Entrepreneur
Name
Geoffrey
Member since
October 2013
On-time repayments
58 installments • 52%
About Me
I am a 4th year undergraduate student taking a bachelor's degree in computer science. I started a small scale business to fund partly my school fees, personal requirements and basic needs. I intend to expand my business when I get increased capital and this will help me build my future besides my career.I tape the business i am operating when i realised its potentiality and also it was more profitable. I am serving a large market composed of many young people who are students. The demand of my products are high. I am determined to employ more workers to help me run the business efficiently.
My Business
My source of income is my personal business. This will basically fund my loan repayment.
The business entails eggs, safaricom scratch cards and safaricom bundles.
There is a high demand for eggs from the locals which makes my business viable. The students in the university have internet enabled mobile phones hence they buy bundles(subsidised) for surfing the internet and making calls.
My customers prefer my business because I deliver goods efficiently and when they need them.
Monthly cost...ksh.1500.
sales revenue...ksh.15000.
profit...ksh.10000
Loan Proposal
Hi, thanks for activating my account. I am so greatful and appreciative. I will use the loan to advance my business by buying more stocks for my customers. I will buy stocks worth ksh 8000 and the rest cather for other customer after sale service. I promise to repay the whole loan in time and also in full. I will be updating you on the progress we are doing in this business. Thanks alot and God Bless you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Nov 13, 2013
Repayment status
On Time
Projected term
23 months
Other loans
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