George
Nakuru, Kenya
100% repaid
Name
George
Member since
February 2014
On-time repayments
90 installments • 49%
my name is george auchi from nakuru county.i come from a family of four where i am the last born.i went to kenyatta primary school where i did my primary education,then i proceeded to nakuru day secondary school for my secondary school.after finishing my high i didnt have money to proceed with my education so i looked for a job that could sustain me and my family.i got ajob as a researcher in mildward brown research ltd as afield data collector.its after this job that i managed to save some cash to start the business of selling shoes and travelling bags.i now need a loan to increase my stock. i will highy appreciate you assistance
thank you
my buasiness involves selling both second hand and new shoes.i also sell travelling bags.i have been in this field for the last four years so i know quite well on the ways and means the business is done.this business has lots of challenges and risks associated with it.the major challenges involves the strict taxation policies put in place by the local authorities,high increase in prices of commodities and the conflict between demand and supply.i have taken all measures to curb this.in agood month i manage to make sales worth 550 dollars and after doing a way with the expenses ,i remain with 350 dollars as my monthly profit. with this profit, i will be able to pay my loan in time.thank you and may GOD BLESS YOU
hi lenders thank you for this golden opportunity to apply for a loan.this loan will be of much help to me as it will help me in increasing the stock of shoes and bags in my shop.of late,there has been high number of customer turnout in my shop and most of them like my shop,there has been very high demand of my products this is because they are of good quality.with this loan i will use 60% of it in increasing the stock of shoes and 40% in increasing the stock of bags.your kind and generous contribution will be highly appreciated,thank you
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 26, 2014
Repayment status
On Time
Projected term
10 months
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