Adding cotton to my business

Victor

Kimilili, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

November 2017

On-time repayments

8 installments  •  75%

About Me

I'm Victor Khaemba from Kimilili, born in 1995,
I was brought up from a humble family of six.
I completed my form four in year 2012 and after thatI started supplying fertilizer to farmer. After 3months I started operating my business on large scale. My life has been changed from there

My Business

I am selling fertilizers to farmers. and to make my services different from others I operate a door to door business by taking the records of the order and supply the fertilizer when time comes.
I buy one bag Ibuy at USD 23 and sell them at USD30 making a profit of USD 7 from each bag sold.

Loan Proposal

i will use the ooan to add more cotton for making new fashioned jackets. it costs USD 1 per bale it it gives a profit of USD 2 per bale. this will increase my profit by USD 200 PER WEEK. MY BUSINESS WILL ALSO GROW AT A HIGHER RATE

Show original English  

About Me

Victor khaemba from kimilili born 1995,
i was brought up from a humble family of six.
i completed my form four year 2012 and after that i started supplying fertilizer to farmer. after 3months i started operating my business on large scale. my life changed from there

My Business

am selling fertilizers to farmers. and to make my services different from others i operate a door to door business by taking the records of the order and supply the fertilizer when time comes. one bag i by at USD23 and sell them at USD30 making a profit of USD 7 from each bag sold

Loan Proposal

i will use the ooan to add more cotton for making new fashioned jackets. it costs USD 1 per bale it it gives a profit of USD 2 per bale. this will increase my profit by USD 200 PER WEEK. MY BUSINESS WILL ALSO GROW AT A HIGHER RATE

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Dec 25, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

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