Investing in business

Francis

Kariobangi South, Kenya

100% repaid

Entrepreneur

Name

Francis

Member since

May 2017

On-time repayments

32 installments  •  38%

About Me

I am Francis muchoki,born and raised in rural areas in Muranga county ,Kenya I did my kcse in 2014 and scored a c+ which helped me to secure a place at Kenyatta university currently pursuing bachelors degree in economics and statistics ,I have struggled a lot while being employed at casual work in Nairobi and through my savings I achieved to buy a kerosene pump and an mpesa outlet in same place ,I use my profit to reinvest and pay a portion of my school fees and upkeeps while at school,

My Business

I started my business back in the year 2015 after a little savings ,I bought an mpesa and after a little profit and savings I bought a kerosene pump to sell kerosene around my estate ,I sell in retail and on wholesale which add up to kshs 10,000 in a month and 15,000 in mpesa and some safaricom products ,I use my profits to pay for some part of my school fees and reinvesting back to my business

Loan Proposal

if I successfully get the loan I will add some other money from my previous profit then increase the stock that am currently having this will then results as to increase my profit after selling in a day afterwards I will be reinvesting back the profit

Feedback

1

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  • John    Jan 5, 2018

    Great job on repayment, good luck in the future

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Dec 9, 2017

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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