Geoffrey
Nakuru, Kenya
100% repaid
Name
Geoffrey
Member since
November 2017
On-time repayments
69 installments • 62%
I am a young energetic girl who grew up in a poverty stricken family. My family comprises of six brothers and two sisters. My parents died in a road accident when we were still very young. Being the first born I had to take the role of my parents to cater for my siblings. I had to work in sugarcane plantations to make ends meet. I didn't complete my secondary school education but I vowed to make sure that my siblings had to go through school at least to help in our community.
I run a Wines and Spirits depot in our market place. I have two assistants who help me in supplying of my goods. I sell both wholesale and retail. I normally save at least a hundred US dollars a month after clearing my bills and paying my rent. I plan to expand my business to other towns due to public demand to cater for their needs. I started my business after saving whatever remained after catering for my family.
I will add the loan to be availed to my savings so that I can buy my own bicycle. The bicycle will help me supply the wine and spirits to my customers.
That will also increase my profits because I will be saving from transportation costs. I will also reinvest in my business and sooner or later higher a staff to help me in my business.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$16.00
Date disbursed
Dec 13, 2017
Repayment status
On Time
Projected term
1 week
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Joshi Dec 30, 2017
Geoffrey Dec 30, 2017
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