Kelvin

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

0

days left

Entrepreneur

Name

Kelvin

Member since

July 2013

On-time repayments

13 installments  •  0%

About Me

Kelvin Chadzu is my name.I come from a family of eight children.Two girls and six boys.Both my parents are not alive.Am the second born .Two of us have finished school , while the remaining are still schooling.I live in Langa Langa ,Nakuru County .The Estate is near Langa Langa primary school.
Am a full time businessman.I am a graduate of Rift Valley Institute, having specialized in Textile technology.I started my business after realizing that getting employment was almost impossible, in the prevailing economic times. My business has been making profits. I have used the profits to buy a plot which i intend to built a house..Am a hard working person who likes marketing.

My Business

I run my business with assistance from two personnel i have employed.I intend to use the revenue from the business to repay the loan.
I deal in clothes selling , I get new clothe from Nairobi and Kampala and sell them .Further , i have also started stocking lady's shoes as i have found that they are very marketable.Ladies have always been very good customers , they like spending to look good. Hence , my business has a lot of customers. Customers like my shop as i have been able to supply them with the latest fashionable cloths. also my services are very efficient as my two assistance work well with me.So, far the only risk , is competition from other businesses.
My monthly revenue after i have paid my bills is about 30,000 Kenya shillings.
I intend to use the profits to repay the loan and further use the remaining amount to restock my shop.

Loan Proposal

dear lenders i wish to increase the stock of my shop and through your program i see a good chance of property am happy to find a place where you can find help am glad taht through your assistance i will be able to add on my savings and atleast boost my stock my stock hoping that this will enable me increase my income to greater hights am loking forward to a good working relation with you my God help you and thank you in advance for yor assistance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 22, 2013

Repayment status

Late

Projected term

13 months

Lenders

A

anonymus

Moon, United States

H

HildeK

Rogaland, Norway

mewesten

Waynesboro, United States

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