Name
David
Member since
March 2013
On-time repayments
127 installments • 74%
Am a resident of Rongai district,rongai location,Kapkwen sublocation,Tuiyotich village.
I am a self employed young married man,with a kid.am engaged in a poshomill business.
Educationally,am a form leaver and didn't further my studies due to financial constraints,and that is the reason I opted to join the business world of business.
I started the business back in the year 2009,the business though challenging, it pays of.I spend the earnings from the business to sustain my household needs,cater for operational expenses and save the remainder.
My poshomill business is located in a strategic place and there is no any other poshomill in the village.Many of my Customers are really satisfied with the quality of services I offer though limited by financial constraints.During the harvest season,the business is usually at its peak and profit is usually high,enabling me to save.
Currently I incur no rental charges since I own the premises.The expenses I in incur is due to fuel and machine maintenance .
If given the loan,I will use the loan to stock some sacks of maize which I will later sell back to my customers when they have ran out of stock.
The loan will be used to further expand my business.following the previous loan I acquired from zidisha,my business picked and at the moment my customer base has increased,and it is for this reason,I wish to further increase my stock of maize grain due to its high demand at the moment.
Though with the loan I will have not fully utilized the potential of growth, but to a greater extend I will have achieved and even surpassed the target I had set for the business.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$202.00
Date disbursed
Sep 9, 2013
Repayment status
On Time
Projected term
23 months
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