Name
Benard
Member since
August 2015
On-time repayments
263 installments • 13%
am a firstborn in a wonderful family of three, a graduate of university of nairobi a cashier at uchumi supermarket and a stationery and green grocer owner.
starting business has always been a dream i wanted to achieve and with my personal savings, i was able to realise this dream.
In my country many people are now turning to entreprenuership being that jobs are few.
My hobbies include reading novels, watching movies and documentaries.
My business involves sell of educational books, fictional works and other educational materials. It also offers photocopy, printing and binding services too.
I opted to venture into this business because matters concerning books has always been my passion.
My typical costs are:
employee's salary- $112
rent- $77
electricty bill- $22
While the revenue stands at $335.
Most of the net profits are usually re invested into the business.
With this loan i will purchase:
Educational books worth $100
Novels worth $64.
Atlases and maps worth $64
This will increase the pool of books from which customers are able to choose from thus increasing profitability and satisfaction among customers.
This will boost the business' profit by at least 14%.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$239.00
Date disbursed
Dec 31, 2015
Repayment status
Late
Projected term
57 months
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