Allan
Nakuru, Kenya
3% repaid
Name
Allan
Member since
December 2017
On-time repayments
87 installments • 17%
I grew up and schooled in Nakuru and am still based in Nakuru where i run my business of making cushions for five year My dreams is to see my business expand. Back in my younger days i always dream t of becoming an entrepreneur and through school life in to adulthood there is nothing i have dream t about more passionately than becoming an entrepreneurial and successfully so. This has propelled my dream and passion to be what am today.
I have operated a business of making cushions for five years.
I decided to do this business because of monopoly and there is a good market for the cushions here in Nakuru. My biggest challenge is capital to boost it and move to the next level. My goals is to expand this business . Am proud of this business since i do it with a lot of passion and commitment with an intent to succeed. In a month my profits hit $ 60 and i use the profits in business expansion and cater for my family daily needs
I will be using this loan to purchase materials for making cushions and employ one person to assist me in daily work in the business. Orders for cushions have increased and I hope this will help me to be fast in my work.
The materials and cost of paying for one worker will cost me $ 240.
My hopes and dreams for the future are to expand my business and to get a permanent place to settle the family near the business.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$275.00
Date disbursed
May 4, 2018
Repayment status
Late
Projected term
19 months
Other loans
Ask Allan a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Richard Griebe Mar 21, 2018
Allan Mar 25, 2018
Joshi Mar 21, 2018
Loading...