Entrepreneur
Name
Peter
Member since
November 2016
On-time repayments
24 installments • 75%
About Me
i was born i kisii county in a family of 6 children and am the second born.i went to kiss high school and later joined technical university of kenya in Nairobi where i did business administration but unfortunately i could not complete due to lack of school fees which made me to seek for an alternative way to survive. i was employed in a supermarket as a customer attendant where i worked for 3 three years and made some saving with an intention to start my own business.i opened a small shop where i sold furniture materials for carpenters and i have been blessed since it has really grown beyond my expectations.since Nairobi has a high population most people are very hardworking social and religious.am married and blessed with two daughters who are twins both school and in they will be joining class one next year.i like traveling,swimming and reading novels.
My Business
i own my business which i sell furniture materials for carpenters like cushions,velvet,nails,sponges,paint and glue at affordable price.i chose this business due to its high demand and the high population in my area that facilitates the high demand for home furniture thus the good profit return.i spend $100 weekly to buy new goods in my shop which gives me back a profit of over 40% that i use to pay rent,school fees,bills,home improvement and growing my business.
Loan Proposal
i will use my loan of $22 to buy paint worthy $22 to add them in my shop since i have less pains to supply for my customers and yet i have more orders from my customers.this will help me to meet the need of my customers and and increase my profit by over 40% and be able to employ one more person and also be able to provide for my customers needs.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$22.00
Date disbursed
Nov 4, 2016
Repayment status
On Time
Projected term
2 months
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