Phone batteries and covers

Nathan

Bungoma, Kenya

100% repaid

Entrepreneur

Name

Nathan

Member since

October 2017

On-time repayments

12 installments  •  67%

About Me

Am Nathan Wanjala Ndege, I was born on 23rd of October 1987 as the fourth born in our family. I started my primary education in the year 1993 in nursery because by then we had no preunit, middle and top. I did my KCPE in the year 2001 and joined a high school in the year 2002. My high school education was too hard as I was being forced to walk for a bout 5km daily going to school. By the grace of God I was able to finish my form four education in the year 2006. There after life became too hard but through my hard work I became a hawker and because I was patient I managed to save slowly by slow that saw my life starting to change.

My Business

After form four, I started selling groundnuts and eggs in pubs, the small profit that I was getting I started a saving account since I had a dream of running a very big shop and also becoming one of the prominent business people in the country. After a year I was able to raise 20,000 through just savings, I started a small shop that was most selling phone accessories and slowly by slowly now I have an electronic shop that I run.

Loan Proposal

I will use my loan to buy phone batteries and cover. one battery costs 2 Us dollars and I sale at 3 us dollars and one cover costs 1 us dollar and I sale at 2 Us dollars and am targeting to buy 6 batteries and 10 covers where I expect to be making a profit of 16 us dollars. is will help me take care of the family, expand business and pay the loan on time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$26.00

Date disbursed

Mar 27, 2018

Repayment status

On Time

Projected term

4 weeks

Lenders

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