it is easy to operate and it needs minimal supervision. The motor cycle business is in demand due to the poor road network at my place. Per day I earn up-to $5 which ideally good. I invest my profits and use some to help my younger siblings in school.
Loan Proposal
I will add more bottles of spirit by the name 8 pm which is currently on demand by my customers at my place of business. The cost of one bottle costs $5 and am prospecting add six (6) bottles of the 8 pm brand. By adding the number of bottles to my business will ensure that I employ two customer attendants which I will be paying monthly. This will ensure that their lives will improve a great deal as well as mine. If I get the loan which am really looking forward to my business profit will increase by 50% hence my business shall have moved a great deal.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$33.00
Date disbursed
Jul 25, 2017
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
Taiwan
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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