Entrepreneur
Name
Joel
Member since
February 2015
On-time repayments
172 installments • 92%
About Me
i schooled in tonongoi primary school where i completed my junior school there. thereafter i went to chemamul high school where i completed my A levels. life is hard but due to my extra work and perseeverance i have totally conquered. my children are hardworking and 3 want to be doctors while 4 are still young. during my free time i like reading bible.
My Business
the goods i sell are normally foodstuffs and also electronics which is of high demand. i chose thus business because in my area i used to see hoq goods are sold and very fast moving so i decided to open it up. the costs are minimal at 3% of the total income. when i get profits i pay school fees for my children and also reinvest the remaining back into the business
Loan Proposal
if granted the loan i use to buy grocery like rice and sugar costing 70$ and the rest i will use to increase my electronics in the shop. this will increase my sales by 30% which will help me get more cystomers hence high demand. i will get more profit which in turn will help me pay my children school fees without any difficulty.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 8, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
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