Entrepreneur
Name
Martin
Member since
January 2017
On-time repayments
154 installments • 53%
About Me
Am a young business man aged thirty one year's. Was born and brought up in a humble christian family in Kenya in a family of three.Raised up well by a single mother. Went to primary and secondary school after which I started engaging myself in business after it became hard to continue with my education due to financial situation.
My Business
I started with farming at home before leaving home to town(Naivasha) for business.
I started as an employee but employed myself after a year of employment. I started a small kiosk which I transformed into a general shop consisting of foodstuffs, gas refill and bank agencies. I later opened another small shop of cosmetics, mpesa and bank agencies. I also do farming as part of my source of income earn
Loan Proposal
If My loan get approved, I will spend the money by buying new stock to add to the already stock in my shop. The new stock I want to add are home utensils. plates of around 100 dollars, cups of around 60 dollars, spoons of around 20 dollars, hot pots and thermos of around 50 dollars. This stock of 130 dollars which is equivalent to around kshs 23000 will help me to make extra profit from the running business that I already have. I choose this New stock because they can't expire unlike food stuffs which expires very fast. There is also high demand of this type of items and the supply seems to be low than demand giving me an opportunity to fill the gap and take the opportunity before others start investing in this business.
About Me
Am a young business man aged thirty one year's. Was born and brought up in a humble christian family in Kenya in a family of three.Raised up well by a single mother. Went to primary and secondary school after which I started engaging myself in business after it became hard to continue with my education due to financial situation.
My Business
I started with farming at home before leaving home to town(Naivasha) for business.
I started as an employee but employed myself after a year of employment. I started a small kiosk which I transformed into a general shop consisting of foodstuffs, gas refill and bank agencies. I later opened another small shop of cosmetics, mpesa and bank agencies. I also do farming as part of my source of income earn
Loan Proposal
If My loan get approved, I will spend the money by buying new stock to add to the already stock in my shop. The new stock I want to add are home utensils. plates of around 100 dollars, cups of around 60 dollars, spoons of around 20 dollars, hot pots and thermos of around 50 dollars. This stock of 130 dollars which is equivalent to around kshs 23000 will help me to make extra profit from the running business that I already have. I choose this New stock because they can't expire unlike food stuffs which expires very fast. There is also high demand of this type of items and the supply seems to be low than demand giving me an opportunity to fill the gap and take the opportunity before others start investing in this business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$221.00
Date disbursed
Apr 10, 2018
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
Guildford, United Kingdom
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