Entrepreneur
Name
James
Member since
January 2015
On-time repayments
120 installments • 1%
About Me
I was born in a small village called Pondo. I joined Mahianyu pry sch from there i joined St Mary Mother of Grace sec sch and then i joined Jomo Kenyatta University. I overcome hardships by hard work and the fact that i always don't accept defeat. I started my business with the money i earned as a loan officer. The people are honest, God fearing and very hard working .My children want to be doctors and nurses. I love solving arithmetic problems.
My Business
I sell second hand clothes and new clothes. These clothes are important because always people must wear clothes. I chose this kind of business because it has high returns and people are able to afford the clothes because they are cheap. The cost is like 40percent of the revenue i get so it is a good investment. I use the profits to pay school fees for my children, reinvestment in the business and farming.
Loan Proposal
The loan i will acquire i will use it to buy new stock for my clothes business. It has been my dream to start selling small children clothes as they bought like hot cakes and so with this loan my dream will come true. With this loan then my sales will go up and my profits and hence it is very easy to repay the loan comfortably.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 9, 2015
Repayment status
Late
Projected term
28 months
Lenders
Germany
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