Entrepreneur
Name
Michael
Member since
August 2017
On-time repayments
70 installments • 70%
About Me
I am young entrepreneur building an online bargain retail business. This started as a way to make ends meet in university but has growth to become a source of income beyond school.
My Business
The business is called Below 1000 as it sells items below ksh 1000. This is an attainable price for the majority of the population despite low incomes. I source quality affordable items and sell them.
Loan Proposal
I have increased my revenues from 0 to 100000 last year despite political instability. With the resolving of the political issues in the country, I would like to start distribution of bags to Nanyuki, a smaller town in Kenya. I would use the loan to go to the town and back for 40$, buy the inventory required at 60$ and the rest would be used on miscellaneous expenses. I am looking forward to working with you to make a difference in a business that I hope to scale beyond its current capacity.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$102.00
Date disbursed
Feb 22, 2018
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Edegem, Belgium
United States
Atlanta, United States
United States
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