Michael
Nairobi, Kenya
100% repaid
Name
Michael
Member since
May 2015
On-time repayments
157 installments • 52%
hi, im Michael, an entrepreneur and ambitious young man, passionate about business, a graduate from the school of Health Sciences -Kenyatta University. Grown up in a local community in Machakos County, and defeated the local mindset that achievement of one's goals and purpose in life is a subject of societal prescription. That was indeed not a simple task, achieved through unending and unwavering self believe and struggles, handwork and faith.
i currently engaging myself with various business, including engaging in agribusiness, i also have some few diagnostic machines, though not adequate enough to cater for the large volumes of clients visiting my clinic. i chose this type of business because of the unique experience and the untapped markets that exist in health care. My typical revenue is amounting to Khs1000 weekly, im currently ploughing back the profits to the business
As I had earlier informed my dear lenders, I am currently running a medical clinic and with the help I received earlier I bought a glycometer, which is usually serving my clients well, but I have another challenge with another diagnostic machine(SPHYGMOMANOMETER ) which is a machine for taking blood pressure which will cost 200 US dollars. If i get the loan i would be able to purchase a SPHYGMOMANOMETER , the stand-type to ease the patient flow , and reduce the patient wait time. the machine will also improve the patient's comfort since it is more effective and comfortable for the patient. The machine will also be able to reduce the staff-patient duration giving me time to engage to other activities for the business and also increase my revenues. With the mercury spygmomanometer, the patient wait-time is up to 10 minutes, but with the digital spygmomanometer,the wait time will be reduced up to 3 minutes , which will eventually translate to more profits for my business long termly
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$190.00
Date disbursed
Feb 23, 2016
Repayment status
On Time
Projected term
10 months
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