Purchase for cycle marts

Mark

Nambale, Kenya

100% repaid

Entrepreneur

Name

Mark

Member since

November 2017

On-time repayments

21 installments  •  57%

About Me

Am Mark ndubi a kenyan. i studied at nambale primary and later joined lugulu a.c secondary school.i managed to overcome my hardships life through guidance and counseling from my friends and parents, reading motivational stories. i started business from my own savings by selling bicycle spareparts as a hawker then i openea smal shop. i like readind and writting.

My Business

i sell bicycle and motorcycle spareparts, They are in demand due to the fact that most people in our area use bicycle as a means of transport hence need for the spareparts. my typical cost and revenue amount to ksh30,000.i use profit to increase the stock and sustain myself financially.

Loan Proposal

i will use the loan to add a stoke of cycle marts to my bussiness this will cost ksh.500.
this will yield to a benefit of strong relationship with customers, it will raise my bussiness to the next level. it will also help me to sustain my family including siblings, moreover it will make my tranportation of goog easier. i expect my bussiness to increase by 5% that is like ksh.300 a day. also my savings will increase to a certain level.
this will help me improve on my farming plans which are in progrcess.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Nov 30, 2017

Repayment status

On Time

Projected term

3 weeks

Lenders

Angelos

Nicosia, Cyprus

HH

Helen Horseman

United Kingdom

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