Name
Isaac
Member since
April 2015
On-time repayments
6 installments • 100%
Since i lost my parents at a very tender age and considering how education was so dear to me, even though i was attending school, i had to do part time work to support my self and also for my other younger family. I did a lot of concrete and mortar work for survival.In so doing i was able to finish my accountancy course. From small income from my part time work precises teaching , i started selling a house- hold items.Currently i need cash to expand my business and also continue my education.
Due to how every body needs house hold items like iron, fan, gas cylinders, radio , wall clocks and others , i decided to engage in these business so that i could care for the family and also continue my education. I venture into these because it moves fast. Due to the strategic nature and the area if i get this loan i can expand it and grow it. The goods, since they are household items, one cannot do away with it.
When the loan get to me , i will talk to my supplier to add items like led tvs, tv- antennas, Fridges and fridges- stands. In dollars terms i think it will cause 1,400.I think the benefits are more because now i may have a very reliable source more cheaper and flexible loan.The payment is simple and easy. With this loan, i can expand the business and crate job for the unemployed youth.I think my real profit can increase by 72%.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
May 4, 2015
Repayment status
On Time
Projected term
6 weeks
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