Kennedy
Nairobi, Kenya
100% repaid
Name
Kennedy
Member since
January 2018
On-time repayments
7 installments • 0%
My early childhood, I lived with my parents as I was attending my primary education. I almost missed my secondary education due to lack of school fees until when I got someone who sponsored my secondary education. After my Secondary education I did a Diploma course in Aeronautical Engineering. Later on I had passion in Insurance and started working as a financial advisor in an Insurance company.As I was working as an insurance sales person. I managed to do a course from college of Insurance ,Certificate of Proficiency in Insurance. With the certificate ,I am authorized to start an insurance agency,which I need financial support to help me grow the business. In Kenya, insurance penetration is at only 4% thus a big insurance gap .This is due African culture ,traditional means of insurance. I don't have children yet.My hobbies are swimming and playing football.
I run an insurance agency,Iplus Insurance Agency. At Iplus we are starting an insurance show to teach our members about insurance and increase its consumption. There is need for insurance marketing since very little population understands insurance yet Insurance has much benefit for better living standards. We pay rent ,utility bills,transport and airtime for reaching clients. With regards to this insurance show,I hire cameras and media equipments. We get revenue from commissions on products bought through our agency.
The profits is reinvested in the firm ,buying working equipments and paying other partners and myself for my personal use at an agreed percentage.
This amount will be used to pay for logistics including lunch and transport for shooting insurance plus show .$20
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Jan 14, 2018
Repayment status
On Time
Projected term
3 weeks
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