Name
David
Member since
March 2013
On-time repayments
127 installments • 74%
Am a resident of Rongai district,rongai location,Kapkwen sublocation,Tuiyotich village.
I am a self employed young married man,with a kid.am engaged in a poshomill business.
Educationally,am a form leaver and didn't further my studies due to financial constraints,and that is the reason I opted to join the business world of business.
I started the business back in the year 2009,the business though challenging, it pays of.I spend the earnings from the business to sustain my household needs,cater for operational expenses and save the remainder.
My poshomill business is located in a strategic place and there is no any other poshomill in the village.Many of my Customers are really satisfied with the quality of services I offer though limited by financial constraints.During the harvest season,the business is usually at its peak and profit is usually high,enabling me to save.
Currently I incur no rental charges since I own the premises.The expenses I in incur is due to fuel and machine maintenance .
If given the loan,I will use the loan to stock some sacks of maize which I will later sell back to my customers when they have ran out of stock.
If given the loan,I will use the loan to stock some sacks of maize grain which I will later sell back to my customers when they have ran out of stock,and in return,I will make some profit through the sales of the grains and also through milling of the grains.This will also boost total monthly income,especially those off peak months, where monthly sales is usually low due shortages of maize grain, attributed to seasonal fluctuations.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 27, 2013
Repayment status
On Time
Projected term
12 months
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