Name
Samson
Member since
January 2016
On-time repayments
154 installments • 3%
i got my primary education in a new by public school called kiaritha where by i started from nursery school.my family was not all that stable to keep me in well standard but i appreciate them i made it well.due to poor financial status paying different funds for the school was a problem to them.i used to burn charcoals in order to help them to raise the fund.These happened for so long till when one of a road contractor visited my father to get a small piece of land where he could excavate some marram for road construction.thus where good things started.i thank God since these changed the life of everyone in our home.these helped to go through my secondary education with out any difficulties in my learning.During the hard times we burn charcoals,we also create barriers to nearby stream during the rainy seasons to collect sand which we normally sell for construction.river sand is commonly used in our area for any house construction.After my form four course i joined a construction company worked with it for unskilled jobs.i came along started saving with the little i earned.after one year i introduced the issue of starting a shop around the near by market to my dad where by he reacted positively towards it.He added me some little capital to start down a retail shop.our area is a place with low rainfall thus we term it as a semi arid area but suitable for goat farming.in future i would like my children to get better education better than i did,and even get to higher learning institutions abroad.i like swimming,going out to fish,grazing and even reading novels.
i owns now a retail shop which i deals with common house hold items e.g sugar rice,soaps,flour,cooking oil and even cosmetics.The distance from my shop to the main market is far for someone to go to buy simple items like a kg of sugar in the morning,a bread,some tealeafs etc.To the locality there are no many shop and more to that they never open early enough in the morning to cater for the needs for the customers.thus i wake up as early as possible to catch up with them.to where i am right now,i am paying some house rent for my shop and even business permit for my business.the profits which i get am using them to improve my stock plus now am starting another water business.these another business which is well moving,i have started but i need a boost to satisfy my customers.
i have already started selling clean drinking water which is well moving due to hot condition to the area.these business is more profitable.its earning almost 100%.I want to buy the following stock of water THREE BAIL OF HALF A LTRS WATER @9 dollars,THREE BAIL OF ONE LTR BOTTLED [email protected] DOLLARS,FOUR BAILS OF ONE AND HALF BOTTLED WATER@11 DOLLARS, ALSO I NEED TEN LTRS TWO BAIL@ 6 D0LLARS.i will also add five containers of twenty ltrs @5 dollars.these will raise my profit magin by 45 %i will also purchase a freezer to keep water cool for my customers.These will increase too the number of customers since the condition of the water attracts them.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 9, 2016
Repayment status
Late
Projected term
36 months
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