Purchase of fast moving stock for resale

Ibrahim Musyimi

Nairobi,komarocks Estate, Kenya

100% repaid

Entrepreneur

Name

Ibrahim Musyimi

Member since

June 2018

On-time repayments

5 installments  •  100%

About Me

Am 52,self employed and a family man.i also do subsistence farming for grains and a few mango and pawpaw plants for consumption by the children..am a paramedic by proffession operating a small drug store cum routine medical clinic.my family is in the countryside but am.in the city and whatever I get is for my wife and children,3 daughters and a son.the eldest is 14 and the youngest,the son is 21 months old

My Business

Am the sole owner of a small health facility comprising a chemistry and a nursing wing.I deal in selling drugs fro health purposes as well as offering medical consultation and care.the business is set within a gated community and am mostly on call to them..am called to offer the medical services in their homes,it's open from 9.00am to 12.00am and operates everyday of the week and month.But I normally get a day or 2 off per month to check on the my country homestead where my heart is.I've been earning enough from this venture to support a marginally comfortable lifestyle and out the children through school.

Loan Proposal

with the loan..I intend to purchase only the fast moving goods for my pharmaceutical drug store.This will ensure that the purchased items are able to be resold within or less than a period not exceeding one week(7 days).should the purchased stock move before the seven days are over,I will keep the profit and refund/repay the loan advanced and propose another of a higher value /amount..this will enable me to progress up the loan limit ladder .

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$10.85

Date disbursed

Oct 17, 2018

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $0.00

Lenders

Fred

Germany

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