Name
Abraham
Member since
March 2017
On-time repayments
18 installments • 94%
I come from Nairobi County, the biggets county in kenya. My name isAbraham kanda a class eight drop out. I schooled at Kitengela Primary school up to class seven, where i was forced to leave school because of financial problems at home.
My father divorced my mother and that resulted to all problems because my mother was unable to pay for our school fees. Being forced to leave school therefore, i started growing interest in engaging into business so as to get ends meat, i loved lifting weights back when i was in Primary school and this encouraged me to start the same business. I made weights using locally available materials and managed to open up a gymnasium in town
I offer gymnastic services. I have a gym within Nairobi town where i have made weights using available local materials where people come and do exercises at a certain cost per hour or per day. this services are useful because they help people do practices and make there body fit, many youths come to my place to access the services. It is also on demand because around the place where i live, i am the only person engaging in this kind of business. I use the profits that i make to buy new equipment and gymnastic materials that my clients can use for exercises. For example, last month i did a renovation of my building and made the place comfortable for my clients. I am planning to buy a tummy trimmer because the demand particular from the ladies is quite high
I will invest the 28 us dollars given into purchase of an equipment known as Squats that will cost me 60 us dollars. I will top up the remaining amount and buy the desired equipment.
I will satisfy my customers need with the machine which has lately attracted a lot of demands from them. I expect to increase my income significantly with the machine. I expect an income increase by 20 us dollars a single day.
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Project Type
Classic Loan
Disbursed amount
$30.00
Date disbursed
Jul 25, 2017
Repayment status
On Time
Projected term
6 weeks
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