Dumbell bench for my gym

Kenndey

Nakuru, Kenya

37% repaid

Entrepreneur

Name

Kenndey

Member since

September 2016

On-time repayments

6 installments  •  33%

About Me

Kennedy Kaunda is of Kenyan origin specifically a place called Nakuru county. I studied at the following school primary and secondary respectively. Kitabus and Narumoru Boys. I ended my education after finishing my form four exams because of challenges at home. My father was rely on farming top educate us, support us in school and nearly everything and with farming it is never consistent because of fluctuations in the weather patterns.
with no school to attend, i therefore had to look for an alternative to life because i could not always be asking for money from my parent because i was a grow up. I therefore started looking foe works here and there and something to do that will help me make money. I was first employed as a waiter at the Hallways Hotels in Nakuru where i worked for a period of 4 years. All through i was working with one aim in life, make savings and use the money to start a gymnastic hall where youths can train and exercise. I realized my goal early this year and made to start the gym with local materials. That is now my business and my source of income though i really need to work hard to put it in a good condition that it is currently

My Business

I offer training services, i have a gymnastic hall where people come and do exercise. I also offer training to the new members at the place. I train them and show them how they are supposed to lift the weights around. This services are useful because they help enhance fitness. They make people fit and energetic, they also help the ladies maintain there body shapes.
I chose this business because right from my high school, i used to like lifting weight and thus after finishing school i decided to venture into the same business because it was something in my heart and i enjoyed and loved doing it too.
I use the profits that i make to invest into the business because it is still young and i want to make it be of high quality. I have been using local materials to make my weights and now with time i wish to improve. 90% of my savings goes to the business because i want to improve it. The remaining 10% i use it to sustain my living, and keep the business running.

Loan Proposal

Thank you so much for allowing me to express my need. Given 5 Us dollars, i will use the money in addition to a saving of 35 Us dollars and buy a new dumbell bench. This bench has attracted a lot of demand particular from ladies who wants to work out on there tummies. The bench enhance the flat tummy exercise.
I will benefit from this because once i have the bench, i will attract more ladies who want to work on there tummy thus helping them and in return increase my income.
I expect my profits to increase by almost 20% since the business is still young and growing

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Sep 22, 2016

Repayment status

Late

Projected term

6 weeks

Lenders

McJulio

New Jersey, United States

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