Loan to increase airtime stock

Daudi

Nairobi, Kenya

49% repaid

Entrepreneur

Name

Daudi

Member since

December 2014

On-time repayments

88 installments  •  39%

About Me

My name is Daudi Barak, a Kenyan by birth. My home district Meru, Eastern Province. Currently, I reside in Baba dogo, Nairobi.

I am the first born in a family of eight. My parents are small scale business persons, while my siblings are in primary school, high school, and college. I went to Diguna Discipleship Training school from 2011 to 2012.

Currently, I have not gotten a job but I am engaged in volunteering tasks in an NGO in Nairobi. I am visionary and supply credit cards, In future I want to start a retail shop for credit cards and other products.

My Business

My current business is supplying credit cards to retail shops. Each day, I purchase cards worth $100 and make a profit of about $10. I use the profit to meet our family's daily needs and cater for fare.

I currently have inadequate money yet I have gotten more orders. I need to increase my capital base. I kindly request for this loan to purchase more credit cards and improve my business. Thank you for your support.

Loan Proposal

Thank you for your first loan to increase my stock. The amount of money that I received was approximately $50 and I used it as I indicated in my application.

Today, I am kindly requesting you to fund me again to boost the stock since the proceeds from the loan went into loan repayment. Currently, since I do not need to register again, the requested loan will benefit me more than in the past. Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Nov 9, 2015

Repayment status

Late

Projected term

18 months

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LK

Leslie Kelly

United States

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