Pay rent for my business stall

Donald

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Donald

Member since

August 2020

On-time repayments

48 installments  •  42%

About Me

Born in a polygamous family, I am the second born to my mom. Mom being unemployed and entirely dependent on peasantry we could hardly make ends meet. I am thankful that this life did not end my dreams but refined my approach, that through the small entrepreneurial adventures from my childhood through to this day I have been able to beat odds.

My Business

My business is an executive salon in the heart of Rongai area which I have done for more than 4 years. I have also secured space in the neighborhood where I opened a Kinyozi which is now picking and I intend to make it high end as the market is generally made of the working class, and I believe with time this will increase revenue and better my life.

Loan Proposal

Once I get the loan I will use it to pay rent for my business stall. This will ensure I run my business smoothly without clashing with the landlady, and also ensure that there occurs no business interruption

Income Source

Considering my weekly revenue from the business I am sure I will be able to raise enough money to repay the loan. I am also very much engaged in risk assessment and always taking precaution to safely navigate adverse business environment

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$26.00

Date disbursed

Feb 28, 2021

Repayment status

On Time

Projected term

1 week

Lenders

L

Liam

New Zealand

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