Douglas

Ruiru, Toll Area, Murera, Kenya

100% repaid

Entrepreneur

Name

Douglas

Member since

January 2014

On-time repayments

91 installments  •  42%

About Me

am 29 years old turning 30 by the end of this year. Married and blessed with a baby girl 4 years old. i have done diploma in business management bur i have not been able to get a gud job. Currently am employed by Styles Industries formerly known as Darling. i work there as a driver, bur at the same time am starting my own business which am marketing right now. i started a company called Verdant limited. its due to luck of capital thats why it hasnt picked up yet but with time it will pick i believe so.

My Business

Being employed and earning a salary of 14,000/= doesnt really do anything here in Nairobi. With my business i will be able to offer to companies or institutions with services like Cleaning of offices, supply of office stationery, property management & letting agents, supply of perishable goods and cereals, supply of building materials and etc. It all starts with baby steps then after sometimes you find yourself doing very well if you are determined. Am really working so hard to see this grow to something big.

Loan Proposal

Since i got a new tender contract with a local firm here to supply them with office stationery which my new company is capable of doing, i intend to use the cash to purchase the items then i distribute to the firm. The firm offered me a trial supply that will determine if am capable of keeping the job or not. This caught me off-guard because i had no any cash with me, and am supposed to start supplying the goods by next month which is just around the corner.
i would have even requested for my repayments to be made twice a month instead of every week as per your rules. This will ease the hustling and struggle to pay on time. My company is still very new since it was registered last year on 26th july 2013. It has been not operational because the proccess of attaining some certificates took me so long bur thank God because am now ready to hit the market.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$250.00

Date disbursed

Jan 18, 2014

Repayment status

On Time

Projected term

12 months

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