Entrepreneur
Name
Japheth
Member since
February 2017
On-time repayments
6 installments • 50%
About Me
Hi, am a Kenyan business man working in the public transport sector . I am requesting a loan to help me improve my business and possibly start a driving school in Kakuma Kenya because after staying the for the last 2 years I noticed there were no such institutions there and the place has a very large population.
This is my deam and I know I will start as soon as I get the funds. NB: this is going to be a super business and the lender will repaid first coz I treat them as partners.
My Business
Public transport (I own a matatu as they are locally known ). Since the year 2008. This gives me a gross profit of$ 900 per month and after some deductions (insurance, local authorities tax,) I remain with some 750 per month. I use this reminder for all my financial needs including repairing my car domestic and savings.
Loan Proposal
This loan will help me improve my business as much as possible, although I have a long way to improve my credit score in this website but I believe I have the best possible chance for a good beginning. If it were 500 dollars I could have had a chance give my business a new look and repay in just six months because as far as I am concerned I can and I will.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Feb 8, 2017
Repayment status
On Time
Projected term
6 weeks
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