Business expanding

Eric

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Eric

Member since

November 2016

On-time repayments

82 installments  •  24%

About Me

i was born the late 90,s in a family of 4, i was the only boy child, i grew up being very humble and ambitious , i joined primary school and later high school, where i experienced alot of difficulties moment since my father left my mother before i joined the college, since i had no otherwise i had to start small business with what mymum saved for me when i was schooling. that when i meet a company looking for distributors of there products, i partnered with the company where i had to be buying and sell there product to nearby counties here in Kenya. where i live culture is very unique, where everybody is targeting farming but i desired business. i also make sure that my children will follow my steps and venture in business. i like having a free time for my family .

My Business

i buy and sell health supplement, the health supplements are in high demand since people changed there life style like city dwellers. i choose this kind of business since i like helping and giving back to the community, mostly i buys in containers where a container cost 1000ksh, i buys like 10 containers daily, the profits i makes i reinvest in the same product to boost by daily purchase, then the rest i pays my home bills.

Loan Proposal

Am going to benefit further with this loan since am looking forward to add some stock to my Business, am going to increase my quantity stock purchase, i will buy products worth 12 dollars where a product goes by 2 dollars each, whereby i can be making a profit of 4 dollars in each 150gram container of health supplement am going to purchase. thankyou

Feedback

1

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  • Helen Horseman    Jun 11, 2017

    Thank you for the repayment Eric. 100% on-time.
    Good luck with your business in the future.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$13.00

Date disbursed

Sep 10, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

AG

Alexandre Genereux

Gatineau, Canada

B

bea

Australia

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