Entrepreneur
Name
Richard
Member since
September 2017
On-time repayments
52 installments • 100%
About Me
I was brought up in the family of 12.
Educated from primary school to secondary school later joined Bible School.
I over came the hard ship by engaging in small scale farming due to drought and high price of food commodities.
Our land is unique because of the settlers, mixed tribes.
I have chosen this business because it is easy to handle.
My children want to be Doctors, Engineers, Pilot, President.
My pass time, I am a pastor, church with a congregation of 30
My Business
I do car wash and motor bikes where by i have employed one laborer.
I pay my laborers Sh 6,000 monthly.
I pay myself Sh 25,000 monthly.
I pay water Sh 900 monthly.
Soap Sh 600 monthly.
House rent Sh 2,000.
Tax Sh 100 monthly.
I carter school fees for my children.
I save 4000
Loan Proposal
I will buy a brand new car wash machine.
I will employ one more laborer to operate the machine.
I will pay school fees for my children and my nephews.
My profits will increase to Sh 15,000.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$109.00
Date disbursed
Oct 1, 2017
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
United States
Ask Richard a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.