To restock my shop to boost my business
Michael
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Michael
Member since
May 2014
On-time repayments
15 installments • 40%
About Me
my names r michael onyango omondi i did my primary education, a school by the name siranga primary school where i finished n join high school in nakuru called afraha high school, i finished high school n got a mean grade of b- later join a school of business where i did acertificate in business management since i had an ambition to do business in future.am currently running a small retail shop which i use to sustain my living standard.i reside rongai about 20km from nairobi CBD,u take a matatu no 152 n then u alight at tuskys where u take another matatu then u alight at total petrol station the fist flat is where i reside on your left with zidisha i hope i will b able to boost my businesS
My Business
my names r michael onyango omondi i did my primary education, a school by the name siranga primary school where i finished n join high school in Nakuru called afraha high school, i finished high school n got a mean grade of b- later join a school of business where i did a certificate in business management since i had an ambition to do business in future.am curently running a small retail shop which i use to sustain my living standard.i reside rongai about 20km from nairobi CBD,u take a matatu no 152 n then u alight at tuskys where u take another matatu then u alight at total petrol station the fist flat is where i reside on your left with zidisha i hope i will b able to boost my business
Loan Proposal
i do small scale business where i buy and sell diferent commodities.i started this business back when i was in high school as i was in a day school,the chalanges my parents went through in paying my school fees made me to venture into business to atleast help them pay for my siblings school fees in future.i started borrowing money from friends and relatives which i manage to raise ksh2500 with this i went and bought a bug of sugar,some beverages,one bar soap and some chewing boll gum,i started seling them and made a profit of ksh250 with this loan i will use ksh1000 to buy a bug of sugar,ksh 1500 to buy a caton of bar soap,raping paper,and beverages.remaining ksh1000 i will use it to buy a bundle of maize flour with all this am sure that i will boost my business and make it grow into a big shop in future
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jun 10, 2014
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
United States
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