Entrepreneur
Name
Richard
Member since
August 2018
On-time repayments
1 installment • 100%
About Me
I am a newspaper vendor planning to be a distributor soon. I do part time business with a Chinese company called Tianshi. . Before that I use to sell clothes and shoes. The biggest challenge in my business is lack of transportation . I spend a lot on transport, $8 a day. If i had my own car i could save a lot. My dream is one day to be a regional distributer for all the leading dailies in Kenya
My Business
My business involves Hawking local Dailies every morning along busy highways in Kenya. Newspapers are still very popular source of indepth news o the middleclass in Kenya.
Costs mainly include include transport and hawking license.
I use my profits to sustain my family and save the rest to expand my business
Loan Proposal
I will use this loan to invest in 200 copies which cost $100 . I will add $10 from my business. I hope to be able to change my and my family's life by investing more in my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1.00
Date disbursed
Aug 11, 2018
Repayment status
On Time
Projected term
1 week
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