Entrepreneur
Name
Peter
Member since
November 2016
On-time repayments
18 installments • 22%
About Me
I was born in murang'a country in central part of Kenya. I'm the second born in a family of six children's.I'm a humble christian attending services and follower of Anglican Church.I'm married and a father of three children.The children are all in primary school. My parents were farmer and sometimes getting something on the table was very difficult to get .I dropped out of school so as to help my father meet the family needs .I was employed as casual labourer in the compound of on of my neighbour to look for his cattle and goats .I saved enough money to start a business.I started with fast moving products and later photocopy machine depending on the demand of that service .The neighbours are very accommodative due to services which I give them.The profit which I make helps the family needs and also hosting the business needs.
My Business
The photocopy work and fast moving products like sodas are good basically because they are no other services in the area and the demand is higher than the supply of the product.This attributed by the fact that there are neighboring schools which require the service more often than the private individual hence increase the demand.
Basing on the capital investment of the shop the cost of the machine plus the photocopying papers are a expensive .
The profit I got runs the business and pays for the upkeep of the family's needs plus the school fees of the children.
Loan Proposal
Buying exta photocopying papers will help to cater for the demand of my work.
. Total cost of the papers per carton is 15 dollar
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Loan Info
Project Type
Classic Loan
Disbursed amount
$272.00
Date disbursed
Jun 3, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
Australia
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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