Name
Gift
Member since
July 2016
On-time repayments
69 installments • 86%
I am 37 old kenyan from busia county,Samia sub county,Nanguba location,Bujwanga sub location,Budenge village. I am a third born in a seven children family.I went to Namasali primary school. St Paul's Amukura high school, and then Makerere university where i studied Mass communication.I am currently working as afield officer at Innovations for poverty action as afield officer.due to life challanges i decided to start a retail shop to increase my income.
i run a retail shop just next to where i stay. it is doing well,thanks to the availability of customers.i sell mainly foodstuff including bread,sugar,milk,salt and other foodstuffs .in a month i get revenue of 3000 dollars and a profit 500 dollars.i really love my shop and sometimes when i am free i spend sometime serving my customers.most of the time my business is attended to by my spouse and i feel this gives her employment something that is very rare to find in my locality.
I plan to use the loan to increase my business stock.I will 4 cartons of milk each having 12 pkts.Each carton will cost3.5 dollars. I will resale each cartons at 7 dollars.This will be double profit of 3.5 dollars.At this rate I will be making a profit of 14 dollars per week.I will use this profit to plough back into business and my inventory will greatly increase hence maintain more customers
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$13.00
Date disbursed
Jun 20, 2018
Repayment status
On Time
Projected term
3 weeks
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