Name
Samson
Member since
January 2015
On-time repayments
74 installments • 55%
Am a male Kenyan citizen currently doing small business of selling women and men cloths in various towns in Kenya. When i started this business i had a lot of challenges in bringing more customers and also to have more capital of adding more cloths. Challenges in this business is so many because sometimes you can take a bale of cloths thinking that your going to get good cloths only to realized that the cloths inside there are not good so you ended up you sell at a thrower or lower price.
About my business i have many competitors but customer like me because of the quality of my products. At the moment i still having a rental shop whereby i pay every month
1. Details about my business, my customers likes me because of the quality of my products. I don't own any building, Kiosk or Stall i pay for rent every month for my business. I have many competitors around me that are also selling the same product, my customers benefit more from me because i sell the product at a lower price and also selling good things. The loan have requested part of it will help me to add more products and also on idea to pay at least rent for at least 6 months in advance, basically all the loan will add more cloths and rental.
The loan am taking is to add more stock to my business and also to introduce other products such as weives, saloon and many things. Business is something that goes slowly but when its pick its nice to introduce other things following to the demand on where the business is allocated. Am working on adjusting the rental so that i may have bigger house whereby can accommodate all my products
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$81.00
Date disbursed
Apr 22, 2016
Repayment status
On Time
Projected term
2 months
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