John Onyango
Nairobi, Kenya
100% repaid
Name
John Onyango
Member since
October 2016
On-time repayments
27 installments • 85%
I was born in Bogeta village village in Kisii county. I was humbly brought up by my parents. After my form four education i started doing business from simple savings i made from my first job. To make matter worse the business dint pick up but i managed to raise another savings which i started another business. The business has been doing well. The surrounding people are friendly customers and they support me very well. I would like my children to grow in a friendly environment and for them to be successful in their education i have to work hard.
I run cybercafe in which i want it to grow farther to become an IT institution . A way from my monthly expenses i make $400 to $500 monthly. I have two employees. I would like to open more branches and create more employment. The profit has enabled me to pay school fees for my kids and my younger brothers and sister who are in school. I save the remaining profits in a micro-fiance bank for i want to expand my business in future and venture into another business
Due to an increase of customers, am raising capital to buy enough printing materials in my cyber and this will enable me to meet the demands of my customers. Thus if i reach the customer's demands, therefore it means i will make more profit.e
One bail of printing costs $5.5 and i need eight bails which goes for a total of $44. I have managed to raise $30.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Sep 5, 2017
Repayment status
On Time
Projected term
6 weeks
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