Name
Rosemary
Member since
August 2018
On-time repayments
8 installments • 63%
am a business man located in timau meru county and a father of one.My house is located in the same place where my business is.I have built my own store where i sell variety of products without paying any monthly rent.Ialso carry out variety of activities because i own a motorbike that also suppliments my business activity,The motorbike is used to transport some small goods from the store to clients or to the main store in particular.Ihave been lucky to have gained some profits some months ago although i intend ton increase the size of my store to acquire more profit.
My business has been stable for the first 3 years since i opened it.Having one of the largest stores in town am privileged to have quite a number of customers and one worker who assist me in my day to day business.Imake approximately 12000 shillings profit every month after the normal deductions necessary for the running of the bussiness.Ialso own a motorbike that suppliments my earnings whenever the martket is not well.The motorbike earns 300 shillings on a daily basis and approximately 7000 every month.
I have been sewing and selling clothes for more than two years now. The market has been favourable since i started my job. I thereby would like to purchase new sewing machine in order to start making the new model of clothes in town and maximise the profits i get. Therefore, the loan will be helpful in buying the new machine after adding my monthly savings to the amount i will be given. I wiil there after increase my business to suite more customers than before.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$14.00
Date disbursed
Nov 2, 2018
Repayment status
On Time
Projected term
3 weeks
Other loans
Ask Rosemary a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.