Robert
Nairobi, Kenya
67% repaid
Name
Robert
Member since
January 2015
On-time repayments
78 installments • 64%
I am a 30 year old father of one.I was born in a family of three as the first born.Born in the countryside i went to a public primary school and performed very well where i secured a place in a provincial secondary school.I had a dream to be a businessman but due to lack of school fees i almost lost my dream.
I transferred my admission to a day school so that i could raise my fee from my parents farm, where we grew vegetables and sold to neighbors.With the processed i could support my self for food and transport.After finishing my high school i proceeded to college where i did a diploma in business management so that when i save up i could be able to run a business successfully.
I have a small second hand clothing shop in gikomba market.I buy half a bale per week and business is good.I am planning to start a rabbit farm along side because i have been getting orders and many people are looking for rabbit meat.So far i have saved up some proceeds from my current business and i have bought the material for the construction.The typical costs for these will be to buy the kittens , food and the roofing material.
I love farming and playing football as a hobby.I plan to use the profits to pay back to loan, expand the business and buy better varieties of rabbits which will also need some investment into research.
Last time when I shifted my business from second-hand clothing to brand new t-shirts I was limited in dealing with childrean clothing and I never had stock for ladies.that's why this time around I want to reach out to this new block of customers especially in this festive seasons!this will actually increase my sells from previous block of customer which constituted mostly of men.my plan is to use $200 to bring 80pcs stock of ladies tops and $150 to bring in 70 new stock of childrean wear $50 will help in trasportation and storage.this type of business will double my profit and will also employed one more person in my business and thus improve my community by creating a job.this will help me achieve my dreams of being a future wholeseller and maybe even manufacturer so I can even be a great help to my community in future!
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Project Type
Classic Loan
Disbursed amount
$392.00
Date disbursed
Dec 1, 2015
Repayment status
Late
Projected term
9 months
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