Entrepreneur
Name
Kamau
Member since
February 2016
On-time repayments
124 installments • 22%
About Me
My life is full of happy childhood memories and also painfull moments that i can never forget. As a normal kenyan child,i used to play with friends both at home and the mixed public primary school where i schooled. At times we would go swimming and fishing in the nearby river and enjoy the beautiful sorrounding environment.
At times i would forget to do a certain house chore and this was hell with my mother's wrath. These are the painfull situations that i normaly could not take kindly as i so much feared the "cane."
After high school i got to work for at my uncle's textiles business and this is where i perfected my business skills. I love reading novels,hiking and spend alot of my free time on my blog.
My Business
During the day i operate my m-pesa and electronics business. Am also a professional freelance writer,blogger,English to Swahili translator,audio and video transcriptionist and affiliate marketer both of which i operate during my free time especially at night.
I chose this kind of business model as i am naturally into computers,the internet and also have a passion in writing and sharing ideas.
I plough back some of the profits i make into my businesses,also invest in researching new ideas relevant with the current market and the rest i use to improve my living stardands.
Loan Proposal
I intend to use the loan to add electronics stock in my business. With the growing demand of mobile phone batteries and mobile simcards i intend to buy 40 phone batteries $2 each and sell $3 each making a profit of $1 per battery. This will greatly improve my sales and also boost my business as i will use the profits realised to add more stock. It will also make these items readily available to the locals.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 25, 2016
Repayment status
On Time
Projected term
6 months
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