Entrepreneur
Name
David
Member since
September 2012
On-time repayments
19 installments • 0%
About Me
I am a father of 14 children , a pastor and overseer of about 8 churches.I am a holder of Doctorate degree of divinity i decide o open a business name and curry a business of rate collection supply, and general commission agent to support my bigger family in education and life in general .The first eight children are employment and the six are in school.This business helps me to charter for food, education, traveling,clothing and good life in general just like St. Paul who open a tent so that he could not burden his church members.
My Business
This is a profitable business we sign a contract with landlords for their houses to rent them to tenants and give us ten percent of the total collection of the house.We also supply building material like sand,coral blocks etc. and get profit nets between ten percent and fifteen percent.Our customer prefer our business because of the low rates or percentage we give to the customers, our monthly costs sales revenue profit comes between Ksh 20-25 thousand shillings after paying the office rent.We want to double the capital cash to enhence the business.
Loan Proposal
I will buy building material like sand which is to cost Kenya shillings 10,000 ,coral blocks will cost Kenya shillings 10,000.am also planning to renovate my temporary office so that i can make it better for people to settle down for businesses.I will also use Kenya shillings 15,000 to buy timber like mahogany,cyprus,palms trees,mango trees and other items of value.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Dec 7, 2012
Repayment status
Late
Projected term
20 months
Lenders
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