Name
Julius
Member since
October 2016
On-time repayments
53 installments • 40%
I was born in Kakamega county near Majengo sub county and went to Ikuma primary school and later progressed to Chango high school.
I was born in a poor family being the last born of seven members
My dad was a peasant farmer and my mother was a house help.
It became difficult for me to get school fees which i later managed to through the hard way .Being send home for school fee most of my time.
I began my own business after saving for about three years and had little capital
The uniqueness in my village is that e have less educated families but business oriented
My children wants to be business men and teachers
I like traveling and socializing
I run a bookshop sale reading books ,novel and school stationery.
Book shop is very useful to student and books are in high demand especially the pens and exercise books
I choose this kind of business because its unique and less people operate it in our village
my revenue its from selling stationary and the cost are those of buying the stationary and paying rent.
I use my profits to pay school fees and re invest
ill buy more books and pens since students are reporting back to school for about 10dollars
ill pay my employees about 5 dollars
my profit margin will be higher and help me employ more staff to my business.
my profit margin will go up to at least 50%
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$32.00
Date disbursed
Jan 11, 2017
Repayment status
On Time
Projected term
3 months
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