Name
Robert
Member since
November 2020
On-time repayments
12 installments • 8%
I grew in a simple background of a second class citizen,studied in local schools both primary and high school here in Kenya.
I choose to approach challenges and hardships in a decisive manner and sombre mindset;i accept and let it go situations that unsolvable to avoid depression and stress but equally such situations i manage them.
As a result a growing economy and robust change in my immediate society,i identified a business gap and opportunity which encourage me to start my business
The land is rich of resources and unexplored opportunities.
My child need to an entrepreneur in future.
my hobby is basically swimming.
i engage in a beads business;buying the beads in large amounts and selling them to locally available retailers-here being the young mothers who use the beads to make belts,bracelets,necklaces and much more on decorations and commercial purposes-an indicator that these goods are in demand. there is a greater business gap and opportunity.
The major costs ranges from house rent,transport,water,power and wages for my two employees,equating to KSH. 24,000 per mont,along with the starting stock capital which is
KSH. 150,000. Total Expenditure=KSH. 174,000
I use the profit earned for two basic purposes:
1. school for my child
2. growing my business
Buying beads for sale and other staff like beaded cake, Bangles e.t.c
Apart from my profit my end month salary will be able to pay my loan back
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$15.00
Date disbursed
Nov 21, 2020
Repayment status
On Time
Projected term
4 weeks
Other loans
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