Loan to increase inventory for my shop
Justus Auka
Kisii, Kenya
100% repaid
Entrepreneur
Name
Justus Auka
Member since
January 2015
On-time repayments
409 installments • 99%
About Me
Hi, I am Justus Auka, a young hardworking gentleman who has continued to excel in his education. As a pupil in my lower levels, my efforts in classwork were recognized when i was given a chance to sit for my first national examinations while in class seven (that is one year below the normal examination entry) instead of class eight. It is was not a surprise that i emerged the top student in the school and proceed to the high school level having spend seven years in lower primary instead of eight years. After high school i proceeded to high school and later to university where i am undertaking my last semester in a bachelor of commerce ( accounting) profession.
My Business
I am a professional writer ( dealing with articles and essays but i am also learning on transcription). I also do farming at home whereby i grow sugarcane for commercial purposes. I started professional writing in 2013 and and achieved a lot from it; both academically and financially. It is the writing profession that pays my bills and boosts my living standards. I look forward towards another freelance avenue whereby i will be exchanging dollars for my local currency (Kenyan shilling)- We call it pay-pal to mpesa business. I also want to expand my retail shop business.
Loan Proposal
I will use the loan to increase inventory for my shop. Through this, I expect to increase my income and grow even further in future.
Income Source
My shop business is not badly affected by Corona because in mostly deals with basic news and I expect to things to become normal very soon.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$2,654.66
Date disbursed
Nov 2, 2020
Repayment status
On Time
Projected term
12 months
Cost to entrepreneur
Service fee: $221.39
Credit risk payment:
$110.69
Optional expediting fee:
$221.39
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