Entrepreneur
Name
Trevor
Member since
August 2019
On-time repayments
16 installments • 50%
About Me
Hi my name Is Trevor. My parents have sacrificed to put me through school. Currently i'm at the university pursuing my degree. I have overcome some of the hardships by believing in myself, going a mile extra and never giving up. I keep myself busy with online jobs and also farming.
My Business
After clearing high school, My mother supported me into starting a rabbit farming project that i felt positive about.The project did well and managed to expand it and also buy farm equipments for drip irrigation and got into leeks farming where it also picked up and did well for quite a while but one season as i planted the plants got really affected by a pest and my whole farm was affected. Demand for rabbit meat also decreased and it no longer turned to a money making project so i was forced to sell off some of my rabbits at a loss so as to cut on costs down as i tried to salvage my farm. That is when my friend introduced me to online work and we got an account where we started working together. I have been doing the online jobs for the past 2 years and it has made ends meet for me. I also started reviving my rabbit project this year and my farm once again. I also started an equity bank agent to try and increase my revenue. I started off with a float of kshs 20,000 and the monthly returns is at Kshs 3000 but it is increasing over time as people get to know of the agent.I also joined my parents in the construction hardware business and help in stocking some products with the money i get from my agent and also my other projects.
Loan Proposal
I will spend 5000 to buy more fast moving commodities in the hardware such as plywoods which earns one a great amount of profit per plywood in my area and the rest of the money i will add it to my agent float business which will in turn increase my transactions at the end of the month and will earn me more commission.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Oct 18, 2019
Repayment status
Late
Projected term
2 months
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