Buy refrigerator

Langat

Kericho, Kenya

100% repaid

Entrepreneur

Name

Langat

Member since

January 2018

On-time repayments

33 installments  •  61%

About Me

I am langat Collins currently at Technical university of Kenya pursuing civil engineering in my fourth year. I went to secondary school within my county and attended local primary school in my village. My childhood was not bad as such because my parents provided all my basic needs. Hard work and dedication has helped me to overcome my daily challenges in life.

My Business

I am operating a small retail shop in my village. I deal with basic commodities which are required in every homestead like sugar,soaps,cooking oil, and all other commodities which are needed daily. I chose to operate shop because other retail stores and supermarkets are far from my village so my people prefer my shop because it is near and people don't need to travel to purchase the goods. I use profits to pay my school fees and others to expand my business.

Loan Proposal

I want to use the loan to buy refrigerator for my shop.the current price of refrigerator is 250dollars small one.i want to use the refrigerator to preserve perishable products in the shop like milk and drinks .currently i am incurring alot of expenses due to product going bad.with the refrigerator i will be able to preserve my goods thus i will not experience loss due to product going bad.my profits will increase due to less loss involved.

Feedback

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1

  • J    Aug 26, 2018

    Not repaying and not communicating

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Loan Info

Project Type

Classic Loan

Disbursed amount

$18.00

Date disbursed

Jul 7, 2018

Repayment status

On Time

Projected term

4 months

Lenders

J

Netherlands

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