Adamson
Kakamega, Kenya
$0 to go
100% funded of $203 goal
0
days left
Name
Adamson
Member since
December 2017
On-time repayments
26 installments • 85%
I was born in a humble background in and studied in a public primary school at Nakuru Kenya I grew up with a single parent mother and now am in masinde muliro university fourth year of study.Its through my hard wor
k and perseverance in lower set education untill now that I am a success.
Similarly I decided to venture in business to earn revenue to reduce pressure to my guardian.By grandmother offered me a capital and now my business is growing abit,am buy and selling clothes bedsheets,duve and other clothing.The people here in campus like door to door delivery of resources so I'Il hawk around their hostels.Its my pleasure to avail the products to them I like it.
My business is buying of clothing at wholesale price and selling them at retail price I also deal with mutumba clothing and beddings.This goods are on high demand on youth around.I raise capital of Kes 30,000 and get profit of kes.15000 upon completion my challenges is daily expenditure in daily upkeep as a student too.I use the profits in paying part of school fees and improving my business.
I would use half of the loan to buy 20 rubber shoes @ 5$ and sell them @8$.The other half of the loan i would buy 12 khaki trousers@8$ and sell them @10$.This will help me increase my level of stock and customers will be happy to see variety of goods to shop in my business.Business-wise,i do expect my gross profit to increase by 10-15%
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$203.00
Date disbursed
Aug 13, 2018
Repayment status
Late
Projected term
4 weeks
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