Entrepreneur
Name
Jeffery
Member since
January 2018
On-time repayments
26 installments • 54%
About Me
I started my childhood education at Joy Standard school. During my education at a point in time, things were not that going on well for my family so i had to do something to support my family. there was not option than to find something to do as i was a boy and there was financial problem. there was friend of my father who use to install the T.V dishes for people for money. I was initially assisting him as an apprentice. i did this for some time and later mastered and starting to install that of other by myself. After my SHS education and money was still a problem, i decided to concentrate fully on this job and has been doing that since. the unique thing on my land is the people in are hospitable to strangers and foreigners and also the land is full of natural resources. I am not yet having children but wish for the best for my children incase i should. My hobby is playing and watching of football.
My Business
I go to people who purchase these dishes and help them to install them in the houses.
it is useful as people enjoy the various channels of these dishes and due to this alot of people has interest in it since the normal countries channels are not many and do not telecast any good programs.
The typical cost of revenue of this now is about 10% as i wish for increase with time as my business progress. I will use the profit gain from this to reinvest in my business to earn more profit.
Loan Proposal
When I am granted this loan, I will purchase more T.V dishes to my shop to sell to gain profit. Also I will buy more screwing tools to work with anytime a customer needs his dish to be fixed. This will help me gain more profit and as well expand my business.
I expect my profit margin to increase by 20%.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$113.00
Date disbursed
Mar 7, 2018
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
Hong Kong
Germany
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