Entrepreneur
Name
Isaac
Member since
November 2016
On-time repayments
194 installments • 69%
About Me
My name is Isaac Osam. I completed My Tertiary in 2008. Since then I decided to engage in trade myself. I deal in home appliances like home theater, fridges, microwave, electric iron, ironing board,charcoal iron,standing fans,Tvs ,home theatres etc. I have right from the onset enjoyed doing trade. That is buying and selling of home appliances. I am married with one child. My child is interested in becoming an engineer hence am working my heart out to fulfill that dream. I enjoy reading business books.
My Business
My income source will be from the Home Appliances Shop that i operate. These goods are in great demand in my area. people come from nearby village to purchase these goods. I chose these business because it was in demand after realising people travel for long journey just to purchase these items.the capital for these business is $6000. My profit I use in reinvestment in growing the business and sometimes to support other orphans.
Loan Proposal
I will use the loan to by home theaters @ $100, binatone iron @ $10, charcoal iron @ $7 , standing fan @ $40, blenders @ $100, water kettles @ $50 , bag set thus universal wheels @ $120, etc.This will reduce the traveling distance of people near and far of searching for these goods.
These will increase my profit from $55 to $75.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$112.00
Date disbursed
Jan 25, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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