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
For a security company to operate effectively,it requires that the guards are well equipped not just to appear smart but also to meet the customers expectations.They need to be well kitted with smart uniforms-caps at the top,shirts,lanyards,trousers,boots among others.They also need to be issued with security equipment like whistles,batons among others.I therefore need this loan to purchase several whistles to my company's guards.I also need to build my portfolio so that as I grow the business,I will be able to use your loan facilities in case I get new business which would require around 100 dollars per guard to kit.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$8.00
Date disbursed
Aug 16, 2017
Repayment status
On Time
Projected term
8 weeks
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