Chemochok
Nakuru- Githima, Kenya
100% repaid
Name
Chemochok
Member since
August 2014
On-time repayments
295 installments • 50%
I grew up in christian based family and from a humble background, challenges in life have made me learn a lot of thinks and even facing issues as they come. i am a determined person and focus on all the goals i strive to achieve, i am a higher diploma holder in human resource management and a diploma holder in business administration and currently enrolling for a degree program in B COM. being a trained technical teacher and subsequent employment in private sector as a tutor, i managed to raise some funds to star up a books shop. the business was able to pick since the surrounding community treasure education so much and 99% of the population are literate. my hobby is reading and watching movies and currently am planning of setting up a private library for research.
the business offers goods like text books, exercise books, novels and many mores, services include printing and photocopying services among others.
the above products are in demand since the business is located in place where there are a lot of schools staring from preparatory schools up to colleges and these have boosted the demand for my products.i decided to venture in this kind of business because i value education and i wish to ensure that every person within my community
have knowledge and advance in learning. the business is able to raise a profit of between Ksh. 5,000-15,000 per week depending with the sales of the week, these profit is ploughn back to the business for development.
the above mentioned amount will enable me add some stock of exercise books in the book shop, the cost of stock is ksh. 7,500 , where i have some cash to top up the above loan to these amount. the expected profit will be ksh. 3,100 after the sales of my stock.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 13, 2015
Repayment status
On Time
Projected term
4 months
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