Entrepreneur
Name
Ramadhan
Member since
July 2017
On-time repayments
15 installments • 60%
About Me
Ramadhan is a 32 year old age young man born and raised from a humble background, went through my basic education from Standard One to Eight in Musunji Primary School and graduated after sitting my KCPE in 2001 and later joined kaptik High school where I went through my o levels back in my rural home. I was brought up by my grandparents thus being away from my parents but this did not deter me from performing well in my studies, joined college and acquired the basic skills that enabled me establish a business. I started my cyber business entirely from small savings I got from my employer and also a loan from other lending institutions. Luhya circumcision of the boy child is a culture that is protected in our community and it's very binding. During my pastime I visit friends and sometimes needy people in the society. Am a very social person
My Business
I Offer internet services and stationery. This services are useful because many students need to carry out their research online and also in this digital era, almost everything is done online so I offer my clients that opportunity to access this services easily. I chose this kind of business because I got experience in IT or rather first hand experience and can easily manage it and financing it is a bit cheaper too to start. My typical costs major for browsing is 50cts per minute..Photocopy services from Kshs.3 Printing from Kshs. 10 though I give special considerations to bulk copies. The profits I get I use to cater for my family's basic needs i.e. School fee, clothing etc, re-invest in my business and save a few more coins for emergencies and future use too
Loan Proposal
I will use the Loan to purchase a few stationery like Printing papers, photo papers and laminating film. This will come in handy during photocopy, printing and other general services thus giving me maximum profits and efficient service delivery to my clients at large. I expect to get a 100% profit limit as far as business opportunity is concerned.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$28.00
Date disbursed
Oct 20, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Ask Ramadhan a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Helen Horseman Oct 11, 2017
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