Name
Mathews
Member since
July 2013
On-time repayments
51 installments • 49%
My name is Mathews Bosire kerongo am married with Two kids,I was born in Keumbu kisii district in the year 1983,am the fifth member of Mzee kerongo family in eremo village omote.I schooled at eremo primary school and Giachere Friends secondary school the year 1996 and 2001 respectively ,where i proceeded to College at Mombasa polytechnic in 2003 and 2004,at the moment am employed in the insurance sector and i run a part time business of :
• Selling micro insurance to women and youth and less fortunate in the community
• free consultancy &Training on entrepreneurship and financial literacy to women and youth who are members
• Selling of cereals, cooking floor, soap, cooking oil, toilet paper at highly discounted prices to members.
I started this business in Nairobi in the year 2013,This came about when i realized its potential and more especially skills enhancements to the young women and unemployed youth also to bridge gap of additional income to my family and creation of employment to the youth.
The business will expand in future to include sale of Cooking LPG gas,kerosene and accessories to the low income neighborhood.
BUSINESS FACTS
Legal status business The business is legally registered
Formally registered ONEKEY CAPITAL SERVICES
Banking the business operates a bank account
Year of establishment 2013
SALE OF :KEROSENE AND CEREALS
The loan am requesting will assist me to increase the level of stock of kerosene to 400 liters from the current 200 L and this will boost the profit margin as i will be able to achieve the demand stress of the product,at the moment am selling 50 liters of kerosene per day,therefore if i add more stock,am sure the sales will increase and the profit as well
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$97.00
Date disbursed
Feb 12, 2015
Repayment status
On Time
Projected term
4 months
Other loans
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