Inventory purchase

Eric

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Eric

Member since

August 2016

On-time repayments

30 installments  •  17%

About Me

Thank you for this opportunity.
I am a 28 years old gentleman living and working in Nairobi. I come from central Kenya a Kukuyu rich cultural land.
I engage in distribution of cereals in town and i therefore would like to grow my business to a higher level. The main challenge in this business is that without sufficient cash flow its hard to meet customer request.
I started the business 6 months ago through savings that i had accumulated from my previous job.
My hobbies include listening to music and reading.

My Business

My business is livestock production and farming These kind of products are very useful on a daily basis to consumers as they are the main components of any meal hence the reason for my venture.
The revenue that the business generates is reasonable through daily sales and the profit made is reinvested back to the business to grow the business.

Loan Proposal

The applied amount will be used to increase stocks of cereals in my business.
This will see me increase the profit that i make due to increased sales. I expect to increase my profit by a small margin not quantifiable.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Sep 6, 2016

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

dlpringle

Denver, United States

Hans Moor

Vorden, Netherlands

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