Name
Ahmed
Member since
September 2015
On-time repayments
21 installments • 57%
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 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.
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.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$6.00
Date disbursed
Oct 15, 2016
Repayment status
On Time
Projected term
6 weeks
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