Name
Amos
Member since
May 2015
On-time repayments
36 installments • 50%
I was born to Mr Jacob and Mrs Jane Kisaka of Chemwa location.We grew up in a family of farmers and my parents did their best to educate us taking me to school until i managed to clear primary school then did not manage to join secondary for lack of fees.I started riding bicycles to carry people for a living and would save the money and paid for studying masonry alongside other masons at a fee.I did this for a while and saved money then started a home supplies business where i buy items from wholesalers in the town and supply them at discounted rates to homeowners and shop owners in the villages.I am married and have three children.
I buy soap,sweets,brooms,detergents and food items such as baking flour and take them to peoples homes to sell at discounted prices and providing convenience for the people in their homes who find it hard to get to the town.I sometimes get to the small village shops and supply them with items which they cannot easily buy from wholesalers in the town. This business has enabled me feed my small family and i am saving up to open a shop with all the stock i supply, a kind of depot.In my free time i play soccer in the local team.In a good day i make around 74 in a days profit.My costs are low since i own my bicycle and only pay municipal council rates which are sometimes on and off and are not mandatory as they should be.
I will buy sweets worth 10$,bar soap worth 15$,Bicycle tubes worth 60$ and drinking tea and chocolate for shops worth 15$. I have been in short supply of these but it will enable me to supply adequately and also to increase my savings.I will also be able to hire a young man and buy a new bike to give him to supply another route of shops thus doubling and even tripling my profits.
Positive
2
Neutral
1
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jun 8, 2015
Repayment status
On Time
Projected term
4 months
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