Name
Barnabas
Member since
June 2017
On-time repayments
69 installments • 23%
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
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
the loan will be used to buy more talktime, chargers and batteries at $30
the benefit will include business expansion,increased profits
and source of income
the profits will double
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$47.00
Date disbursed
Jun 30, 2017
Repayment status
On Time
Projected term
5 weeks
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