Name
Joseph
Member since
October 2016
On-time repayments
168 installments • 66%
My name is Joseph Mugo. I was born in central Kenya where I grew up till adulthood. I went to up to secondary school education. I live in Mombasa city where I relocated after my secondary school education.
I do not have any formal training and I ventured into business immediately after my secondary school education.
I am married with two children.
My business deals with selling of second hand shoes. I like the business since it is profitable especially during the high season. I buy shoes in boxes and then retail them from my shop which is in Mombasa town.
My weekly profit is about $75 and I use this money to support my family. I am hoping to grow my business and open a big shoe store where I will be able to sell new shoes as well.
I will buy sports shoes to sell to mostly school students who use them around this time of the year. We are now approaching the second term which is a sports time the school calendar. I therefore expect a high demand for sports shoes and that I why I want to stock up this type of shoes.
I hope to make good profit from this investments which will greatly improve my quality of life and that of my family.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$84.00
Date disbursed
Apr 8, 2017
Repayment status
On Time
Projected term
6 months
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