Entrepreneur
Name
Erick
Member since
May 2014
On-time repayments
49 installments • 39%
About Me
My name is Erick Oketch. I studied a diploma in electrical engineering from Kenya polytechnic university I come from South Nyanza migori county, nyatike sub county.hi Started this business which deals mainly in electronics and electrical appliances 2 years ago from my little savings and from then i have been able to rise from where I started to modern expansion which I do feel proud of.
My Business
from the income in business, I mean sales, repair and maintenance I do earn enough that will be able to help me repay my loan. I do trust and know that through this loan I will be able to add in more stock, do a lot of selling and repairs and even earn much more to help me take care of my business, my family and personal needs and in repaying my loan. I therefore submit my loan request to potential and I will appreciate If awarded this loan.I chose this kind of business because it is in line with my proffesional career.My typical cost is to run the business is $240 and my revenue is $400.I always used the proit to expand stock in my business and take care of my family.My good are always in demand because there is alot of construction going a round and alot electrical repairs.
Loan Proposal
This loan will be used by me to purchase:twenty pieces of testers,pliers,hammers,tape measure,spirit level.lamp holders and sockets.When this is achieved my profit will be $94 per month.I will use this profit to pay back my loan and expand my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$97.00
Date disbursed
Dec 9, 2014
Repayment status
Late
Projected term
7 months
Other loans
Lenders
Vietnam
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