Entrepreneur
Name
Stephen
Member since
April 2018
On-time repayments
6 installments • 50%
About Me
I was brought up in Meru County ,from a poor background.I worked hard in school to make sure i made best use of the opportunity i got. I received sponsorship for my studies from well wishers. I am studying in the University, with determination and business minded. Handwork ,persistence and determination has helped me a lot in overcoming challenges i face in life. I started my business from my pocket money in order to raise money for my upkeep.
My Business
My business is running a small retail shop in the market next to the university. The high student population is my target. I was motivated to start the retail shop because of the high demand of basic commodities. The basic costs i face is rent for the premises,labour for the person who runs the shop when am attending classes, cost of buying stock. The small profit i realize i use for my upkeep in school and supporting my siblings.
Loan Proposal
I will use loan to buy food stuff(milk,cakes and sweets) on wholesale and sell on retail. The food stuff will cost 5 dollars and labour 5dollars per week.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1.00
Date disbursed
May 4, 2018
Repayment status
On Time
Projected term
1 week
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