Loan to increase stock in my shop

Engalis

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Engalis

Member since

August 2015

On-time repayments

186 installments  •  10%

About Me

Am a firstborn in a family of four, a part time student at university of nairobi and a budding entreprenuer.
I hail from a humble background and this has always inspired me to work hard inorder to have a brighter future.
Growing up in a humble background meant that life was really difficult at times but God has always been merciful.
My hobbies include watching movies, documentaries and listening to good music.

My Business

My business entails sell of home supplies and also phone accessories.
I decided to venture into this type of business due to demand for such goods.
My typicall costs include:
Rent-$80
County licence-$30
Water and electricity-$40
While my revenue usually averages $360.
I usually use the profits to fund my education and the remaining is ploughed back into the business.

Loan Proposal

With this loan i shall purchase:
Rice $25
Flour $10
phone housings $10
Chargers-$10

This will increase the stock volume of the business

In addittion this will boost my business profits by atleast 5%

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Aug 31, 2015

Repayment status

On Time

Projected term

17 months

Other loans

Lenders

PG

Paul Graham

United States

Ask Engalis a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...