Name
Henry
Member since
November 2016
On-time repayments
21 installments • 43%
I grew up with my only 2 sisters in my grandmother's place.I was the first borne and I only learned upto class 3.I worked in one of the Indian foreighner's clothes shop for 5 good years and I was saving my income which I then used to open my own business.Almost everyone who is living near me are Luos.I have one child who likes playing with her friends and really need her to be a socialite when she finishes school.Ever since I was 5 yrs old,I have had so much passion in playing hockey
My shop contains clothes for both men and women.Luo like living luxurious lives and therefore clothes from my shop heve been very marketable.I discovered this business to be so much profitable when I was once an employee and that is why I went for it.There is usually a ceremony in my village atleast once in a week and I usually buy clothes at around $150 and then get a profit ranging from $90-$130 after selling them to the people who will be in the ceremony.I rented a house which I am using to run my business and therefore part of my profits I use to pay rent and the rest I send to my family
I increased the stock of clothes in my shop using the first loan disbursed and the business is now running very well hence i wish again to increase the size of the shop as it now appears to be very small. This might allow a monthly profit increase of around $80
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Feb 5, 2017
Repayment status
Late
Projected term
2 months
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