Entrepreneur
Name
James
Member since
April 2017
On-time repayments
49 installments • 80%
About Me
my name is james mwangi,,9th born in a family of ten. brought up in poverty lineage where my parent had no income at all. i dorped out of school in form two worked as matatu conductor this helped me overcome the life challenges and managed to go back to school to complete ma study. now am IT graduate running a computer and mobile phones shop .
My Business
i run a mobile shop , the value of the stock is about Kes 1M and revenue of Kes 47000, the good are fast moving goods,getting the loan will help me buy more stock . the profit will help me improve the life of ma children by paying their school fee and also reinvest back into the business to boost the grown. in future this help me get my own facilitate
Loan Proposal
am running a mobile phone shop, the loan will help me buys more smartphones about seven pieces and about ten dollars each.
the loan will help me to increase the capital as well as pay school fees for my two juniors.
i expect a profit of 4 dollars for every smartphone which by the end of paying the loan will be about 280 dollars
My Videos
Feb 13, 2021: Virtual point enterprises
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$75.00
Date disbursed
Nov 21, 2017
Repayment status
On Time
Projected term
2 months
Lenders
Lima, Peru
Jake Gibson and Beverly Picardo
San Francisco, United States
United Kingdom
United Kingdom
Ask James a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.