Entrepreneur
Name
Samuel
Member since
May 2017
On-time repayments
27 installments • 26%
About Me
I am Samuel Parmat aged 29 and I am determined to make it in life.
my childhood is nothing enviable, as i had to endure neglect by parents at a tender age of 4 for a sickness they tought I couldnt be cured, by God's grace I have been brought up by other people who have become my family at different levels of life.
One challenge that I faced and have overcome is the challenge of education, I didnt have the ability to pay for my own fees but by Gods grace i went through primary school courtesy of free primary education programme by the government of kenya. A well wisher settled by secondary school debts for me to get my certificate. perusing the internet I applied a scholarship and thats how I got a schorlaship and graduate in the year 2020 with bachelors of commerce.
Thats my story
My Business
I am starting a business that I need your support and your trust.
I will be making milkshake, smoothies and selling among other things ice pops, ice creams. This business is quite untapped here at highrise Nairobi near Riara University and therefore I believe it will do quite well. The main target of the business is the university students during this sunny period.This business doesnt require huge amount of capital compared to other kind of business.
The demand is quite predictable having operated same kind of business elsewhere and it succeeded
The cost of the business set up is about 70,000 with daily cost estimated to be between 300 and 500. The revenue expected is between 1000-2000 daily.....
I intend to use 60% of income made on business reinvestment and repayment of loans and use 40% on personal expenditure.
Loan Proposal
I will buy some books for my child who is in class one.
due to the fact that the economic situation is not good one is forced to outsource funds but good news is that am good at paying
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Loan Info
Project Type
Classic Loan
Disbursed amount
$3.00
Date disbursed
May 21, 2017
Repayment status
On Time
Projected term
3 weeks
Other loans
Lenders
United States
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