Mobile Phone business seeking expansion

Chris Rumenda

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Chris Rumenda

Member since

December 2014

On-time repayments

32 installments  •  25%

About Me

The quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dog

My Business

The quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dogThe quick brown fox jumps over the lazy dog

Loan Proposal

I will use the loan to buy more phone covers. 11 dollars would be deducted to cater for my registration. The loan can buy 25 covers at a cost of 3 dollars each. This will increase my sales for the month. With the profit of 69 dollars. I would repay my loan interest and reinvest to increase my sales turnover.With increased sales and consequently profits i will be able to sustain myself and pay fees for my younger brother who is about to clear his campus. I will also be able to sustain my mum who took a lot of loans that she is still paying to take us through school.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.16

Date disbursed

Jan 26, 2015

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Lender interest: $100.16 at 8.03% annual rate over 7 months = $5.39

Service fee: $2.48

Lenders

investor

Candiac, Canada

AdamP

Sunnyvale, United States

DeanDropshot

Oslo, Norway

Zidisha

Sterling, United States

P

penguin3694

Chicago, United States

jan73

Eugene, United States

E

E

Marin county, United States

Evan Lamos

Brussels, Belgium

G

GanSatya

United States

B

BobHope

United States

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

J

jdelaporte

United States

E

enigmatic

United Kingdom

Cathy

Melbourne, Australia

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