Entrepreneur
Name
Michael
Member since
August 2017
On-time repayments
70 installments • 70%
About Me
I am young entrepreneur building an online bargain retail business. This started as a way to make ends meet in university but has growth to become a source of income beyond school.
My Business
The business is called Below 1000 as it sells items below ksh 1000. This is an attainable price for the majority of the population despite low incomes. I source quality affordable items and sell them.
Loan Proposal
I want to use the money to buy the bags at wholesale prices to reduce my costs drastically and enable my profitability to increase. Right now I am buying them at a price very close to retail price and the margins are barely livable
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Loan Info
Project Type
Classic Loan
Disbursed amount
$16.00
Date disbursed
Sep 19, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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