Kasneb exam fee for CPA final exam

Fredrick

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Fredrick

Member since

January 2016

On-time repayments

183 installments  •  65%

About Me

I was raised by my grandmother from a humble background after the death of my mum who passed away when I was eight years old. I passed through hardship but I was successful to get education which provided me with enough knowledge and skills to be an entrepreneur. I have been idenfying numerous business ideas and opportunities but have never been able to implement the idea due to Lack of funds. Out of my ideas, I decided to pick on wines and spirit business which is a very profitable business in our country.

My Business

As you may know, in our country about 60% in every area drinks regularly while about 40% drinks daily spending an average of kes 150 daily per person according to the recent research carried out by NACADA. The demand for wines and spirit has been so high in my shop that most of the time I usually run out of stock because I have been stocking insufficient stock due to lack of enough stock. I would like to add a stock of kes 150, 000 to cater for the high demand. This will ensure that I retain more customers and my sales volume will be high hence more profit. As a result, I will be able to repay all the loan on time

Loan Proposal

I will use the loan to pay for my KASNEB exams fee only. The amount for the exam is approximately $180 but I am currently able to raise only $40. This will enable me to be booked for the exams in time and as a result, I will be able to complete my CPA final by June this year.
As you may know, spending time and money on higher levels of education is likely to pay off - both in monetary terms and beyond. The evidence is clear that some form of post secondary education is a necessary element of successful, independent lives for most people in today's economy.
Others may benefit from this in that, I may start my own business using the knowledge and skills acquired and employ them in my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Feb 23, 2016

Repayment status

On Time

Projected term

3 months

Lenders

PG

Paul Graham

United States

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