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
I intend to purchase more sacks of fish known as Omena which cost $170 per sack though I will buy smaller quantity due to the size of loan.I will be able to pay for house rent and cater for basic needs such as food and clothing.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$18.00
Date disbursed
Jan 2, 2018
Repayment status
On Time
Projected term
4 weeks
Other loans
Ask Martin Amolo a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.