Car purchase balance payment

Charles

Nyahururu, Kenya

100% repaid

Entrepreneur

Name

Charles

Member since

January 2020

On-time repayments

17 installments  •  41%

About Me

i am a kenyan citizen by birth. am a father of three two daughters and one son. Am married to one woman.We were born six and am the second born in our family. my mum died when i was in form two leving behind my blind father. i studied to forth form but due to lack of funds i could not go beyond that level. After school i ventured into casual labour to cater for my siblings needs. God enabled me save the little i earned and i was able to start a small mali mali work. i continued saving without hesitation and i was able to educate my siblings as well as cater my my nuclear family. through small group loans i was able to open a small clothes shop which has gave birth to my current business. i love to venture new places, reading the bible/preaching and doing business flows in my blood stream. My children s also display the same character as me hence i have a vision of making their dreams come true.

My Business

currently am rugnning clothes marchadize business where i moves from one town to another.I realized that people travel long distances to the capital city to get best clothing hence i ventured in the business and my customers are always happy with the idea for it saves them cost as well as time. the business is doing well for am able to meet more and more customers on ground rather than waiting customers on the shop. i have employed somebody to run my clothes outlet as i go on with my route sales. i have also been able to buy a pro-box car to avoid hiring which was giving me extra expenses. The best thing with clothes business is that you makes a double profits always. i uses the profits to cater for my family needs as well as give my children the best education they deserve.

Loan Proposal

hello lenders. i will the loan to pay the outstanding balance of Ksh.65,000 which i incurred during the purchase of my business car. the loan will enable me to run my business as usual as well as be consistent in the repayment of the balance. since i came to know about you a lot became easy for me both in life and in normal day to day experiences. i promise to stay positive in my payments as well as updating you on my progress. currently am doing fine and i thank god for that.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$211.00

Date disbursed

Feb 17, 2020

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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