Entrepreneur
Name
Barnabas
Member since
June 2017
On-time repayments
69 installments • 23%
About Me
my names are Kala Barnabas i was born on 15th june of 1987 am a 4th born in a family of 6.
i started school in 1994 and completed in 2007 during my school tenure i loved to study business books as i was taking accounts
my parents could not afford to pay for my school fees i sat 2 years without going to school but i managed to do some piece works, raised enough funds and got baqck to school and completed
i started my business when i could not find employment in 2008
the land is unique because its blessed with a lot of natural resources
i want my children to become successful business people and create employment for others
i like reading business books
My Business
i provide my customers with phone chargers, faces and screen protectors bluetooth devices car chargers talk time and phone batteries
these goods are useful because they are used on a daily
Almost everyone has access to a mobile phone and uses air time to communicate hence i chose this kind of services because they are on demand
the typical costs are transport the revenue comes from the daily sales that I make. The profits are then used to reinvest in business expansion and pay the local council for land rates
to reinvest in business
Loan Proposal
The loan will be used to buy mobile phone accessories such as phone chargers phone batteries phone faces phone covers screen protectors such as glass protector,plastic protector,headsets Bluetooth devices.$275 will be the cost of all this material. I plan to employ one sales lady who will be helping to sale the products as i cannot attend to many people at once because am expanding my business. The benefits it will create to me is my business will expand my profits will double. To others I will employ one sales lady who will be paid on a monthly basis. Once I do all this I expect my profit to be 100%.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$274.00
Date disbursed
Dec 13, 2017
Repayment status
Late
Projected term
12 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
United States
Germany
United Kingdom
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