Name
John
Member since
April 2016
On-time repayments
229 installments • 20%
I was born in simat village uasingishu county and went to a village primary school and later joined high school in uasingishu county, I later went to kenya medical training college where i am still a studying for my undergraduate program. At high school i had fee problem but i overcame by selling farm produce from vegetables farm that i operated. After high school i started engaging in writing study booklets where i would sell them to secondary schools students and get a profit. I have passion in impacting on lives of teenagers from humble background through motivation
I engage in writing and selling study booklets to high school students. The study materials will help them improve their studies. I chose this business since have passion in impacting on lives of others. To print one booklet will cost me upto 1.5 USD and distribution cost covers approximately 0.5 USD making total cost to be 2 dollars. I sell a copy of one booklet at a price of 3 USD each hence making profit of 1 dollar per every copy i sell. On average i get profit of 100 dollars a month. I use the profit i get to partly pay for my college fee and save some for a bigger investment.
I will use the loan given to purchase more varieties of drugs for my chemist, this will increase my profits hence increasing my savings for future investments at the same time people within my locality will have ease access to medicine without incurring much transport cost translating to a healthy community.
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Neutral
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Project Type
Classic Loan
Disbursed amount
$293.00
Date disbursed
Mar 6, 2017
Repayment status
Late
Projected term
44 months
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