Fund my part time studies

Cyprian

Nairobi West, Kenya

100% repaid

Entrepreneur

Name

Cyprian

Member since

May 2014

On-time repayments

159 installments  •  48%

About Me

I am Cyprian, having studied up to university level in the field of administration,I decided to do business of distributing and selling car spare parts.I am a hardworking man in my areas of commitment.I started doing business because I`ve never seen any successful man without business,since I want to be one,business was the best option for me.My earnings I normally use to settle bills and plough back the rest into the business to help expand customer base.I like playing football during my free time and have passion in sharing business ideas with friends.I am a person with his own success principles.Kenya is a country good with business and everyone in the world is welcomed to visit.

My Business

I started business when all I had worked for was lost. In Nairobi nobody hardly walked slow looking for what to take home and eat and wait for sun to rise for another day. My first job in Nairobi area was to get a job. After working for some years,I later realized I could make a step and move up the ladder.
I got into selling car/truck spare parts and the business has healed a number not to mention mine but also brought helping hand to people around me.Actually I started selling spare parts while everything was not comfortable. I have created relationship with customers hence building on repeat sales and making my customers frequently come back. Customers have preferred buying because my shop is situated where accessibility is an advantage. Business is profitable because its products are moving.Averagely I get a return of $ 400 profit when the business is low.Getting the loan will enable me expand my capital base.I shall repay the loan with profits gained from sales.I look forward to your humbled acceptance.

Loan Proposal

If I have the loan, it will assist me in a number of things: fund me with fees of my part time studies (accountancy), enable me do my business (selling spare parts of trucks and buses) thus no larger amount of money that may affect the running of the business negatively. On repaying the loan, my business is at a point that will pay the installments in time.
The amount of fee am supposed to pay is $170 to which i paying $20 for the exam, i would like to borrow the balance $150 to pay my college fees as i do my business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jun 10, 2014

Repayment status

On Time

Projected term

20 months

Other loans

Lenders

Sarasota

Sarasota, Fl, United States

J

JonAlec

United States

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