Name
Moses
Member since
August 2013
On-time repayments
130 installments • 9%
Am Moses Onsongo a graduate of Egerton University and live in Nakuru Town.Am a single businessman and operate a bookshop outlet in nakuru's Kenyatta avenue;am so glad to earn from my business apart from my teaching proffession.I live in whitehouse area in nakuru near KITI training institute.I started this business to earn an extra coin tyo improve my living standards.I want to increase stock by availing more books needed by students an various classes.I also want to expand my business to earn more profit countrywide.
I operate a Bookshop outlet in nakuru town am a potential businessman and a teacher by profession.I sell stationary eg books pens rulers etc;i earn a total of 25000-30000 per month;i have three employees whom i pay them per months and treat them as my potential workers.The main challenge is competition and insufficient funds of which when get support it will face of my challenges.I have otential customers whom i sell to them original setbooks to enhance and promote learning.I spend less in revenue and my business premis is secured with tight security thus supporting the growth of my business.
This loan will be used to majorly expand my business in a way that my customers will be happy to promote me in a good way.i will use the money to increase stock of high quality in the market to fight my competitors;to make more profit and this will help me boost my business and help me move on.i will make sure the consumer environment and the employee environment is alright and fine for the betterness of my business
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Sep 8, 2013
Repayment status
On Time
Projected term
24 months
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