Patrick

Dandora Phase Two 2, Kenya

100% repaid

Entrepreneur

Name

Patrick

Member since

February 2013

On-time repayments

34 installments  •  79%

About Me

My name is patrickmuendo,ammarriedwith three children .ilive in dandora phase 2,my ducation back ground,am o-lovel and ihave all trained in driving school.started working asa conductor forfouryears ,then was hired as a driver.up to now.Then started selling of groceries.theloan that i i took cosolidated with my savings and started the business.we decide to venture to business ,because my salary was not enough to pay all our house bills.my wife run the business while am way attending to my normal duties as a driver.

My Business

Our business is selling of groceries liketo matoes,kales,cabbages and e.t.c. westarted the businesswith 50,000 shillings.customerprefer oue products bacause they are fresh,clean and our prices are lowercomparingto our competitors.thechallege thebusiness faces is that we dont have enoughf inances to increaseourstocks inexapanding,too we are not able other loubers who can assist indoing the munual work.oru monthly incomeis12000 amonth whileourprofitnis 4000.
g iventheloan i will exapand ourbusinessandtoopen other outlets nearertoour estate.

Loan Proposal

Hi lenders,
The loan will be used to increase the stock of the groceries,i will buy tomatoes 2000,i will buy potatoes which cost 3000,onions which cost half sack of 1500 and others with remaining balance.this stock increase will be able to boost my income and attract more clients,because clients always want to buy where everything is available.

Feedback

4

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 21, 2013

Repayment status

On Time

Projected term

11 months

Other loans

Lenders

EHTHighSchool

Egg Harbor Township, United States

S

share

Whitby, Canada

J

jjonas

berlin, Germany

Sundstroms

Falun, Sweden

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