Name
Manasses
Member since
March 2015
On-time repayments
60 installments • 0%
I was a hardworking boy going to day primary school ad was a distance from home. I made it and joined secondary as well as an Engineering course in Electrical. After not able to secure a well paying job i decided to start a small shop from my savings, which due to lack of enough capital it took time before i make to the point am in.I still face challeges and i have skills but hard to execute.Am a kikuyu where business is at our fingertips. I have nice family of two kids.My older one wants to be a secretary and need to surpport her.
I need to improve my business level. I have tried all my best to See if I can be able to stock fully cope with the demand.
I sell household items like detergents bread material,milk, sugar etc
These items are highly demaded for people must feed.
I choose the business for it has a good flow and profiting.
I pay business house rent,taxes and other incurred expenses.
The income i get is ment to cater for my bills like school fees, family basic needs etc.
I make an income of approximately 200 Dollars per week, that is about kshs 10,000 Upward which can translate to 400-500$ per month.
Describe what you will do with the loan in at least 200 characters
will improve my business by buying the items named above and sell in small units.
will buy a 50kg bag of each and break at one kg package and sell at a profit of 2 dollars.
this way i expect a profit of 100 dollars in each bag.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Aug 7, 2015
Repayment status
On Time
Projected term
7 weeks
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