Security business

Oscar

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Oscar

Member since

June 2017

On-time repayments

23 installments  •  57%

About Me

I was born in Nandi,the source of athletic champions and grew up in a farm environment.Cleared my university education graduating with an Economics/Public administration degree before joining world leader in the security business G4S as a guard,management trainee,branch manager and Regional General Manager.Quit and went back to college for an MBA and started my security company which am now building stealthily.I am also a budding maize farmer.

My Business

The company currently has a turnover of £1000 per month with typical costs being wages £700,operating expenses £100 dollars and steadily growing.Main constraint is cashflow especially when salaries are due(end month) with customers paying from the 10th ofevery month.

Loan Proposal

Running a security company requires some cashflow which am yet to stabilize.I intend to use the loans to bridge the financial gap and meet the business expectations and expenses.I am intent to build my credit limit to equal my wage amount of ksh. 70,000 so that,I can meet my employee expectations on a timely basis.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$17.00

Date disbursed

Nov 1, 2017

Repayment status

On Time

Projected term

4 weeks

Lenders

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Day Family

Melbourne, Australia

Paul Buchheit

Mountain View, United States

TL

Tao Luo

United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

SB

Stephen B

United States

Frank Bailey

United States

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  • Oscar    Nov 13, 2018

    Very crucial in ensuring operations proceed without cashflow hitches

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  • Oscar    Jan 2, 2018

    Thanks alot,I received the loan right on time to purchase some night torches for my team.

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  • Oscar    Nov 7, 2017

    I did recieve Ksh. 1,658 which I used to boost my business equipment kitty.I now have business cards courtesy of your loan and my gratitude is immense for your assistance.Thank you

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  • Oscar    Oct 10, 2017

    my business is growing and it can now be able to handle higher amounts.

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  • Oscar    Jul 4, 2017

    Thank you very much,please accompany in this journey to empowerment

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