Name
Shedrack
Member since
April 2013
On-time repayments
7 installments • 29%
My name is Shedrack kimosop, am single and I live away from my parents. My place of residence is Nakuru Check Point area where and working as self employed. I did my form four as the highest level of my education and later started a business of selling Mali Mali Products. I use my profit to pay rent, add stock in my business and also use some for my basic needs. Actually it has supported me since I dont have any other source of income. It helps me to encourage even the young people not to lose hope after lacking college fee and instead I encourage them to start small business which helps even in reducing rate of crime or evil minds especially when they are idle.
My business deals with Mali Mali products. It normally deal with products such as selling torches, basins, Sufuria, Jikos, utensils such as thermos and other products like carpet, table matts. This business is of great profit because the products dont get delayed. I trust in it since it has brought me from far since I completed my O level. My customers like my business since I deal with genuine goods which are of good quality especially glasses, thermos and radios. Hence at the end of the day I used to have a lot of sales. I believe this loan will be of great help to me since it will boost me and add more stock.
This loan will be of great help to me since I will use it to add more stock in my small mali mali business where i do sell utensils, torches, cables and other small items like shoe polish, brushes etc. Therefore I will subdivide this money to buy varieties of items which will attract many customer hence boost my business which in turn will help me to pay my loan.
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 1, 2013
Repayment status
Late
Projected term
7 months
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