Vincent
Nairobi, Kenya
57% repaid
Name
Vincent
Member since
November 2016
On-time repayments
65 installments • 72%
Dear lenders, my name is Vincent Semo. am aged 21. I was born in a remote village in kakamega county in Kenya. I schooled in local amprimary and secondary schools. through sheer hardworking I made it to university where am currently pursuing degree in actuarial science. since my university is highly populated I used to miss food in the school canteen due to commotion which made me think of starting my own food store to supplement what the canteen offered and also help out my colleagues. during my part times I like skating sio much.
I offer snacks and beverages in my canteen. my supplies are so useful since students have a shirt period breaks in between lectures hence they can't get time to cook or look for food from fa distances therefore I come in very handy. I chose this kind of business due to the high demand for snacks and light foods by my colleagues and the frustration they used to go through to satisfy this need. my typical costs are about 400 US dollars per month. I use the profits obtained to pay my shopkeeper, rent, buy stock and I also save a some for my future.
Dear lenders, if I successfully raise this loan amount I will use all the sums to purchase disposable cups for packaging my fresh juice for retail. This will cost me about 27 Us dollars.
It will enable my clients carry away my juice to consume at their own comfort. In return, I expect to make more profits as it will decongest my food kiosk and enable me serve more customers comfortably. I expect my net profit to increase by 20 US dollars weekly
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Aug 6, 2018
Repayment status
Late
Projected term
3 weeks
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