Loan expendiure breakup

Charles

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Charles

Member since

March 2018

On-time repayments

33 installments  •  0%

About Me

I'm Charles from kisumu,kenya.a diploma in ICT graduate. I run a Cyber Cafe and trade in stocks and commodities.

My Business

I earn about 5000 ksh in a week through Professional trading in currency pairs.

Loan Proposal

Given the loan of ksh 120000,,I intend to increase my stock and expand my hotel premises to accommodate more customers.i intend to buy cooking oil worth ksh.1500 to carry me through one month,I will by a modern cooking jiko that saves charcoal so as to reduce my cost of expenditure in charcoal ,I intend to expand my business premises at a cost of ksh,15000,I intend to buy a new refrigerator to keep my stock fresh and to maintain drinks at favourable temp @ksh.50000.I will also pipe clean water to my business @ a cost of ksh.10000.lastly I intend put up chicken rearing at a cost of ksh.70000 to help me with a constant supply of white meat and sell the rest to other customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Apr 5, 2018

Repayment status

On Time

Projected term

5 months

Lenders

CN

Craig Newmark

United States

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