Alexander
Sogomo, Kenya
$0 to go
100% funded of $11 goal
0
days left
Name
Alexander
Member since
January 2017
On-time repayments
11 installments • 0%
Thank you for the loan. I will spend the money on buying sony headphones that cost $10. I will be using this when deejaying because i have been using earphones thus i will look more attractive and my services will increase in terms if market because my services mainly depend on the attraction with the people.This could earn two more shows every month that income could rise by $100.
I sell different types of shoes both leather, sport and rubber shoes.Because my business is situated near the University, students provide ready market to my goods because they will always need to wear shoes. The income of $400 that i get every month enables me to pay my school fees and reinvest others in business. This is after spending a total of $120 on the same duration.
My business strategy for this first quarter of 2017 was to market my goods and one of the ways is designing, printing and posting posters. This will cost $15 in total and this is what i will exactly use the loan on so that many people will know my shop and goods i sell. This can increase my monthly business income by extra of $50 at the end of every month.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Jan 20, 2017
Repayment status
Late
Projected term
2 months
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