Loan to increase the stock of my business
Janepher
Lugulu, Kenya
100% repaid
Entrepreneur
Name
Janepher
Member since
November 2016
On-time repayments
45 installments • 42%
About Me
Am the first born from the family of fourteen children life has not been easy coz after high school I got married and then life was smooth until I got my third born son that when things changed and we divorced my first son is Humphrey Juma one of the member of Zidisha and Victor muyale also a member
I have raised all of my kids with no once help the last one is planning to join college
I want to grow my loan when until it reaches to a point where i can purchase land and build a home for my kids because we have been staying in a rental house for the past 20 plus years
My Business
I sell smoked fish Onions tomatos and all sort of vegetables in a market where we stay and I would like to increase the stock because the demand is too high because of the dry season that we are experiencing at the moment
The profit that I get I usually ploughs back into the business and pay rent and support my family with it
Loan Proposal
I will buy one net of onions at ksh 2500 and the remaining ksh 2000 buy tomatoes and that I will in turn increase my profit at around 40% and that profit will facilitate me to pay back the loan and help me to buy some besic items in the house .I will like to grow my loan until when I will reach to a place where I can buy a firm for my three boys who are Pevin Chemwa,victor muyale and the eldest being Humphrey Juma to build for them a house and stop paying rent.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$45.00
Date disbursed
Apr 20, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
United States
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Jake Gibson and Beverly Picardo
San Francisco, United States
United Kingdom
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Mary Apr 10, 2017
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