Daniel
Nairobi, Kenya
100% repaid
Name
Daniel
Member since
June 2014
On-time repayments
121 installments • 73%
i got employed some 5 years ago. Actually the employment i had never gave me enough hopes until i sat down to set a business plan. All the same i had no otherwise since success does not come from a silver platter. i had a little capital to start my cosmetics shop. one and a half years i could see myself heading to my dream.
at the moment i run a cosmetics shop. the sales are pleasant since i have some constant customers from whom some of them i get good deals to keep my business vibrant.
Generally, I am in a position to generate $350 gross profit where liabilities:electricity bill, rent, licenses add up to $150. Therefore my profit is $200. Cosmetics have high demand in that ladies buy a lot of skincare products, haircare and some other categories.
I'd really be in a good position if i can have a loan where i can supply some little stock.
When am funded the loan. I will boost my stock that probably will give me favor because of the increased customers. Fifty dollars will do me good. The profit will then assist in growing my stock and have some employees to ease the work. I should get funded because currently I have no enough cash which when I use will affect my business negatively. So if I get another source to fund the loan, I will at a strategic position to be in the business.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$46.00
Date disbursed
Jul 18, 2014
Repayment status
On Time
Projected term
5 months
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