Jackson
Malindi, Kenya
100% repaid
Name
Jackson
Member since
February 2017
On-time repayments
15 installments • 33%
My name is Jackson Mulwa.Born in Makueni county eastern Kenya 1964.My family shifted to Kwale county at coast early 1970s.I took my primary education at Perani primary school, Lungalunga sub county. I did C.P.A. examination in 1979 and joined Malindi High School. I completed O level in 1984 and continued for A level at the same.Did my K.A.C.E. 1986.
After school I studied accounts up to C.P.A.Two. Later I joined Hotels Coast as accountant. I have also worked with Audit firms as junior auditor and tax assistant. Currently self employed.
I'm based at Taveta town,at the Boarder of Kenya and Tanzania.I have rented a Small shop at the market where I stock empties. For example empty new sacks of all size,shopping packets, Take away containers, grocery packets, meat wrapping materials and ropes.Also stocks containers like empty jerricans for storing water and plastic containers.
I will increase my capital to purchase more stock of maize to provide food to the people around.I expect my profits to increase by 50% in a week.A 90kg bag of maize costs kshs.5000 or about $50 .I can sell 10 bags in a week and make a profit of about ksh.15000 or $150.Less my running costs of bout ksh3000 for fuel and ksh.1500 for operators salary.But when the harvests are ready by next month the cost of maize will go down and I expect to make more profits
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Jun 21, 2017
Repayment status
On Time
Projected term
5 weeks
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