Name
John
Member since
January 2017
On-time repayments
66 installments • 80%
My name is John Gakonya , I was born and brought up in Nakuru town in a family of four,two boys and two girls I being the first born.My parents separated when we were still young and hence my mother took the burden of taking care of us.I went to menengai High school and by the grace of God I graduated although there was hardship raising fees from selling charcoal at umoja center.After High school I started a stationary business and typesetting since I learned computer study in school.This business enables me help my mother and my younger siblings.
During my free time I like to socialize with friends, go swimming and reading.
In my business I deal with selling stationary and typesetting.This services is necessary since there are schools in the center which act as my mean customers. Meanwhile I make $300 per month after paying all the bills I get a profit of $100.I use the profits for expansion and helping my family especially my younger siblings.
When given this loan i will purchase photocopy papers that goes at USD 4.5 so as to enable me expand the business. By doing this i will be able to serve more customers of which in long run generate some good profit.
This loan will make the business grow and profit margin to increase by 50% .
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Mar 1, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
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Helen Horseman Jun 14, 2017
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