Entrepreneur
Name
Stephen
Member since
December 2016
On-time repayments
30 installments • 40%
About Me
i was brought up in apolygamous family where one needed to struggle hard for success.i attended primary ,secondary and tertiary education.after my shool i was employed by my uncle to sell clothing.After getting maried is when we embarked on our owm business.land is critical in our community in that you need to have aplace called a home. my two children all dream to be adocter and alawyer.my hobby is travelling.
My Business
I provide women fashion ware and juniors fashion ware.
these goods are always in demand as we we all know you cant seperate women and fashion,and children are born every day.I chose this business bacause this are non perishable and returns are high My costs include rent legal fees and salaries.
my profit are entirely for business expansion,reinvestiment.
Loan Proposal
acquiring an asset for my business ie my own business premise
1.land aquisation 2000 dollers
2.building up astore 2000 dollers
3.increase of stock 1000 dollers
benefits
1. improve my life
2. create employment
3.profit channeled to church and charity homes
my profits shall increase by 50% coz of cutting down on rent.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Dec 20, 2016
Repayment status
On Time
Projected term
5 weeks
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