Name
Kevin
Member since
February 2017
On-time repayments
10 installments • 30%
i was born in a family 4 children in Nyeri county being the last born .i went to st.Joseph boys high school and completed my high school there.since i could not join college due to lack of school fees i started to rear browser chicken and sell the to nairobi hotels at a good price that attracted more customers that made my business to do well but due to lack of knowledge and experience i was unable to manage this business and decided to change business and decided to sell non perishable business goods that i will be able to manage.i used my small capital i had saved from the selling of my chicken and started to sell traveling bags,duvets pillows and bed sheet.i like reading novels and swimming.
i sell home goods bedding and bags like duvet,pillows and bed sheets at retail price which i buy them at wholesale. i chose this business since it is a non perishable goods and does not need much attention.this business does not require much capital to start and it is easy to manage.i spend $100 to buy new stock to my business and i earn a profit of over 40% that i use to pay rent,school fees for my child,home improvement and expanding my business.
i will use my loan to buy clothes hangs to hang my clothes for a better view of my customers and make an d this will make my business to attract more customers and earn more profit that will make my business to expand and be able to provide for my family needs.each hang cost 0.5 and this loan will help me to buy more than 100 hangs.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Feb 15, 2017
Repayment status
Late
Projected term
2 months
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