Entrepreneur
Name
Wambua
Member since
February 2015
On-time repayments
63 installments • 37%
About Me
My names are John Wambua a graduate in statistics from a local university,,Am married with one kind,,after graduation due to lack of employment i chose to venture in small business.I love singing being choir master of my local catholic church,,also am volunteer with RED CROSS Kenya,,I started the business from encouragement from my friends and also my personal intrestest in order to be able to sustain my family,my wife have been an inspiration towards my success by giving me moral and physical support..
My Business
I own a shop at my rural area which i usually sell the essential commodities to the nearby community around,,there have been a tremendous growth of the business since i started it.My number of customers have generally doubled in the past six months who mostly compromise low level income earners usually farmers,,also have usually being saving my profit which i usually plough back to the business to add stock,,
Loan Proposal
Greeting my lenders,I would like once again request for a loan to buy freezer which i will use in my new business venture of supplying fuits and vegetables to local schools and hospitals, these comes from my two green house i purchased lately through your support,I will spend 200 dollars to purchase the freezer which will prevent my vegetables from going bad,this will increase my earnings from 150 dollars per day to around 250 dollars,i will appreciate your support towards my new venture
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Loan Info
Project Type
Classic Loan
Disbursed amount
$182.00
Date disbursed
Oct 24, 2015
Repayment status
Late
Projected term
8 months
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