Entrepreneur
Name
Kamau
Member since
February 2016
On-time repayments
124 installments • 22%
About Me
My life is full of happy childhood memories and also painfull moments that i can never forget. As a normal kenyan child,i used to play with friends both at home and the mixed public primary school where i schooled. At times we would go swimming and fishing in the nearby river and enjoy the beautiful sorrounding environment.
At times i would forget to do a certain house chore and this was hell with my mother's wrath. These are the painfull situations that i normaly could not take kindly as i so much feared the "cane."
After high school i got to work for at my uncle's textiles business and this is where i perfected my business skills. I love reading novels,hiking and spend alot of my free time on my blog.
My Business
During the day i operate my m-pesa and electronics business. Am also a professional freelance writer,blogger,English to Swahili translator,audio and video transcriptionist and affiliate marketer both of which i operate during my free time especially at night.
I chose this kind of business model as i am naturally into computers,the internet and also have a passion in writing and sharing ideas.
I plough back some of the profits i make into my businesses,also invest in researching new ideas relevant with the current market and the rest i use to improve my living stardands.
Loan Proposal
As a result of business growth,i intend to use the loan to add more phone batteries and earphones to my electronics business.Due to the growing demand of phone batteries,i intend to buy 40 phone batteries(nokia-which are common for many phones) at $2.5 each and sell at $3.5 each.Since i will make profit of $1 per every sale,it will boost my business as i will use the profit to add more fast moving goods like earphones thus growing my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Oct 9, 2016
Repayment status
Late
Projected term
22 months
Other loans
Lenders
Hong Kong
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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