Name
Tom
Member since
April 2017
On-time repayments
14 installments • 21%
Am Tom.O. Onyango ,am a university graduate with degree in Finance and accounting, am married and with 5 children. I am a business man operating a fast food cafe in Nakuru Kenya. I sell drinks and cooked food. I also operate Mpesa sub agent outlet.
Fast food cafe in Nakuru Kenya and makes average KES.4,000 sale a day.The food we cook are chips, ugali, chapat,i mboga and other varieties of cooked food. Also sell soft drinks and bottled water. Mpesa shop also available with scratch cards for mobile phone s top up.
will use the loan to buy soft drinks in a pack of 24 bottles . Pack of 500ml plastics sodas cost 13 US dollars(Kes 1300) and sell per bottle at 0.8US dollars(Kes.80) hence make a 19.2 US dollars(Kes.1920). Profit of 6.2 US dollars( Kes.620) per pack.
I will buy the number of packs depending on the loan I will receive.
Benefit it will increase my sale and profit and customer demand and satisfaction.
I expect profit to incraese by more than 25% of the previous sales,.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$52.00
Date disbursed
Feb 23, 2019
Repayment status
On Time
Projected term
6 weeks
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