Entrepreneur
Name
Charity
Member since
September 2018
On-time repayments
3 installments • 67%
About Me
My early childhood lifestyle was a tough one. I was born and raised in a slum. We our daily budget was bellow a dollar daily of which sometimes It wasn't available. I managed to attend school and finished. I start my business with very little money after doing some manual labor for people, the payment I got. That is was I used as my starting capital. It was about 60 dollars. Now the business has grown several times and it is generating good revenue. I reinvest part of this profit about 70%(1000 dollars) . I use the rest pay my bills and help my parents.
My Business
I sell chips/French fries. I I get potatoes from farmers directly. The main source of capital for reinvestment I get it from the revenues that the business generates. That is 70% of the profit.
Loan Proposal
I will use this loan to increase potatoes stock. Good quality potatoes translate to good quality chips. Thus you are sure of having customers filling your restaurant when they are served with quality products.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Sep 24, 2018
Repayment status
On Time
Projected term
1 week
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