Entrepreneur
Name
Joseph
Member since
February 2017
On-time repayments
148 installments • 32%
About Me
My name is Joseph Karimi. I am a family man with a wife and 4 children who are all in different stages in school. I was born in central Kenya where people are mostly farmers. The area is highly population and there is high competition for resources. This necessitated my relocation to Mombasa soon after finishing my formal education.
I joined my relatives in the coastal town of Mombasa where I started a small business of selling hardware items such as building and electrical materials. I am a hard-working person who is trying to secure his family's stability through hard work and discipline.
My Business
I am a businessman doing business in the town of Mombasa, Kenya. I deal with selling hardware materials for use in construction sites. This includes electrical cables, plumbing materials and common tools such as spades and hammers. I am a father of 3 children all in school.
My wife is also in business but she sells dry cereals in another part of the town. I work very hard to provide for my family and secure their future. We both hope to grow our businesses and turn them into big stores.
Loan Proposal
My hardware store is doing well. I want to use the money from this loan to stock nails which I will then sell to builders. I will buy an assortment of nails and this will give me good returns.
I am using this loan to diversify the products that I sell. Hopefully, there will be a good response from my clients and this will mean more sales.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$76.00
Date disbursed
Aug 16, 2017
Repayment status
On Time
Projected term
6 months
Lenders
United States
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