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

With this loan it will help me increase the inventory of materials for our fly business. This will be of much boost to our business which we project to have an increase in production by an extra 5%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$35.00

Date disbursed

Oct 5, 2018

Repayment status

On Time

Projected term

1 week

Lenders

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