Reinvestment
Ng'oto Simba
Mwingi, Kenya
$0 to go
100% funded of $10 goal
0
days left
Entrepreneur
Name
Ng'oto Simba
Member since
July 2018
On-time repayments
4 installments • 25%
About Me
am a university student who just operates a sole business. I operate my cyber which is well a bookshop.I started this late 2016
My Business
my business has been able to raise gross revenue of 26000 per month.my costs include rent,electricity and transport. after deducting these expenses from gross revenue my net income now ranges between 20000 and 18000
Loan Proposal
reinvest my business ..that is,add more stock of books.this will increase my sales to an extend that I will be earning approximately 7 thousands per week
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Jul 19, 2018
Repayment status
Late
Projected term
3 weeks
Cost to entrepreneur
Service fee: $0.39
Credit risk payment:
$1.19
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