Name
Christine
Member since
July 2017
On-time repayments
13 installments • 46%
About Me
i am in a family of four, i am an IT proffesional having a business at Buxton town in mombasa county where i run a cyber and an mpesa agent .I have two printers for printing, scanning and photocopying purposes. i started my business as a way of upgrading my economic status. i would like to increase my mpesa float and add more accessories to my business for example stationeries, I also sell cosmetics and hair pieces.
i do get a profit of 20,000 in a month after all the expenses are cartered for like rent, stock, electricity and small income too. the major risk is mainly power surges that mostly interfere with my machines spoiling backups. my business offers customers with fast and reliable services such as printing, I also have the latest softwares needed by my clients hence income is fast.my business if well stocked can pay the loan.
Loan Proposal
this loan will help me expand my business with stock that is normally used on a daily basis. the amount of money will enable me buy this items and will ensure that loan is repaid well in advance. With the customer number increasing, wish that will catch a good number that will enable my business grow by availing the items they need in advance.
I will use the Loan to increase stock in my shop for example envelopes and hair pieces which are very fast moving commodities. then i will be keeping the profit so that i will use it to replenish the commodities if they get finished.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$13.00
Date disbursed
Nov 10, 2017
Repayment status
On Time
Projected term
7 weeks
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