Entrepreneur
Name
Martin Amolo
Member since
December 2017
On-time repayments
11 installments • 64%
About Me
My name is Martin Amolo a second born in a family of eight.I am a Kenyan national born and raised in Nyanza province in the lake Victoria region.I am a teacher by profession but currently doing business as an upcoming enteprenuer in Kitengela Kajiado county.My objective is to make use of every God-given opportunity to succeed in my area of strength.I am married to one wife and commited in church activity as a musician.
My Business
My business derives its income source from sales directly from people in surrounding locality especially food vendors.Most of them make orders almost daily in a week.For the purpose of details:
One sack of Omena fish costs $170 wholesale price and my goal is to have 2 sacks for distribution every week.My target is to have capital of $680 to maintain a constant supply for a whole month.
This may fetch a profit of $100 per sack after sales.Thanks in advance for your support.
Loan Proposal
The loan amount is to be used to add my stock of fish.One sack costs $170.I will require more sacks to cope with the current fish demand.The loan will enable me add 20% of a sack which I will appreciate.Thanks in advance.
. Yours faithfully,
. Martin.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$9.00
Date disbursed
Feb 27, 2018
Repayment status
On Time
Projected term
1 week
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