Name
Kennedy
Member since
September 2015
On-time repayments
92 installments • 39%
schooled in the village and later joined town for university. have burned charcoal to help in paying my school fee. i started business by selling sweets, scratch cards, milk and sugar. in my culture, people believe that business is for those who are not schooled. the is no problem with trying but there is a problem with not trying. i would like my children to emulate hard working spirit. am a good dancer and like reading inspirational books like poor dad rich dad.
mechanical work and body work. cars get spoiled hence needs repair, accidents are also common i our roads thus need for body work. this business is paying well and also enhances relationship with customers. spare parts are, labour, electricity are my cost. revenue labour charge and spare mark up. profits i use to improve the business.
I am a business man, currently am running a garage. Am planning to start a restaurant since i have noticed that mechanics do not take lunch. some travel very far to get a place where they can buy food. this is very expensive since they must use transport.If I get this loan, am planning to start a restaurant to serve the mechanics and other nearby customers. am going to use this money to buy food stuff like rice $ 40, Ngano $ 50, cooking oil $ 20 for my restaurant. this will help me to feed the population around my wood. Am projecting 50% Profit from the business every day.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Mar 22, 2016
Repayment status
On Time
Projected term
7 weeks
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