Pay suppliers to increase inventory

James

Nairobi, Kenya

100% repaid

Entrepreneur

Name

James

Member since

October 2018

On-time repayments

35 installments  •  31%

About Me

I am a 32 years old Kenyan businessman running a corporate car hire business serving leading insurance and telecom companies.

My Business

My business turns around UDS6,000 a month and returns between 30-40% in margins.

Loan Proposal

Pay suppliers to increase inventory

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Jan 9, 2019

Repayment status

On Time

Projected term

1 week

Lenders

MarktheMormon

Sandy, Utah, United States

B

bea

Australia

KO

Kenneth Oram

Warrington, United Kingdom

Cambium Foundation

Kirkland, United States

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  • James    Jan 12, 2023

    Thanks another for the funds, this will go a long way in boosting my business growth and ensure that those in my community that depends on me are well taken care of.

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  • James    Jan 12, 2023

    This will help to lease additional cars which in turn I will rent out to my clients for a profit. The demand is high I need to grow the business

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  • James    Jan 3, 2023

    The funds will be used to hire a car for the business and lease the same to other clients for a profit. Business growth

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  • James    Dec 19, 2022

    Business expansion and growth of my car hire business. Added more cars to the fleet. The clients like the new cars. The demand is high because its pick season

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  • James    Oct 9, 2022

    I was able to add stock to my business. I sold the increased sick and was able to make additional profit. I want to add more stock this time round to keep the momentum of the business growth. The Kenyan economy is picking up after the elections slow down that we had experienced

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  • James    Dec 18, 2018

    I used the loan to pay my suppliers timetable me increase stock. My business is growing!

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  • James    Nov 22, 2018

    Thanks team,your loans have been of great help to the growth of my business. I will appreciate an increase on my loan limits. Thank you.

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  • James    Nov 11, 2018

    I used the loan for communication expenses to keep in touch with my clients.

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