Inventory loan

James

Karatina, Kenya

100% repaid

Follow James

How it Works

Entrepreneur

Name

James

Member since

April 2017

On-time repayments

49 installments • 80%

About Me

my name is james mwangi,,9th born in a family of ten. brought up in poverty lineage where my parent had no income at all. i dorped out of school in form two worked as matatu conductor this helped me overcome the life challenges and managed to go back to school to complete ma study. now am IT graduate running a computer and mobile phones shop .

My Business

i run a mobile shop , the value of the stock is about Kes 1M and revenue of Kes 47000, the good are fast moving goods,getting the loan will help me buy more stock . the profit will help me improve the life of ma children by paying their school fee and also reinvest back into the business to boost the grown. in future this help me get my own facilitate

Loan Proposal

am running the electronic shop. due to lack of capital and demand have not been able to meet the high demand of mobile phone in nyeri county. intend to buy more stock(mobile phone) to increase my capital. the goods are fast moving. this will increase the revenue by 80% of the current revenue of KES 20000. the profit will me add more stock and pay fee for kids.