Entrepreneur
Name
Benedict
Member since
February 2014
On-time repayments
38 installments • 26%
About Me
I am a self employed person, responsible and with a vision. I am an IT graduate at Eldoret polytechnic, and currently residing in Eldoret. I am a third born, in a family of five. I live a positive life, always focused. i am a luhya by tribe. we have a very good family relationship, although currently i do not live with my siblings. most of them are in Nairobi, all in the name of getting a better life. we were brought up in a christian family, and so we have grown to love God, up to this moment we have embraced our Christianity. each day, i understand our God is our creator and so doing his wish is not exceptional.
My Business
Hello, I started as a photocopier and freelance writer working in Kisumu Ndogo. I met a few challenges here and there that made me not to repay the loan you gave me in time. I have since moved to town (Eldoret CBD) and started a mini-boutique shop plus sell clothes. I have done this for almost five years now. I see the business is progressing well, in that i need to stock more of the things i notice being asked frequently by the customers.
I am now on a better position of paying larger loan than i used to be. So i guarantee you that since we are moving to the peak of my business period, your money will be save. I work with one employee, we make approximately 2000 a day profit. A month its close to 600000-650000, which i pay the employee i have and rent plus meet my needs with. This does not allow me to expand to the level of making 5000 to 10000 a day, though there is potential where my business is located. That is why i am humbly asking for your help.
Trust me, I will repay the loan you give me within 30 days or less. Thanks alot
Loan Proposal
Thanks for your lending system, for giving me this chance. I understand that i have been given a loan taking limit of 4245. I admit that this is a considerable amount since it will take me a step higher, with regards to my business.I am a self employed person, running a photocopier shop. Basically, this loan will help me in purchasing a three in one printer, since the one i have is only a single printer. it other words, i mean the one i have only prints, and i cannot do photocopying with it.
This has proved to be more expensive, since i have to type a document that a customer brings in for photocopying first, before printing it at a very low price. of course. This amount (4245), is not enough to buy a good new printer, however for a start, i will add (1500), from a friend, then use it to buy a better three in one printer. actually i have been desperately waiting for this moment, i will be more than happy if you assist me. on my side i promise to do my best and create a very good and personal experience with you. Thank you, and wish to here from you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Feb 27, 2014
Repayment status
On Time
Projected term
6 months
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