Name
Samuel
Member since
October 2012
On-time repayments
11 installments • 9%
am samuel karisa,a resident of malindi at a place called ndugu mnani,am married with two children,i studied up to class 8 in the year 1998.My first born is now in kg2 here in malindi.my main occupation is retail shop here in malindi Kenya.is ell things like flour,sugar rice ,oil,beans,salt and other domestic items for consumption.
i started this business in order to earn a living and be able to feed my young family.
My main business is retail shop here in malindi Kenya.is ell things like flour,sugar rice ,oil,beans,salt and other domestic items for consumption.i make about kshs 14,000 in a month,expenses of kshs 5000,i remain with kshs 9000 which good to offset my lenders.Demand is high due to high population within here and that is why it is profitable.
I will use the loan to buy stock for my business like unga kshs 10,000,sugar kshs 5000,cooking fats of kshs 5000.i will also purchase biscuits and wheat flour for my business.i expect this generate profits by end of the first month.i will also use kshs to buy fresh maize and the other kshs 4000 for miscellaneous purposes.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$359.00
Date disbursed
Nov 21, 2012
Repayment status
Late
Projected term
12 months
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