Shop renovation

Cyprian

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Cyprian

Member since

January 2021

On-time repayments

7 installments  •  43%

About Me

Am Cyprian Mbaabu,a young and hardworking man who was born and raised in Kenya by a vulnerable family.We were born in five,i being the firstborn.My parents struggled alot by the little they got to ensuble that there is a sustainability of me and my other siblings in school.
I did well in my education and i graduated in the year 2019 at Mount Kenya university Degree in Economics.
and For now am 27 years of age.
After graduating i had alot of challenges,despite promising my humble parents about transforming their lives after school yet i didnt know there was awaiting economical task after graduating.
My expectations was that i could get employed after few months from graduating period but it was not easy,and job opportunity was very difficult to get.
Though i never let the promises fly away,i managed to pray hard to my almighty God who never lets me down.
Finally i found a solution on how i can impress my lovely family by fulfilling the promise i kept.I managed to start a small shop,with a little capital i had plus my unlcle's support and i still runs it as well as trying to suport my parents as much as i can.

My Business

Finally,the small shop over a ten months,it was the shop to be having as many customers as possible,and on December,last year,i managed to renovate it and enlarged it into atleast larger one.I started it with a little amou t of capital,that is $215Usd and upto now am gaining around $310 Usd per month This is a good progression to me and my family.am now in target to make it a three in one shop by two months to come by adding mpesa and other mobile money services.

Loan Proposal

As i explained again that on December last i renovated my shop to bigger one so that all my items can fit into one shop.
Now this time i want still to renovate more by
1.Painting my shop into a favourite and attractive colour.
2.Add electrical advertisement board.Which will indicate what i deals with.
Having done this,i hope i will attract more customers and conquer all the other shopa around.

Income Source

The economy is down,but we enterpreneurs we should not witness the falldown and now we should find different ways to prevent this.
For me my best methond is time management,i usually utilize the time by extending mainly during weekends where we have alot of customers,i also wakes u

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Loan Info

Project Type

Classic Loan

Disbursed amount

$55.00

Date disbursed

Jan 31, 2021

Repayment status

On Time

Projected term

3 weeks

Other loans

Lenders

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