Name
Laban
Member since
January 2014
On-time repayments
269 installments • 23%
My name is Laban Kemboi. I hold a bachelors degree in Business Management. I am a father of two and we live in the Outskirts of Nairobi City(Kawangware) to get to this place one will board a bus No. 46 from the city Centre and alight at a Stage called "Coast". I am currently employed(Permenently
) by a company in Nairobi Kenya . I decided to start a business in order to generate more income to suppliment my earnings. The earnings from the business are used to pay for bills and also invest further.
My business entails selling of Groceries within the place that i live. My products are on demand since Fruits and vegetable are normally consumed on daily basis hence there is a steady and regular market for my products .My ability to repay the loan is Quaranteed by my Current Job together with the profits am currently making from the business. My business is doing well since i treat my customers well and provide quality service and goods at an affordable price.
For this case i would like to state that i will be using my salary to repay the loan as and when granted since i earn a monthly salary regularly and this will augur well with the monthly repayments.
Thanks team for granting me anothe opportunity to borrow another loan,in deed i have benefited a lot,
When I get this loan,it will help me improve on my Grocery project in the following ways;,buying of more stock that is fruits and vegetables am happy that through this small loan I will be able to see some of the followings the returns the loan will create; increased capital that will help me get a bigger and better returns.The returns will then help expand my shop by further increasing the number of items and also employ a few people. I need this support because I can't afford single handedly to meet full financial requirements of the farm due to many responsibilities against little income.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$172.00
Date disbursed
May 16, 2014
Repayment status
On Time
Projected term
8 months
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