Entrepreneur
Name
Josphine
Member since
November 2017
On-time repayments
22 installments • 59%
About Me
I come from a humble family. I was born in the year 1963 and after getting married, I decided to start a cereal business as this will enable me to educate my children and also take care of my family at home.
My Business
I started by planting maize, later included beans, sale of rice, millet, potatoes in my village. After the business started doing well, I opened up a shop at Bukembe market and this shop enables me to sell my cereals, not only on retail but on wholesale.
For now my business makes a profit margin of 5% per month. I hope with your assistance in uplifting my business with your loans, I will be able to increase my business scale.
Loan Proposal
The Loan will be used to buy more of cereals to increase my scale of business. I expect my business to grow at a rate of 6% if funding continued. I will move to a bigger town if the business will grow well.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$7.00
Date disbursed
Nov 10, 2017
Repayment status
On Time
Projected term
3 weeks
Other loans
Lenders
United States
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John Jan 14, 2018
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