Makanyanga Boutiques

Martin

Kitale, Kenya

100% repaid

Entrepreneur

Name

Martin

Member since

May 2016

On-time repayments

208 installments  •  40%

About Me

Hallo zidisha and lenders my names are Martin Makanyanga ,iam a Kenyan citizens ,I reside at nyoritisi area of kakamega county ,iam a father of two kids ,I was born in 1978 and iam the first born in the family of seven three brothers and four sisters ,my education back ground is I completed high school but was not able to join university due to lack of fees . my kids are now in primary school ,one in standard five and the other one in standard two ,one admires to be a pilot and the other a nurse when they grow up . my hobbies are travelling locally and watching movies

My Business

After high life was difficult ,I got em ployed in a steel milling plant in Eldoret where I was employed casually ,after I had saved some amount I decided to venture in cloth selling business because clothes are basic need and people must wear and being in remote area people finds it difficult to travell long distances thus I bring them near where I buy at wholesale price and sell them at retail prices and I earn a good profit which I use part for reinvestment , some to clear my kids fees and the other balance for small scale farming like maize farming

Loan Proposal

I will use USD 15 to add my stock and I will have a large and variety of clothes thus no customer will miss his or her size and with this I expect my profit to increase by almost 40% .with this profit I will reinvest in my business .I will then use USD 3 for maize farming so that I produce food for my kids and the entire family and lastly I will use the remaining balance of about USD 2 to clear my kids fees so that their schooling is not interuputed because of fees

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 22, 2016

Repayment status

On Time

Projected term

7 months

Other loans

Lenders

A

Anonymous

United States

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

Loading...

Loading...

Loading...