Name
John
Member since
March 2016
On-time repayments
296 installments • 80%
I come from a humble background where enrolled to a form four level.
Due to lack of school fees my studies ended there.
I start as a hawker then employed for some years till now I own my business .
Our land is on a valley where there are several rivers. We use fish and bath in this rivers. There is a forest that it suround our land and we use to hunt wild animals in it.
My child want to be a doctor when he grows up, this make me feel good because this was my wish when I was young like him.
In my childhood I love hunting wild animals and gathering wild fruits.
I am operating a clothing stall in CBD where I sell all kinds of wear. Due to demand of fashions my business is doing well and profit had risen from 5%to8%.
I chose this kind of business because in my area there are few people dealing with it.
I started with small cost but in term of revenue it is collected annually which make easy to raise.
I use my profit to reinvest, and the the remaining I pay school fees of my child whose is in kindergarten.
I will buy warm clothes ie jackets , sweaters, gumboots, trenches for both unisex adult. I will even purchase umbrellas and marvins.
This will help me expand my business and even find another shop and stock it.
I will employ several employers hence giving back to community.
Due to demand of this items the profits will increase from eight percent to ten percent.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$534.00
Date disbursed
Jun 30, 2017
Repayment status
On Time
Projected term
14 months
Other loans
Ask John a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.