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
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
May 22, 2016
Repayment status
On Time
Projected term
7 months
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