Purchase of health products for my clients

Aggrey

Nakuru, Kenya

35% repaid

Entrepreneur

Name

Aggrey

Member since

August 2013

On-time repayments

266 installments  •  17%

About Me

l am a retired teacher with over 30 years proven experience and presently helping orphaned children in Mission in Action Organization.
l went to school up to form six level then joined Teachers college.l have passion for children and that is why l am with the orphans.
Businesswise l am engaged in Network Marketing currently on part time basis.l have been in this field for the last seven years.l am an Independent Distributor with TIENS International Health Products Company.l used to run a shop for teh products but closed it up temporarily after the assistants l had mismanaged the finances.
l intend to reopen it once my finances improve.

My Business

My main income source is Network Marketing.l am an Independent Health Supplements Distributor of TIENS International Health Products.
l have a network team of over 350 distributors(Downlines) in my network.l earn an average of $1200 a month as bonus.
TIENS products are in high demand due to their efficacy in containing chronic life style diseases.There are other distributors in supplements from other companies who are my competitors but most people prefer TIENS products because they are very effective in containing Chronic life style diseases.
the business is profitable because there are no overheads.you carry out the business anywhere any time either on line or through telephone calls as well as one on one.
The other aspect is you earn twise,from the sales profit and bonus from your Network team..The risks are negligible.ln a month l spend about$200 on transport,lnternet and telephone calls.l make a profit of $450 a month.l therefore make a net profit of $250 a month.

Loan Proposal

l plan to use the loan as follows;
1) Order Detoxifiers for $100
2) Order Nourishers for $50
3) Order Immune boosters for $100
Total $250
This will be in addition to the existing stock l am operating with worth $500 and which is earning me $450 a month.
Within the next six months l plan to increase my stock to $1000 worth of products.l will be able to employ three assistants,one of whom will be my daughter who completed her form four grade last year.l will help reduce an employment which is a big problem in our country.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$247.00

Date disbursed

Jun 28, 2014

Repayment status

Late

Projected term

60 months

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