New wire stock for my business

Mark

Nambale, Kenya

100% repaid

Entrepreneur

Name

Mark

Member since

November 2017

On-time repayments

21 installments  •  57%

About Me

Am Mark ndubi a kenyan. i studied at nambale primary and later joined lugulu a.c secondary school.i managed to overcome my hardships life through guidance and counseling from my friends and parents, reading motivational stories. i started business from my own savings by selling bicycle spareparts as a hawker then i openea smal shop. i like readind and writting.

My Business

i sell bicycle and motorcycle spareparts, They are in demand due to the fact that most people in our area use bicycle as a means of transport hence need for the spareparts. my typical cost and revenue amount to ksh30,000.i use profit to increase the stock and sustain myself financially.

Loan Proposal

This loan Will help me buy another stock for the bicycle wires, which amount to ksh.500. This Will make it easy for me since i have manu Customers who repair bicycle around my place to easly access and also it Will be beneficial to me because it Will enable my bussiness expand. I expect to have a good increament in profit if about 20%. Which is like ksh.1000 .

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Loan Info

Project Type

Classic Loan

Disbursed amount

$3.00

Date disbursed

Nov 21, 2017

Repayment status

On Time

Projected term

3 weeks

Lenders

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