Loan to pay my business house rent

Mogire

Nandihills, Kenya

100% repaid

Entrepreneur

Name

Mogire

Member since

March 2017

On-time repayments

33 installments  •  70%

About Me

I was brought up in a rough neighborhood where I struggled to go through school but in the long run I managed to finish elementary education. Am a father of three children who I support fully and support there education through my hard work. I do farming in my own farm. I finished school upto O levels.
I managed to raise funds from my farm to start a barber Shop commonly known as Kinyozi where I shave locals in my neighborhood.

My Business

I usually get earnings from tea farming and a kinyozi I own at the shopping centre. My kinyozi earns me 200USD per month. I have employed one barber who assists me in the shop. This Barber Shop I managed to start it with savings from my farm earnings mainly tea that we earn bonuses at the end of the year.
I manage to take care of my family from this side hustle. My main expenses are the business house rent and power bills.
I intend to expand this business to engage axtra two assistants that help in the shop with the more customers am getting.

Loan Proposal

I am requesting for funds to help me in paying my business house rent for the month of October 2017. My house Rent is USD 80, I intend to get funds to boost my savings in-order to pay. Paying my house rent in time will help me to focus on other business issues and avoid the disturbance that comes from the landlord asking for his money. with this I will be able to focus in serving my customers better and proving quality service. I will be able to increase my turnover and be able to provide tfor my family better and improve their standard of living. My business will hopefully improve by approximately 30%.
Thank you lenders as I look forward to your support and may God Bless you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$34.00

Date disbursed

Sep 26, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

PG

Paul Graham

United States

Ask Mogire a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...