Name
Julius
Member since
January 2015
On-time repayments
227 installments • 9%
My name is Julius. I have a diploma in IT and currently undertaking a diploma in legal studies. I started to think about a shop after joining the college since I could not be relying on my parents for everything. I started with a small stock of about Ksh10000 which was very little stock. I needed a source of revenue to support myself and also ease the big burden of school fee from my parents. I decided to study as a distant student so as I would have an ample time to take care of my shop. I am going well with the shop and happy since even after finishing school I wont be stranded looking for jobs.
My business is a small shop which I started with a capital of about Ksh10000. The shop doesnt have a huge stock but it good and am hoping it would get big. My dream is to grow it into a supermarket by 2017. Currently I have started making garmets in the same shop and sometimes visiting customers into their homesteads selling to them. What i am calling my 'fieldwork'
With this loan i would be able to increase my stock from the current 10000 so that I would be able to have more commodities like the one my customers don't find in the shop. Also it would help me to purchase more garment making materials and possibly hire someone who can help me in selling, Since when close the shop every time i go selling the garmets in the field
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 29, 2015
Repayment status
Late
Projected term
53 months
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