Entrepreneur
Name
John
Member since
January 2017
On-time repayments
66 installments • 80%
About Me
My name is John Gakonya , I was born and brought up in Nakuru town in a family of four,two boys and two girls I being the first born.My parents separated when we were still young and hence my mother took the burden of taking care of us.I went to menengai High school and by the grace of God I graduated although there was hardship raising fees from selling charcoal at umoja center.After High school I started a stationary business and typesetting since I learned computer study in school.This business enables me help my mother and my younger siblings.
During my free time I like to socialize with friends, go swimming and reading.
My Business
In my business I deal with selling stationary and typesetting.This services is necessary since there are schools in the center which act as my mean customers. Meanwhile I make $300 per month after paying all the bills I get a profit of $100.I use the profits for expansion and helping my family especially my younger siblings.
Loan Proposal
When given the loan I will buy photocopy papers to use in the business.
The proposed budget for purchasing is as follows:
2 set of photocopy papers @ $4 (four dollars)hence the total cost I will spend is $8(eight dollars)
This loan will help me pay my bills and furthermore help my mother pay fees for my younger siblings.
This will boost my business by increasing my profit margin by 8%.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$8.00
Date disbursed
Apr 8, 2017
Repayment status
On Time
Projected term
6 weeks
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Helen Horseman Jun 14, 2017
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