Name
Furry
Member since
March 2017
On-time repayments
18 installments • 17%
I was born in 1970. At the age of four my parents divorced. Me and my sister were raised by our maternal grandparents who died when I attained 15yrs. I had to work as a labourer in the evenings and during holidays to pay school fees. I did my secondary exams in 1990 and had to do business to raise fees balance to get my results. I've worked in different firms but only business has made me own a small two bedroom house and live with my wife and four children.
I work as a company driver but run a side business with my wife as my managing partner while in the evenings and weekends I run the bussiness. It is a retail shop but have discovered potential in green grocer and butchery within my locallity.I live in the outskirts of mombasa mainly inhabited by low income earners and daily shoppers of small scale households.
I will buy green vegetables at a price of 4dollars.
After selling I'm expecting 2dollars profit.
I will use the profit to add on my working capital to 6 dollars.
The profit can be realized after 2days or three days as these are daily domestic used commodities.
I expect to grow my business to reach loan limit of 5000dollars in 6months.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Mar 25, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
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Ahadi Apr 19, 2017
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