I will increase my stock

Francis

Kariobangi South, Kenya

4% repaid

Follow Francis

How it Works

Entrepreneur

Name

Francis

Member since

May 2017

On-time repayments

32 installments • 38%

About Me

I am Francis muchoki,born and raised in rural areas in Muranga county ,Kenya I did my kcse in 2014 and scored a c+ which helped me to secure a place at Kenyatta university currently pursuing bachelors degree in economics and statistics ,I have struggled a lot while being employed at casual work in Nairobi and through my savings I achieved to buy a kerosene pump and an mpesa outlet in same place ,I use my profit to reinvest and pay a portion of my school fees and upkeeps while at school,

My Business

I started my business back in the year 2015 after a little savings ,I bought an mpesa and after a little profit and savings I bought a kerosene pump to sell kerosene around my estate ,I sell in retail and on wholesale which add up to kshs 10,000 in a month and 15,000 in mpesa and some safaricom products ,I use my profits to pay for some part of my school fees and reinvesting back to my business

Loan Proposal

Upon receiving the loan,I will but more stock to my business that means I will make more sales which will result in increasing my profit from the sales