New brand & advertising inventory for club business

Simon Karuru

Chuka, Kenya

Funds disbursed

$0 to go

100% funded of $250 goal

0

days left

Entrepreneur

Name

Simon Karuru

Member since

March 2016

On-time repayments

20 installments  •  0%

About Me

I am the last born in a family of four siblings, i grew up and got my education in my rural area called Kanjora in Muhoyas Location in Nyeri County. I attained 375 marks out of 500 in my KCPE exams and a B plain in my KCSE education. I have also finished my degree course in Computer Science and now am employed under a resident engineer in one of the KeRRA projects in Eastern Kenya, Tharaka nithi county.

My Business

After a previous owner mismanaged his club and was unable to pay rent for six months. this led him to be evicted and the premises with its facilities left to the plot owner. the owner now has transferred management and ownership to me. I have consolidated some money from other sources and have bought some stock. I hope the business grows so that i can improve service and add functionality for example wi-fi connection and gaming boxes

Loan Proposal

From previous engagements in my line of business, I have come to understand that adding selection to your stock means you get more people enjoying their preference. I apply for the above loan to introduce new products to my stock and hire printing services to take images and design fliers and posters advertising my business. This would increase sales and make my joint known widely
I apply for the above amount with confidence that the returns will be realized even before I start repaying

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$250.00

Date disbursed

Jul 9, 2016

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $10.30

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