Name
Richard
Member since
November 2016
On-time repayments
30 installments • 77%
i was born in machakos county kangundo district
I went to kangundo primary school and later proceeded to kangundo high school
i was raised by poor parents and was difficult for me to continue to my school which led me to drop out of school and work at nearby hotel .
since i had experience in catering services i started my own hotel and i had passion in catering industry
the uniqueness of our place is that it has more customers and willing clients
my children want to be bu8siness people and a teacher
i like adventuring and traveling as well and reading
i provide catering services
the services are high in demand since i have potential customers
i choose this kind of business because i have passion in catering
my cost are those of buying raw materials and more tables and chairs
ill use my profits topay for school fees and re invest the remaining in my business
ill buy table 5 dollars
ill buy chairs worth 5 dollars
ill use about 3 dollars to pay rent
the fund will help me increase my profit margin to higher percentage
i expect my profit to increase by sixty percent
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Nov 18, 2016
Repayment status
On Time
Projected term
2 months
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