Laundry machine for my laundry business

Eric

Nyeri, Kenya

Funds disbursed

$0 to go

100% funded of $150 goal

days left

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How it Works

Entrepreneur

Name

Eric

Member since

November 2015

On-time repayments

16 installments • 0%

About Me

I'm a 20 year old young man,I grew up in a family of five raised by a single mom since my dad passed away when I was only 10.went to a public primary school,public secondary school and now I'm in a public university undertaking a degree in bachelor of science in project planning and management.it isn't easy for my mom to raise five kids so I thought of how I could help her out and I came up with LAUNDRY SERVICES here at the university.for free time I love travelling reading and watching mostly documentaries.

My Business

My business is all about laundry,I wash clothes using a washing machine for my fellow comrades in the university.the business has been running for the past 6 months and it pays my bills,since it caters for the students in the institution since most of them are too busy to do there own laundry.i would wish to expand the business by attaining another machine which will increase the profits,since one machine caters only for a view number of students..take my business into consideration

Loan Proposal

Once i attain the loan i will purchase a new washing machine for my business in order to cater for all the customers in the university.this will greatly maje my business grow and help me and my family.the machine will approximately cost me 50$hereby increasing my profit twice that is 700KES in a day.