Entrepreneur
Name
Peter
Member since
February 2016
On-time repayments
19 installments • 68%
About Me
Iam Peter Wanjala,aged 28 years old.I grew up as first born in a family of five childrens.
My parents both were not working but depended on farming.Raising school fees was not easy.I had take care of our cows and assist them in farming to raise my school fees.
I completed Secondary in the year 2009.My uncle who unfortunately died gave me kshs 5000 to start a business.
I started a small business to help parents raise fees for my younger sibilings.It was not easy for a new start but as time went i started raising something small.
My Business
Selling Jackets
I do sell Jackets.They are too demanding especially during rainny season.
Jackets are not much seasonal.Everyone want to put on a jacket early in the morning and in the evening.
One bale of Jackets costs kshs 12000.In a month i requre like five bales but due to financial problem,i go for two bales.
I use the profit to pay fees for my younger sibilings,my kid and general home improvement.
Loan Proposal
ADDING STOCK
I will be able to add stock to my business.Two bales more will increase profit.I will be able to raise more money for re-investing
The profit is likely to grow from 20%_30%.The amount i require is 250$
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Loan Info
Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Mar 6, 2017
Repayment status
On Time
Projected term
2 weeks
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