Entrepreneur
Name
Collins
Member since
January 2015
On-time repayments
53 installments • 2%
About Me
Am Collins Matengo a third born child in a family of four: two boys and two girls, i have been hardworking since my childhood because i remember very very well my dad passed on when i was a little child, so had to be aggressive so as to be relevant in the current world. This made me start small business of selling paraffin which was very booming. The land where i come from is unique in the sense that it is near the lake and the drainage system is poor so it gets flooded when it rains a lot. Am married but i haven't gotten children yet but when God will bless with children i would want to give them the best education so that they may pursue courses of their heart desires. Am a footballer and i play football for my estate club to date.
My Business
Am a business man who sells paraffin to final consumers, paraffin is very useful and its demand is very high since it is an energy used for cooking and lighting, i choose paraffin because it is a fast moving good which has high demand, transport, rent, electricity, water, okay i use my proceeds for our siblings up keep and school fee, for home improvement since mum is is jobless.
Loan Proposal
I will increase my capital base , this will intern increase my profit margin hence our life style and the my business shall change drastically, i will endure that all our siblings school fees is paid in time. my profit margin will also increase by double digit since the business is high in demand
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 20, 2015
Repayment status
Late
Projected term
12 months
Lenders
Bangkok, Thailand
Arlington, United States
Doha, Qatar
Jake Gibson and Beverly Picardo
San Francisco, United States
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