Name
Silas
Member since
March 2013
On-time repayments
11 installments • 27%
Kadenge kitsao was born in a very poor family and having the zeal to defy the odds to lead a meaningful life after finishing my olevel education and having no money to advance into education to persue my dreams of becoming a doctor i decided to venture into business to salvage my family from poverty..i started a business because i wanted to brake from the poverty circle we were entrenched into by my fore-fathers ..then an idea cropped of starting a business of selling charcoal and firewood..the business is really florishing as i usually go to the forest to go and collect the goods having taken a licence of doing the same in condition i replace every tree i cut with 10new tree planted in the area..i use the money in educating my two small brothers who are now in form three and four respectively..
i have a shop in the nearby town selling charcoal and firewood which i bring them from the forest using a very big lorry having vast network established a and having worked on the demands of my clients and customers i do make sure that customers flock for my goods as i do offer quality and nice charcoal at a very reasonable and very low prices bur still running at a large substancial profit..but now my competitors are not sleeping and are working day and night to bridge the deference in terms of quality and service delivery ..that's why am coming to your rescue to give me the loan to make sure that i acheive my dream of bringing more goods and expanding my business in terms of infrastructure. my monthly profit is 10000ksh..
the loan will be used to get more stock for my business.. although that is a very small amount and the economy is very tight i will try to make maximum utilization of the resources around me and be able to expand my business..i will repay the loan in time in order i get another bigger loan which in return will help stabilize my business and be able to satisfy my growing volume of clients and customers
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 5, 2013
Repayment status
Late
Projected term
11 months
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