Entrepreneur
Name
Samson
Member since
May 2016
On-time repayments
75 installments • 31%
About Me
i am 33 years old, married with 2 kids, i was to born to a family of 4, unfortunately i lost 2 siblings and now we are two, my parents were hard working people even in hard times they always found away to make ends meet and make sure they provided what we needed. this was a great lesson to me and i alway want to be like my parents in raising my family if not better.
i try to teach my children how to live and be successful in life and how they should follow their dreams.
i love reading and most of my free time you will find with a book this expands my knowledge in so many ways helping me to face life and know what happens around me.
My Business
am into sweet potatoes farming business, it well known commodity and its something thats alway on demand, i choose to do this because most of the things i tried didn't work out and in my country it really doesn't matter if someone is a graduate or not finding a job is hard, so i saw an opportunity of employing myself and its been great.
i supply my swwet poatoes in sacks and a sack goes for kes 1000, averagely in a month i supply atleast 30 sacks, giving me an income of kes 30000, i spend kes 5,000 on transport, kes 10,000 goes to weeding, kes 5 000 goes to my kids tuition, kes 5,000 goes to my family bills and i make savings of kes 5000 every month.
Loan Proposal
since i do most of my supplies in town, i am required to rent a storage facility for my commodities, i do my business all year long so i'll have to rent it for one year. renting a facility for one year will cost me $ 450 am able to raise $ 250 from my savings and need a loan of $ 200 so that will be able to rent it.
i will be grateful if you can fund me. this will help me to do my business smoothly and thus i will save more money from renting short-term storage facilities since they are more expensive.
thanks.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
May 19, 2016
Repayment status
On Time
Projected term
12 months
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