Entrepreneur
Name
Emmanuel
Member since
May 2018
On-time repayments
9 installments • 33%
About Me
I'm Emmanuel Otieno Odago, a 23 year old Kenyan. I live in Kiambu county with my single mother and my sister and brother. Life has not always been easy because even currently I'm not able to finish my degree course due to lack of fees. But I am not discouraged since I have my own business with which I try to make ends meet.
My Business
I have a business which sells Samosas and Mandazis. I have owned the business for a month now and I have been making a 30% profit each day. I use the profits for my upkeep to pay my rent and household items.
Loan Proposal
I am requesting a loan so that I can expand my current business from selling mandazis to selling mandazis and samosa. The money I receive I will use to buy another jiko costing 5 dollars, a display cabinet for the samosas costing another 5 dollars and buy the ingredients for the samosas which will cost 7 dollars. By expanding my business I project an increase in profit from 5 dollars daily to 10 dollars.
Feedback
Positive
None
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
May 4, 2018
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
Germany
Ask Emmanuel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
J Aug 26, 2018
Loading...