Entrepreneur
Name
Sammy
Member since
March 2016
On-time repayments
141 installments • 67%
About Me
I come from makueni county eastern side of Kenya.I am the last born in a family of 5 three brothers I included and two sisters.I completed my college in the year 2014 with a with a diploma in business administration. Since I came from a business minded family as my parents have been in business for quite for almost their entire life, my Dad opened a business for me which am now running it.
My Business
My family is in hardware business and I adapted the same.am now running a hardware business and I find it so interesting because the location of the business there is a lot of construction going on so the demand for building materials are so high.my goal is grow and have many branches country wide.by doing so I will have also created employment opportunities for many youchs out there who have finished there college and were not lucky enough like me to get something to do.
Loan Proposal
First and foremost I want to take this opportunity to thank you for giving me this oppoturnity to have a chance to post my loan.for this loan a after deduction I will use the balance to buy kentanks for they are currently in high demand.the biggest for 10,000ltrs cost USD 600 but since I have no such capital.I will start with the small ones for 50,ltrs which will cost me USD 80 and I will sell them at USD 140.of which I will reinvest the profit to have more tanks.with the small saving I have I will be adding them to this loan so I can at least get three or four tanks.thank you lenders
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Loan Info
Project Type
Classic Loan
Disbursed amount
$300.00
Date disbursed
Mar 23, 2016
Repayment status
Late
Projected term
71 months
Lenders
United States
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