Rice and sugar for grandpa shop

Luka

Kabarnet, Kenya

100% repaid

Entrepreneur

Name

Luka

Member since

October 2017

On-time repayments

10 installments  •  80%

About Me

i am a kenyan gentle man married to one wife and blessed with 7 kids, i grew up from a humble background, where i started a small business in the village which have been sustaining my family before i joint military. we surrounded by different cultures which developed us to be hardworking.
currently three of my children are working and they have been helpful to us as a family.
i like spending time with my family during my leisure time and this have created a good relationship with my family.

My Business

i am currently operating a small shop in the village dealing with house holds. i venture into this business since i realized that there was untapped opportunity in the field and community members had to travel so far to find a place where they can purchase house hold items.
my current stock is about Ksh. 50,000 and am planning to increase this stock so as to increase my profit from 5% to 10% per week.
the profit will be invested back to the business for the growth of the business.

Loan Proposal

The amount borrowed will be used for inventory of more stock for my shop. This will enable me meet the increasing number of my customers. I will be very grateful if my loan be granted.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$18.00

Date disbursed

Jan 5, 2018

Repayment status

On Time

Projected term

5 weeks

Other loans

Lenders

MichaelDean

San Jose, United States

ads68

Melbourne, Australia

D

Don100

Wilton, United States

W

Wade

United States

Kevin

San Francisco, United States

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