Joseph

Barisheba, Kenya

100% repaid

Entrepreneur

Name

Joseph

Member since

April 2013

On-time repayments

12 installments  •  50%

About Me

my names are joseph mburu waithaka. am a gently man and am married i live with my wife and my family in general. am a father of three grown up children. the first two are big enough and they are depending on themselves. only the third born is still with me at home doing her final year exam this year in primary school. am a business man here at mshomoroni having operating two business. my education background is form four level of Kenya secondary.i started this business because i wanted to earn more income that could assist me on my daily family needs. with my earnings i do budget it with food paying of the third child school fees and add more goods to my business and save a little amount

My Business

my business is of a retail shop and a grocery here at mshomoroni. to the retail shop i sell goods like sugar, bread salt sweets wheat flour maize flour paraffin cocking oil washing powder and washing liquid. and to the grocery business i sell things like cabbage sukuma wiki spinach onions tomatoes potatoes green banana and may more products. these goods are on demand here because most of this goods that am selling are commonly being used by the local people here and they are on well demand. this business is profitable because after buying and sell them i get more after the selling of which is my profit. my monthly running cost is Kenya shillings 40.000 to both business. and my monthly sale revenue is Kenya shillings 60.000 this is giving me a monthly profit income of Kenya shillings 20,000 per month which is a good profit to a business like this.

Loan Proposal

thank you so much am greatfuly happy with you. with this loan amount am going to use it wisely on the expansion of buying more goods like cocking oil rice wheat flour maize flour sweats bisquits and many more.this will help me increase more sales on my retail shop and as well as inrease my daily income to me .this will improve my living starndard.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 18, 2013

Repayment status

On Time

Projected term

12 months

Lenders

V

vamPierchen

Luxembourg, Luxembourg

E

Enrique

Plano, United States

K

kingmark1

Calgary, Canada

B

bopsquod

Seattle, Wa, United States

Ingela

Falun, Sweden

B

BassFamily

Tremonton, United States

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