Buy pool table for my growing pool table business

Festus

Iten, Kenya

61% repaid

Entrepreneur

Name

Festus

Member since

December 2014

On-time repayments

205 installments  •  13%

About Me

Am the fifth born of a family of ten members.in our family everyone needs a place in order to sustain himself or herself. I went to cheligot primary in elgeyo marakwet county where I did my primary certificate and passed with flying colors, I proceeded to secondary but due lack of fees I did not per sure my university education thus i ventured in to pool playing business. I like socialization with other people in order to gain more ideas concerning

My Business

at the moment i provide pool playing activities as a form of leisure activities and this services are in demand due to the fact that people want to relieve themselves from stressful daily activities.i choose this kind of business since it connects people from different backgrounds thus fostering unity among the residents of my place.a lot of money is being used in the daily maintenance of the pool table and more so in paying the human workforce.the income generated from the business is used to expand the business and more improve the services to ensure customer satisfaction. the remaining profit i help in paying of our last born fees who is in standard 7. the business is able to put food on my table and that is why i love and enjoy doing it. it has made me to know many people and bring more people close

Loan Proposal

i am grateful for the first loan you gave me for now i would love to buy one more pool table people are becoming more and my business is really picking .i have been be able to pay for my brother is school fees and also get profit which have saved and if my loan will be processed will add up and buy a brand new pool table
the price for new table is $500 and it will increase my profit by double from $10 a day to about $15 a day

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$327.00

Date disbursed

Apr 9, 2015

Repayment status

Late

Projected term

45 months

Other loans

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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