Kennedy
Machakos, Kenya
16% repaid
Name
Kennedy
Member since
August 2017
On-time repayments
112 installments • 18%
I studied in Mumbuni primary school ,later joined Mumbuni high school in Machakos and then joined Masinde muliro university in Western Kenya where I did a degree in bachelor of commerce. When I decide to pursue a goal in life I keep on trying without quiting despite the challenges.I made small savings for over one year and came to start my boutique business. The I live in has fertile soils which support agriculture. My hobby is surfing through the internet searching for helpful ideas.
I run a boutique business in my town which is picking up well from last year. I sell different kinds of designer clothes both for men and women. I make an average of 1500 per day .
I will use the loan to buy inventory for my boutique business and and my cyber cafe. This will cost about 36 -40 us dollars.
I will also expand my business to reach more of the target market and make more profit.
My clients will be able to access my products more easily. With the profits made , I shall be able to feed and sustain my family.
If I expand this business my profit margin shall increase by about 5-10%. Thanks in advance for the consideration.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$31.00
Date disbursed
Jan 10, 2018
Repayment status
Late
Projected term
22 months
Other loans
Ask Kennedy a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.