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 the remaining I will add to my previous profit and add some more stock to my business while as a result will increase my profit and therefore will be in a position to repay the loan
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$9.00
Date disbursed
Dec 17, 2017
Repayment status
On Time
Projected term
2 weeks
Other loans
Lenders
United Kingdom
United Kingdom
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John Jan 5, 2018
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