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.
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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
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