Entrepreneur
Name
Samwel
Member since
August 2013
On-time repayments
371 installments • 64%
About Me
My name is Samuel Kiarie a resident in Nakuru. I am an owner of a small Video and Music store and internet cafe located just outside the university where am currently in.I started this business for my up-keep while at the university and partly to pay my daily expenses and needs.I take this business as my main job to cater for my daily expenses.
My Business
Am engaged in a personal business where I own a video and music store and internet cafe .My main customers are students who prefer me because of my close proximity to them and also because am always updated with the new videos and music.the main challenge that am experiencing is lack of fund to expand the business to the next level.
Loan Proposal
I intend to use the loan to expand the business and open another branch/shop.
I have already identified location to put up the new shop and already done market analysis.
From the analysis, the market looks promising.
I also intend to diversify the services offered by introducing new products/services ie (photocopying and printing services, gaming store /play station and photography services).
I intend to use the funds received as a top up to the capital /reserves I have accumulated through the years .
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$247.00
Date disbursed
Apr 27, 2019
Repayment status
Late
Projected term
23 months
Other loans
Lenders
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