Sylvester
Yenga, Kenya
$0 to go
100% funded of $301 goal
0
days left
Name
Sylvester
Member since
February 2016
On-time repayments
60 installments • 68%
I am sylvetar Omondi,I schooled in st marys primay school and went to maranda high school for my secondary education. I was not able to join tertiary institution due to financially disability.
With my level education it was not possible to get any meaningful job, as a rugby play I always did body bulding and since I could not afford gym ,I had bought a a few weights to train from home, lots of friends could join me fro free and but i started charging them small fee of 0.3$ per day,with time the number increase and with my little savings I made a structure out of iron sheets for training and that is how I started off my career as a gym instructor and owner.
I come from western kenya and I am a luo.In our land most people practice farming and the poverty levels are very high.there are several unique physical features including the great lake victoria.
I spend alot of my time at the gym ,but when free I fancy watching soccer, playing rugby and meeting new friends and people.
I run a fitness centre ,an I do train wait lifters i.e body builders and aerobics. The demand for fitness services have increased in the recent past because of the need for fitness and cutting wait.
I choose these business because I have been passionate about body builders and the profit margins are good.
my monthly costs are typically $150 for ,rent,e;electricity and water. in a good month my revenues average are $400 per month.
I use the profits ,to educate my child,take care of my wife ,mother and siblings and also save for reinvestment.
I am very thankful for the loans,they keep my business going and growing. I would use the new loan to add new line of business which is food supplements for body buliders, I would top up the loan with $200. Thank you
Positive
1
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$301.00
Date disbursed
Jan 20, 2017
Repayment status
Late
Projected term
4 months
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