Entrepreneur
Name
Geoffrey
Member since
November 2017
On-time repayments
69 installments • 62%
About Me
I am a young energetic girl who grew up in a poverty stricken family. My family comprises of six brothers and two sisters. My parents died in a road accident when we were still very young. Being the first born I had to take the role of my parents to cater for my siblings. I had to work in sugarcane plantations to make ends meet. I didn't complete my secondary school education but I vowed to make sure that my siblings had to go through school at least to help in our community.
My Business
I run a Wines and Spirits depot in our market place. I have two assistants who help me in supplying of my goods. I sell both wholesale and retail. I normally save at least a hundred US dollars a month after clearing my bills and paying my rent. I plan to expand my business to other towns due to public demand to cater for their needs. I started my business after saving whatever remained after catering for my family.
Loan Proposal
I will use the loan to add to my savings then buy a new refrigerator because I am opening a new depot in the next town. That will help me to store my goods because some of my customers needs their goods when cold. That will also increase my profits because I won't have to use ice which is more expensive.
My yield will also increase thus I will be able to pay my siblings school fees without much problems.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$175.00
Date disbursed
May 12, 2018
Repayment status
Late
Projected term
11 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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Joshi Dec 30, 2017
Geoffrey Dec 30, 2017
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