Entrepreneur
Name
Joel
Member since
February 2015
On-time repayments
172 installments • 92%
About Me
i schooled in tonongoi primary school where i completed my junior school there. thereafter i went to chemamul high school where i completed my A levels. life is hard but due to my extra work and perseeverance i have totally conquered. my children are hardworking and 3 want to be doctors while 4 are still young. during my free time i like reading bible.
My Business
the goods i sell are normally foodstuffs and also electronics which is of high demand. i chose thus business because in my area i used to see hoq goods are sold and very fast moving so i decided to open it up. the costs are minimal at 3% of the total income. when i get profits i pay school fees for my children and also reinvest the remaining back into the business
Loan Proposal
This loan will help me to expand my business of food stuffs by a value of USD 40 and electronics by USD 28. The business has helped me pay school fees for my children, 2 in high school and 4 in primary school. and also provide for my family needs. The profit will now douple from earlier 3 percent to 6to7 percent.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$673.00
Date disbursed
Apr 27, 2018
Repayment status
Late
Projected term
8 months
Other loans
Ask Joel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.