Loan to hire an employee and purchase materials for my tailoring business
Johnson Mwangi
Naivasha ,kabatini, Kenya
100% repaid
Entrepreneur
Name
Johnson Mwangi
Member since
May 2012
On-time repayments
218 installments • 78%
About Me
am a husband of one wife and father to 6 children two of them are grownup and 4 are schooling i live in plot no 690 in kabatini about 72 kilometer from nairobi town where i have a tailoring shop and from safaricom house in naivasha town is about 300 meter to where i have my shop, from my shop to the junction nairobi , naivasha is 1 kilometer.
My Business
my business entail in tailoring cloth and repairing cloth. am an expert in men wear and women wear. my business is marketable and the demand of my service is high in this area. i choose this kind of business because its profitable since my school going children are in need of uniforms and their parents need clothing too.i use more money on buying materials for my job and my daily experiences with my family approximately Kshs 500/= a day. i use my profit with stocking more items at my work place, feeding my family and saving.
Loan Proposal
i will buy materials for my job and pay school fees for my children. the remaining amount i will add more workforce hence i will need some else to help me since the demand is too high that i cannot meet it on my own.
Feedback
Positive
13
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$642.00
Date disbursed
Feb 15, 2016
Repayment status
On Time
Projected term
10 months
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