John
Nairobi Kasarni, Kenya
100% repaid
Name
John
Member since
March 2014
On-time repayments
288 installments • 14%
I live in Kasarani area in Nairobi, Kenya. I attended University of Nairobi and graduated with B.A Economics. I have been doing business in my life and currently running a printing shop, supplies and an mpesa as an agent. I believe in business as part of my childhood dream to manage my businesses. I am now in that course of dedicating my energy and vision to gather more money in business. I like the challenges that comes with entrepreneurship and this gives me satisfaction once I win. I plough back the profit I get into the business.
I run a printing shop and general stationery supplies and an mpesa agent. I am situated next to a college where there is a good traffic of students as well as other people. I provide quality services that give customers the ultimate satisfaction. I have challenges from my competitors but I am able to manage that through offering good services to my customers. I do get about ksh 100,000 a month as sales with a margin of about Ksh 40,000 as profit. My dream is to grow the business through product diversification to woo more customers.
The last loan that I have successfully settled was a great honor to my business. I bought various electronic accessories which are doing very well. I intend to expand the business in that sector and also try printers and photocopiers consumables. I intend to use US Dollars 45.32 to add on electronic accessories and US Dollars 79.32 to buy cartridges and toners. I greatly believe I will be able to make good sales and repay the loan on time. I have no doubt in mind the loan advanced to me will be a success to me and to my clients who will obtain the goods conveniently without traveling far to look for them. Kindly lend.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$117.00
Date disbursed
May 5, 2014
Repayment status
On Time
Projected term
8 weeks
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