Name
Richard
Member since
September 2017
On-time repayments
52 installments • 100%
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
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
I will buy a brand new car wash machine to support the old one .The machine is worthy 240 Us dollars.This action will boost the morale of my existing customers and bring more new customers . i will be able to employ one more person to operate the machine. I have hope that with the two machines I will get a higher income of around ten dollars a day. which will make my missionary vocation self sufficient. I will be be in a better position to support my family members as well. I will save so that I can open a better business in future.
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$157.00
Date disbursed
Feb 8, 2018
Repayment status
On Time
Projected term
11 months
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