Entrepreneur
Name
Peter
Member since
March 2017
On-time repayments
18 installments • 50%
About Me
Am having desire to run a good business. Am very keen to grow my business to reach a large scale status. I have keen interest & desire to see a business growing to different level.
I hope to add more facilities & inventory to accommodate more customers needs & desires.
I had a very tough childhood with lack of a good upbringing. My father was a drunkard & very irresponsible. I had to rely on school bursaries & the headteacher's mercy.
My Business
Am running a small computer cyber. It gives me monthly revenue of around sh 12000. My costs are sh 7000. So my profit is around sh5000.
On the sideline I have expanded the business to accommodate a barber shop. This gives me a total revenue of sh 7000. Costs are sh3000.
I use profit to reinvest in my business & expanded on the stocks. I put a new coat of paint and do refurbishing regularly.
People are in need of computer services & they want various products like internet, photocopy & printing.
The barber business is also doing OK. People are concerned with their appearance at all times.
Loan Proposal
I would like to buy some cyber equipment eg mouse. This will enable me to achieve efficiency attract more customers.
This mouse costs around sh600. This is the lowest amount a person can get in the market.
The result is more efficient cyber and a more convenient way of accessing information & data.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$6.00
Date disbursed
May 31, 2017
Repayment status
On Time
Projected term
5 weeks
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