Entrepreneur
Name
Kenneth
Member since
January 2014
On-time repayments
71 installments • 14%
About Me
My name is kenneth mwiti i live in zimmerman with my wife and my son.we work together with my wife.Am an entrepreneur. i went college and study entrepreneurship and business studies.i started a business i have big dreams and with only a JOB could not achieve them.and i also love helping other people.The money i make from my business i re-invest back and look for more opportunities to invest.and i also purchase books every month with the money i make for my personal development and help my mum to pay school fees for my two sisters.
My Business
My business deals with second hard shoes and clothes from gikomba market.There is big demands for my products because my shoes are of high quality and big brands in market with affordable price.e.g nike,adidas,clarks,sketchers and more.my customers prefer to do business with me because i understand their needs and a superb customer care.The business is profitable because these kind of products are in high demands and the new one are very expensive in upscale market, so i offer the second hard but very good quality and big brands with affordable price.The risk we face is sometimes lack of shoes.my monthly cost in buying shoes and clothes is from 100k to 150k.my monthly revenue is 300k and 350k.my monthly profit is between 90k 140k.i will use the loan to expand my busness and open another shop in westlands nairobi. happy new year.read my story and fund me.Thanks
Loan Proposal
I will use the loan to expand my shoe business which means to buy more stocks for my shop.and because of more stock i will be able to generate more income and service the loan faster and apply for a more amount to open a new shop.i will only use the loan to expand my shoes and clothes business because is the industry am more exprienced in so it will be easy for me to pay the loan on right time.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$250.00
Date disbursed
Jan 28, 2014
Repayment status
Late
Projected term
16 months
Lenders
Montreal, Canada
Jake Gibson and Beverly Picardo
San Francisco, United States
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