Juma
Mazeras Miwani, Kenya
100% repaid
Name
Juma
Member since
October 2016
On-time repayments
92 installments • 62%
I was born in 1963 in mazeras miwani village. I started my primary education at mazeras primary school then joined mazeras polytechnic after completing my tailoring course i was employed in a factory as a machine operator for some years then i got capital to start my own business. My business is all about washing and ironing clothes.
I wash and iron clothes. My business is allocated within mazeras town along Mombasa Nairobi highway so many track drivers wash and iron clothes in my shop. Also there are many industries around and they came out late after work so they don't have enough time to do with their clothes. My typical cost and revenue are 4000 KES for license per year, 1500 KES for water bill pay month, 1100 KES for Chaco per month 600 KES for washing soaps per month. I used the profit to pay school fees for my children and home improvement
I will buy 2 buckets of washing soap at $ 20, 10 pieces jik at $ 1 each ironing table at $ 20. I expect to increase my profit by $ 3 per day. I wish to grow my business so that it can give me more profit so that i build my own building to run my business smoothly. I also expect to open more branches so that i employ youth.
Positive
3
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$48.00
Date disbursed
Apr 20, 2017
Repayment status
On Time
Projected term
3 months
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