Purchase of lenses for my workshop

Ahmed

Kapsabet, Kenya

100% repaid

Entrepreneur

Name

Ahmed

Member since

September 2015

On-time repayments

21 installments  •  57%

About Me

my names are Ahmed Tanui, a first born in a family of six, two girls and four boys. I schooled in a rural setup thereafter I went to college with an aim of securing a job to help sustain my family had to miss school fees a times. I obtained a machine to do cutting and glazing I intend to expand and to employ more. it is hard for people to assist you, they see it as you're competing with them. I'd like my children to help make this business a leading one in the country. I love travelling as well as socializing a lot.

My Business

my business mainly deals with spectacles, I do fitting and cutting of lenses. I am in a
setup so many people with vision problems do visit. a times a client is in urgent need so it normarly takes two to three days but now it's instant. the cost of buying lenses is high but with bulk its cheap. it pays well. I would like to reinvest to expand my business, will also school my kids better. I still need to add some machines to increase work efficiency In my workshop. I opened a mitumba business for my wife also and she has just started.

Loan Proposal

My workshop requires steady supply of optical lenses. Given the loan I will surely work in providing the patient what they require at an appropriate time and day. The profit will rise to a 80% considering the profit and loss accounts. Certainly the business will prosper as I have had a similar case though had unsteady supply of lenses.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Oct 15, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

Hans Moor

Vorden, Netherlands

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