Daniel
Bungoma, Kenya
100% repaid
Name
Daniel
Member since
November 2015
On-time repayments
228 installments • 19%
I managed to clear an 8-4-4 education system as a graduate. I have come from a humble background from the mid interior of western province Bungoma County. I learnt about saving after my form exams where I got some amount that got me purchase a laptop, printer and photocopier. I did some business with the identities up to date.
Basing on the economic activity in my region of business and agriculture, with subsistence farming as the core economic activity, I ventured into farming of ground nuts and some other cereal crops as at 2014. My first action got me some benefit and I opened up a cereal business done from my homestead of which I have managed to get my family with something to smile at.
I began with a cereal shop that has greatly boosted the level of my family living standard. As per my profession I require some certifications to find myself a job. Despite the limited opportunities within the nation, I have consulted and advised to pursue some certification in switching and routing, network security and database management if possible. The certifications will built confidence in the job recruiters. At the moment am taking care of my young siblings school fees and I cant meet all the fee requirements for the proceedings with my studies. I am having a laptop and I want to start a type setting, printing, and other computer services to meet my personal and family requirements as well as the school fees.
I will get to buy the cereals of maize 90kg at $18, beans 90 kg $28, ground nuts 20kg at $ 60. The purchase is on wholesale after which i get to sell on retail basis to have teh growth with the aim to increase teh stock and start to sell both at wholesale and retail. The anticipated profit is about $ 67 with an increase of 67.5% in profit based on teh current business status.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Dec 25, 2015
Repayment status
On Time
Projected term
5 months
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