Entrepreneur
Name
Donald
Member since
August 2020
On-time repayments
48 installments • 42%
About Me
Born in a polygamous family, I am the second born to my mom. Mom being unemployed and entirely dependent on peasantry we could hardly make ends meet. I am thankful that this life did not end my dreams but refined my approach, that through the small entrepreneurial adventures from my childhood through to this day I have been able to beat odds.
My Business
My business is an executive salon in the heart of Rongai area which I have done for more than 4 years. I have also secured space in the neighborhood where I opened a Kinyozi which is now picking and I intend to make it high end as the market is generally made of the working class, and I believe with time this will increase revenue and better my life.
Loan Proposal
I would like to use the money to buy more of the fast moving cosmetic products. This will ensure customer get what they need and so I do not lose them to my competitors
Income Source
Business has returned back to normal now, even if there are a few challenges posed by Covid 19. Given the prevailing business environment I can make money enough to repay the loan and still be able to plough back profits
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$40.00
Date disbursed
Nov 13, 2020
Repayment status
On Time
Projected term
1 week
Other loans
Lenders
Germany
Washington DC, United States
United States
Denmark
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