Entrepreneur
Name
Samuel
Member since
April 2015
On-time repayments
19 installments • 32%
About Me
I come from a poor family.I learnt to save as I was growing up. I started a small business two years ago. and its growing.in my country people love fashion.during my free time I love socializing with people trying to get some ideas about other businesses. Apart from that I also love traveling in different places across the world.I would like to become a good entrepreneur.
My Business
I sell shoes n clothes for both men n women.I chose this kind of business because people go with fashion .I make at least 30,000ksh a week that is 550$. my monthly typical cost and revenue is 40,000 ksh that is 650$. I use for my family up keep. I would like my kids to have a good life so that they can be able depend on themselves.i sell suits for both men and women at ranging price of 90 to 100 U.S dollars. shoes for both men and women go for 50 to 75 U.S dollars.if i get a loan, i will add kids wear.
Loan Proposal
I will use the money to buy shoes for kids at price of 30$ and clothes for kids at price of 20$ and make a profit of 34$.on these particular items .so my monthly profit will rise to 600$.with that I can be able to add more clothes and shoes.with this kind of profit I can be able to open another shop elsewhere. And create more wealth .
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
May 25, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Tokyo, Japan
United States
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