Francis
Mombasa, Kenya
100% repaid
Name
Francis
Member since
December 2017
On-time repayments
144 installments • 53%
I was born in a family of 6 children due to poverty I'm only child who managed to go to secondary due to good performance,unfortunately my father passed on as soon as I finished form four, being 4th born in our family and only educated I had no other alternative other than to look for a job to rescue my mother whose work was to sell charcoal to the market, I got a job in one of busy electrical shops as sales man,my skill s were high due to physics and commerce know how from high school .due to good interaction and honest to my clients,they advised me to open my own business they will promote me!
From my little salary of ksh 8000 I managed to save 50 thousands and 10 goats, after working for 5years have started my electrical shop business but the challenge I'm facing is finance,goods are in demand but low supply
I will buy 25pieces of4way extensions [email protected] dollars (ksh 300)and sell each @5.82dollars(ksh 600),making a profit of 2.91 dollars,these extensions are durable and on high demand due to Capability to withstand high temperature, clients who like are cybercafe owners,college students,welding factories and domestic where heavy appliances are used.the grad total profit of 25pcs is 72.75 dollars
Which is equivalent to72.75 dollars
Aug 11, 2021: My business, my heartbeat
Positive
5
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$79.00
Date disbursed
Jul 30, 2018
Repayment status
On Time
Projected term
5 months
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julie Feb 8, 2018
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Francis Jul 27, 2018
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