Renewal of licences for two shop branches

Edwin

Mombasa, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Edwin

Member since

June 2015

On-time repayments

30 installments • 73%

About Me

I run a chain of stationery shops . the shops are six and located in different towns adjacent to each other . I've employed 20 employees . I'm a phd student ,a single parent , and a social worker for communities around my businesses.

My Business

my stationery business has six branches running in different towns. I've employed 20 employees from communities around my branches. each branch has an average net profit of € 2000. The projection this year is to expand 4 more branches and diversify my products.

Loan Proposal

The loan will be used as additional capital to pay for yearly licences for two of my branches. The total amount required is 900 dollars. I have a deficit of 250 dollars. The weekly returns from the two branches will comfortably clear the loan before the stipulated period.
I look forward for your quick consideration