Entrepreneur
Name
Charles
Member since
February 2017
On-time repayments
12 installments • 50%
About Me
Iam CHARLES LICHINA Iam a married and born again Christian born in the western part of Kenya that’s Nyanza . Am a father to two children. Am farmer of mixed green farm products especially cabbage, cales , spinach,tomatoes and onions . Through the support of my parents i went to my primary education later my secondary education .i was unable to join college education due to funds and thus I stated farming through the support of self help groups i got some small funds from merry go round organizations and i was able to start buying and selling of cosmetics and later after one year I started farming. Am happy because the place where i located my job is a busy place due to the surrounding hotels and a market where i supply my farm products around. My children's are happy about me and they wish to be farmers too in their time when they complete their education. As a hobby i like and love swimming.
My Business
In by area of business, most of the services i lender are supplying of green vegetable in the nearby hotels and markets as well as schools and colleges around. This service makes my business so popular in the area especially by my customers which is from within the area. I admire the job so much and i decided to have that kind of business because there is no any other of the same kind and thus i have no competition for that side. Having the business alone in the area, it makes me to have a profit of about 178.5 US dollars per month which is capable to meet all my domestic needs and paying the rent of the house that i live and that of business.
Loan Proposal
If approved i intend to use my loan in the purchase of the following; Fertilizers (67 US dollars) transportation from the remote area to my business premisses (22US dollars) and (18US dollars) to get a trading license. After a successful sale of my products, i expect to get a total of 78 US dollars as net profit up from the normal 60US dollars. This will remain important to me and my family as i will enlarge my business and possibly employ two assistants (workers) as a way of giving back to the society. Thanks
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Feb 8, 2017
Repayment status
On Time
Projected term
8 weeks
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