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.
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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
Other loans
Lenders
Fontvielle, Monaco, Yemen
Taiwan
United States
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