Leonard Aduvaga

Free Hold, Kenya

100% repaid

Entrepreneur

Name

Leonard Aduvaga

Member since

January 2014

On-time repayments

93 installments  •  28%

About Me

Am Leonard aduvaga born in the 1978 month of october date 11,Married in the year 2002 , afather of 4 children 2boys and 2 girls Live in Nakuru town- Rift valley province, location afraha stadium, am high school certificate holder,have pursue acourse in business administation,offset printing,computer and driving, at the moment am self employed with aprinting stationary shop, which its interest earnings have purchased the tailoring machine worth seven thosand shillings to help make some repairs and designs to community members ,

My Business

my business does well in sales as most stationares things are on the demand like computer accessories, photocopying papers,pencils, wrapping tapes. sales of diffrent a1 sizes and colours to printers around,in the month january february august sales are profitable because of demand is high from schools but in december sales are quite
down as most customers shop for christmas as usual but in april, and august sales are quite dowm bt at the end of day u make aprofit of eight hundred shiliings compare to other month mimimum of twelev e hundred shillings so like this month of january 2014 request minimum of ten thousand shillings to boost school stationaries

Loan Proposal

The first loan u lend me, will help me add my stock and the sales, will make sure i
pay in time before the stated period, because i aim for a bigger loan to expand my business
and open another branch for office stationeries. the schools and institutions of higher learning have reopened and so i expect to have many customers coming for books and stationeries.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.04

Date disbursed

Jan 26, 2014

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Lender interest: $50.04 at 5.00% annual rate over 5 months = $1.06

Service fee: $0.75

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