Equipment loan

Staus

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Staus

Member since

July 2017

On-time repayments

51 installments  •  80%

About Me

I'm Nyongesa Staus Okumu, Born and raised in Kenya,Kakamega county. I was born in a humble background, I went to a local primary School where I studied for the entire 8 years The whole 8 years in Primary school was a huge burden to my guardian considering the situation at hand? I never wore shoes until I joined high school. Every step I made in life was only but a struggle,I vividly remember how I was out of classroom doors several times due to school fees in my local high school. Finally I matriculated to a renowned Private university in Kenya. It’s during the university level  that  I started my decoration Business together with my Friends, I being the sole owner of the business.

My Business

My  Business started back in 2014 with few individuals as owners of the company(Sponsors ). I collected some few coins from my friends ,family members not forgetting well wishers. We deal in Design and Decoration ,Our Mission is to ensure Innovative Products, Guaranteed to customers. As leading local manufacturers, I together with my business partners  believe in creating the best products for the best companies out there. And we don’t imagine our standards will drop anytime soon. We’re committed to designing, crafting and assembling the best merchandise on the market. We are currenty  working well,receive funds to expand the business,more customers and we hope there will come more customers.

Loan Proposal

I'm planning to use my loan to purchase some of the materials Chairs of worthy $35 which I intend to use it in my business other amount I will borrow them from my friends and well- wishers .Having my business dealing in Design and Decoration the Cash will greatly help me progress well with the programme. My business offers great opportunity for various employees who work in it, I totally depend on my business to bring something on the table now that it is the only business I have. I can’t predict the profit I might get since business is subjected to the game loose and win but am hopefully; I can make a profit of over 25% of what we get as a business premises. Am always positive in my businesses .I plan to pay the loan as soon as possible really appreciate your intervene in lending me the resources. Thank you so much

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Mar 8, 2018

Repayment status

On Time

Projected term

5 weeks

Lenders

B

bea

Australia

Ryan Agnew

Australia

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