Entrepreneur
Name
George
Member since
July 2018
On-time repayments
5 installments • 20%
About Me
I come from a family of 5 children, my father currently retired police officer and my mother is a police officer. I went to Madaraka primary school for my KCPE, Machakos school for my KCSE and Catholic University for my Degree.
It has been tough growing up, with parents earning a small pay. I decided to fend for myself and reduce the burden on my parents. I started selling second hand clothes to survive. This was not enough, so i decided to try something different and more involving.
My Business
I have an idea of buying handkerchiefs, then packing them in paper to give them shelf life by preventing dust. This idea also promotes hygiene.
Loan Proposal
I will use the loan in order to increase the stock in order to increase my profits.
I buy the hankies at 30/=. I use 2/= to pack and Brand them.
After branding I sell them at 50/=.So I make 18/= per hankie.
I will also apportion some of the money towards transport during sales and marketing.
I thank you for this opportunity, and your financial support.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Oct 24, 2018
Repayment status
On Time
Projected term
3 weeks
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