Name
Stepen
Member since
July 2015
On-time repayments
156 installments • 90%
I was brought up in a village called kwabwai east. I liked it very much because we were many there as a age set childhood. We lived one another a lot as if we were siblings.
My education was quite challenging because of long distance to school.
Despite all this I persevered and worked to attain my goal which was to finish high school. Business studies was my favorite subject, so when I left form four my mind was set on starting a small venture to sort out people’s challenges and make money out of it. I decided to start a small bureau with a hired computer.
I like dealing in ICT systems and I would my siblings to be greater enterprenuer than me . My pastime has been a lesson to me and my expected offspring that there is success after smart struggle.
Am going to initiate two in one business whereby just beside my cyber caffee am going to open home chemical for making liquid soap, jik, detol, sanitizer and other.
This business is good and in demand because ther is is otubreak of corona virus and everywhere there s washing of hands and sanitizing meaning that my shop will be the provider of these raw material of making these products.
My cost will be 430 USD whereby 80 USD for business permit, 100 USD for rent and renovation, 200 USD for stock and 50 USD for business emmergency.
Revenue will be around 1000 USD.
I will use my 1/4 of profit for schooling my children,1/2 of it for reinvestment, savings and 1/8 for home improvement and 1/8 of it for charity.
I will use the loan to buy a three in one printer, that is, printer, scanner and copier which will help me serve my clients even better. Some of my clients to their letters in my cyber and in majority of cases they prefer printing their work altogether.
I will use 80 US dollars to buy the printer. The little amount remaining will be enough to buy at least one ink cartridge for the printer.
With this loan i expect my profits to go up since i will charge for the printing services.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 7, 2015
Repayment status
On Time
Projected term
16 months
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