I will use the loan to expand my business by purchasing inventory, stock and planting more tree seedlings for sale thus...
Michael
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Michael
Member since
February 2014
On-time repayments
118 installments • 69%
About Me
I am a hardworking, committed and result-oriented individual with the ability to work under minimum or no supervision.
My Business
My main source of income is my salary
Loan Proposal
I will buy seeds, seedlings, equipment, set up a greenhouse for my seedlings to grow well in all seasons no matter floods or drought. This will help me employ members of the community who are keen to learn about this business and recruit more people into it.
I believe I have a unique business in my region which has untapped resources e.g. fertile soil, constant source of water as well as it is a residential area with a university, army barracks, nearby market for different types of goods, proximity to a super highway which would make it easy to transport the seedlings.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$141.00
Date disbursed
Feb 23, 2014
Repayment status
On Time
Projected term
3 months
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