Name
Enock
Member since
April 2016
On-time repayments
24 installments • 54%
I am the fist born in the family of five in nyakeboro village Kisii County.despite my family being surrounded by poverty i complete my education in the year 2005 at form four level and attained a grade c but since my parent were not able you support me continue to join college .I then decided to come to the city of Nairobi in search of employment and found one in a security firm where I was earning 100 dollars per month. With this salary I used to pay family bills and the rest I saved .my hobbies singing and reading.
With the savings I started a business of a grocery selling fruits and vegetables in my locality. I started this business because of the high demand of the fruits and vegetables in the city residents .I sale fruits such as mangoes, apple, lemons, oranges and vegetables such as sukuma week, cabbages manogu ,spinach etc. my revenue from my business estimates to 200 dollars per month with seven dollars profit per month. I use my profit to pay my bills, reinvest and the rest make savings.
I will use the money this time to stock a watermelon for my customers have been demanding it.actually I will use all amount for only stocking watermelons.for other stocks I will use the previous profit I have made to increase each stock. then what am planning in future am going to start farming b but since I don't have enough stock, I will wait until when my loan limit is grown.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Mar 22, 2017
Repayment status
On Time
Projected term
5 weeks
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