Entrepreneur
Name
Samuel
Member since
July 2012
On-time repayments
20 installments • 70%
About Me
I am 35yrs old married man and a father of three kids one in school. i live and work in ongata rongai where i have a boda boda taxi and a small retail shop in the estate. i have a std eight school education. I started this business three years ago to earn a living and support my family and create employment and wealth.With my monthly income of 30000 i am able to pay school fees and feed my family
My Business
My business is transporting of people and goods within ongata rongai area. the demand is high of this service as the area is highly populated and roads are in poor state making it hard to be reached by cars.This business is profitable because the cost of running a motorbike is very low a ltr of fuel goes for thirty km
Loan Proposal
I want to add more stock to my shop by buying some new products which i have not been able to supply to my customers. With this loan i shall be able to increase my sales by 10 -20%.per month . please lenders support my business to grow i want to one day open a supermarket because there is space for improvement in my small shop. I will increase the stock of sugar as i shall be able to buy in bulk and unga i shall be able to buy in bundle which will help me save unlike now that i am used to buy in small units
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Sep 11, 2012
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
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