Name
David
Member since
April 2012
On-time repayments
18 installments • 44%
I am single man age 24 year, I am first born in a family of three.i live in utawala estate embakasi (Hoga house plot no.19/ 6845 / 1222 A) I graduated from Mount Kenya University in the year 2011 in Clinical medicine.currently i am a lab technician at airways high school with a constant monthly salary.I am also a small businessman and i mainly deal with cosmetics and lady stuffs such as weaves, braids,perfumes etc which i sell in skymed chemist.i also own a motor cycle which i use for my business movements and sometimes to ferry passengers as a means of creating income for my business.
apart from working at airways high school as a lab tech. i also deal with sales of weaves,braids, perfumes, and hair oils which i do from skymed chemist in githunguri.it makes good profits but i need some capital so that i can become a distributor of darling hair products company so that i may set up my own big shop and leave skymed chemist to a family member for management.i buy my products from other distributors in Nairobi town and this limits the maximization of profit in my business.i want to cut the middle men out and go directly to the company.
If granted the loan i will add my savings to the loan and add more of weaves, braids, hair oils, cutex, facial scrubs, hair sprays mainly from darling hair products company since most customers prefer darling products.After boosting my stock with the loan, i will embark on repaying my loan so that i may borrow a second bigger loan and open a cosmetics distributor shop in machakos town as a distributor of darling hair and beauty produts in order to enhance the growth of my business.
Positive
6
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$306.00
Date disbursed
May 23, 2012
Repayment status
On Time
Projected term
6 months
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