Charity
Nairobi , Kenya
$0 to go
100% funded of $13 goal
0
days left
Name
Charity
Member since
September 2018
On-time repayments
3 installments • 67%
My early childhood lifestyle was a tough one. I was born and raised in a slum. We our daily budget was bellow a dollar daily of which sometimes It wasn't available. I managed to attend school and finished. I start my business with very little money after doing some manual labor for people, the payment I got. That is was I used as my starting capital. It was about 60 dollars. Now the business has grown several times and it is generating good revenue. I reinvest part of this profit about 70%(1000 dollars) . I use the rest pay my bills and help my parents.
I sell chips/French fries. I I get potatoes from farmers directly. The main source of capital for reinvestment I get it from the revenues that the business generates. That is 70% of the profit.
I will use this loan to buy more Irish potatoes which will cost about 200 dollars. Having enough potatoes will enable me serve my customers with a lot of easy.
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$13.00
Date disbursed
Sep 26, 2018
Repayment status
Late
Projected term
1 week
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