Name
Francis
Member since
October 2016
On-time repayments
56 installments • 41%
I have a diploma in civil engineering. I am a second born in a family of five. During my free time at college, I used to do hawking in the streets of Nairobi selling secondhand shoes. I love to socialize with people, especially the business-minded, and I am also in agribusiness in my village where I have started growing fruits.
I do sell ladies shoes. I decided to venture into this business due to its demand since ladies do change with what's new in the market which helps reduce loss since it's fast moving. I have been using the profit to grow the business. The costs incurred are: license, rent, wages to workers (I have one), electricity, and, at times, transport.
This loan will help me to add my stock will buy goods such as flats which costs 0.5 dollars ,sandals shoes for ladies at a cost of 0.1 dollars ,wedges for ladies at a costs of 1 dollars at least 10 pairs in each set of the above flats ,wedges and sandals .since the price is favourable the profit is tripple since u can sell a product ranging from 5-10 dollars .This amount will help in paying the workers ,rent and provide for my family ,the remainder will be saved for future expansion of the exhibition
I have a diploma in civil engineering, a second Born in a family of 5 during my free Time at college I used To do Hawking in the streets of Nairobi selling Second hand shoes. I love to socialize with people especially business minded and am also in agribusiness in my village where I have started growing fruits
I do sell ladies shoes I decided to venture into this business due to it's demand since ladies do change with what's New in The market which helps reduce Los's since it's first moving. I have been using the profit to grow the business. The cost incurred are License,rent ,wages to workers I have One, electricity, and at Time transport
This loan will help me to add my stock will buy goods such as flats which costs 0.5 dollars ,sandals shoes for ladies at a cost of 0.1 dollars ,wedges for ladies at a costs of 1 dollars at least 10 pairs in each set of the above flats ,wedges and sandals .since the price is favourable the profit is tripple since u can sell a product ranging from 5-10 dollars .This amount will help in paying the workers ,rent and provide for my family ,the remainder will be saved for future expansion of the exhibition
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$7.00
Date disbursed
Nov 18, 2017
Repayment status
On Time
Projected term
4 weeks
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