Vavet Traders (selling home supplies)
Matthews
Kitale, Kenya
100% repaid
Entrepreneur
Name
Matthews
Member since
August 2016
On-time repayments
169 installments • 59%
About Me
I am male Kenyan citizen aged 49 years old and a father of 4 residing in Trans-nzoia county. I am businessman dealing with curtains and utensils and a teacher my profession.Currently I am Principal of a school.
My Business
I have a shop that deals with curtains and utensils and also A principal of a school.I do procure my goods that is curtain From Nairobi and design curtains for selling. The shop also sells utensils.I have three employees two are field officers and one works in the shop.
Loan Proposal
The main purposes of the if I will be funded is to organise to travel to China and procure curtain materials at favourably lower prices.This will enable me get a higher profit margin compared to the current place where I procure that is Nairobi Kenya.The bigger profit margin will help be complete the house that I am building now and further reduce my expense on rent which is currently high. Also I will shift my business premise which is currently located in my car park to a strategic place in town centre to be in a position to attract more customers to generate more profit.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$984.00
Date disbursed
Nov 26, 2018
Repayment status
On Time
Projected term
10 months
Other loans
Lenders
North Carolina, United States
United States
United States
Denmark
Switzerland
Ask Matthews a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.