Expanding my business

John

Miambani, Kenya

100% repaid

Entrepreneur

Name

John

Member since

September 2016

On-time repayments

37 installments  •  92%

About Me

Am John Mwaniki born in 1984.I come from a family of six children where out of the six two are men and four are ladies.My father used to be a very hardworking farmer where he used the sales of his farm products to pay for our school fees.I went primary school where life was difficult because I sometime was sent out of school due to lack of enough school fees but God is good my father worked hard in order for me to complete my studies.During my free time I used to help my father in the farm before going to play with other children.After I completed my primary school I was enrolled to a secondary school.In high school life was not easy due to lack of fees but I did complete my secondary school level.After high I didn't have fees to take my studies to college and I started searching for work to do in order to earn some money and way employed by a textile company where I saved some money decided to start a small grocery kiosk.

My Business

After high school due to lack of school fees for me to further my studies I was employed in a textile company and worked as a machine operator for some years where I saved some money to start my own small business.I started my own business with a capital of 20000 KES from my savings.At first business did not pick up well but I did not give up.And years of persiviorence and hardwork my business started picking up well slowly by slowly where I could operate my business and also buy other personal effects like buying food stuff and cloths.As of now I earn a profit of 4000 KES a month and I thank God for this far He has taken me.

Loan Proposal

when i receive the loan i will increase my stork by buying 1 crait of tomatoes at $10.8, 1 bag of onions at $ 6, 10kg of bananas at $ 5 and 2 dozens of sweets at $ 1 each. It will increase the number of my customers, my customers will be happy because they will be getting what they have bean asking for. It will also increase my profit by $ 10.8 per day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$22.00

Date disbursed

Oct 6, 2016

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

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