Purchase of inventory materials

John

Kikuyu, Kenya

100% repaid

Entrepreneur

Name

John

Member since

January 2014

On-time repayments

20 installments  •  20%

About Me

Am self employed seeking for funds to improve our business. We deal in export of fishing related items and we are seeking to get a loan to boost our fishing flies supply. We shall ensure we pay on time all our loan.

My Business

My Fly Business is my source of income and its where the proceeds towards loan repayment will be derived. I have an approximate turn out of around 75K per Month ( Around 900USD in months where the business is good.The business operates throught the year therefore the flow of income is continuous. Clients prefer the products from us because they are of best quality and better priced. The only challenges we face is a little competition from other suppliers. With this loan, it will help boost our production capacity.

Loan Proposal

I would like to buy the fly tying materials I use for my business to enable me maximize the profits. I look forward to have an expanded business operations by the end of this year.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$22.00

Date disbursed

Sep 5, 2018

Repayment status

On Time

Projected term

1 week

Lenders

M

Moonknight

Østre Gausdal, Norway

Michel Bavin

Antwerp Area, Belgium

G

Gil

Portugal

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