Name
Francis
Member since
August 2016
On-time repayments
144 installments • 60%
I am the last born of 6 children. I have a wife and a beautiful daughter. My parents have both retired in the village and they depend on us to sustain them. I have a bachelors degree in information technology. After 5 years of looking for work and failing, i decided to open a small shop next to a college in my area. I focused on offering photocopying, printing and typing services to the college students. I started 2 years ago and now the business has grown in leaps and bounds. Through hard work and dedication, i hope 2018 will be even better for me. When i am not at work, i spend alot of time with my family, watch movies in the house and read novels.
I have a Shop offering Cyber, Copy and Printing Services. Apart form this, i also bind special reports that need to be bound and collated, Scan and Laminate documents. The secret to succeeding in this business lies in diversification. In future, i wish to open an online business and run an eCommerce store using my cyber cafe as my physical address.
An average of total revenue per month is $500. With the profit, i am able to pay for my business rent and re invest in the business, house rent and general house expenses.
I want to expand my business to include color printing. A simple hp printer goes for around $40 dollars. With this loan, i will buy a new printer and start color printing.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$47.00
Date disbursed
Feb 12, 2017
Repayment status
On Time
Projected term
3 months
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