Loan to purchase fabrics for tents drappery

Peter

Nakuru,kaptembwo Village, Kenya

9% repaid

Follow Peter

How it Works

Entrepreneur

Name

Peter

Member since

April 2015

On-time repayments

19 installments • 5%

About Me

I am peter Arusei, was born in 1986 in Nakuru county, I am single at the moment, I schooled at Muslim Primary school and I was able to perform well and after my class 8 in the same school, I joined Nakuru west secondary school and I was able to finish in the same school which is within Nakuru county.
I was born in the family of three girls and four boys, we are all living in the same geographical area and some of them are business people and some are stil schooling.

My Business

My business is about EVENTS ORGANIZING and I organize events such as weddings,cooperates, personal like birthdays and engagements and also supply of tents and chairs to different customers within Nakuru and without.
i do this business because most of people they have issues when it comes to planning and others they might want things to use just for that day and this will not be good for them to purchase them so they prefer to hire them.
each event we organize it cost us $350 roughly also depending on the client and in return we charge like USD 750 in one event of which per month we can get like 4 of them of which it gives us about $600 to $850 profit also depending on the season.
the profit I get, I add to my business and some I support my parents and sibling where necessary. i am hoping that this will give me another boost since we are entering into a good season.

Loan Proposal

upon given this loan i am planning to to purchase Fabrics which costs $60 one peace and i am hoping to purchase like 2 of them to be able to meet the needs available. the benefit of purchasing the fabric is that i will not hire from anyone and it will be additional to my business. from the purchase i am hoping to get the profit from this fabric about $40 every time its hired and this will truly increase trust from my clients because all the needs will be have met. 'Hope this loan will be granted to me. thanks to you all.