Mwongeli
Machakos, Kenya
100% repaid
Name
Mwongeli
Member since
August 2017
On-time repayments
31 installments • 55%
my name is mwongeli kivanga .am the seventh born of nine,
my name means addition in our local language .i grew up in a culture of competition where education is valued both as major a transition of life and a tool of empowerment.
in ups and downs of the family bringing,my parents have managed to make me attain q diploma in cooperative management and from my own initiative i have q diploma in business management and q certificate in entrepreneurship.
i believed that these tools will sharpen my passion and career,i began my clothing business after school.
my business entails clothing,printing and photocopy services. i began the business with the savings i had accumulated while in school.The operation cost is $60 that is rent,transport,and internet supply .the net profit is $150-$200.depending on customer turn up since it's a growing business the profits are used to for keep up and ploughed back in form of stock.till a desired level of income is attained.
i will buy a new monitor for my computer which costs $134.this will help me expand my printing business since one computer has proved not to be enough.it wil also be a bnefit to my customers since they will not queue to be served because the computers will have increased in numbers.i expect to increase my profit by 30% since my customers will be served effectively giving them a reason to be loyal and recommend their friends to my business too.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$142.00
Date disbursed
Nov 1, 2017
Repayment status
On Time
Projected term
2 months
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