Entrepreneur
Name
Mwongeli
Member since
August 2017
On-time repayments
31 installments • 55%
About Me
my name is mwongeli kivanga .am the seventh born of nine,
my name means addition in our local language .i grew up in a culture of competition where education is valued both as major a transition of life and a tool of empowerment.
in ups and downs of the family bringing,my parents have managed to make me attain q diploma in cooperative management and from my own initiative i have q diploma in business management and q certificate in entrepreneurship.
i believed that these tools will sharpen my passion and career,i began my clothing business after school.
My Business
my business entails clothing,printing and photocopy services. i began the business with the savings i had accumulated while in school.The operation cost is $60 that is rent,transport,and internet supply .the net profit is $150-$200.depending on customer turn up since it's a growing business the profits are used to for keep up and ploughed back in form of stock.till a desired level of income is attained.
Loan Proposal
i will buy clothes ,since it is december and needs for clothing go high,mostly the children and the youth are my target and this will amount to 25,000($250).
this loan will boost my business since it is a boom in the trade cycle
it will also enable me to pay rent and run my business in january when there is a shift in the demand for the goods.
i am looking forward to make a 60% increase during the season compared to the other days.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$211.00
Date disbursed
Dec 20, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
United States
United States
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