Daniel
Nairobi, Kenya
99% repaid
Name
Daniel
Member since
June 2014
On-time repayments
121 installments • 73%
i got employed some 5 years ago. Actually the employment i had never gave me enough hopes until i sat down to set a business plan. All the same i had no otherwise since success does not come from a silver platter. i had a little capital to start my cosmetics shop. one and a half years i could see myself heading to my dream.
at the moment i run a cosmetics shop. the sales are pleasant since i have some constant customers from whom some of them i get good deals to keep my business vibrant.
Generally, I am in a position to generate $350 gross profit where liabilities:electricity bill, rent, licenses add up to $150. Therefore my profit is $200. Cosmetics have high demand in that ladies buy a lot of skincare products, haircare and some other categories.
I'd really be in a good position if i can have a loan where i can supply some little stock.
Business has been at a position where i can win customers by giving them there products wherever they are. I tried this in the past months. I saw it was working better consequently fetching more orders. The challenge was that it got a bit expensive on paying for motorbike transportation. I prefer to have some bit of cash to add and get my motorbike. Currently i have $700.00 at hand i need $50.00 to get a brand new one. The bike will be part of the business growth. I would really be psyche on having it. Not only will the customers enjoy my services but I’d take goods from my suppliers anytime and with ease. I expect a profit increment of 16% on having the bike.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 12, 2015
Repayment status
On Time
Projected term
5 months
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