Name
John
Member since
January 2017
On-time repayments
66 installments • 80%
My name is John Gakonya , I was born and brought up in Nakuru town in a family of four,two boys and two girls I being the first born.My parents separated when we were still young and hence my mother took the burden of taking care of us.I went to menengai High school and by the grace of God I graduated although there was hardship raising fees from selling charcoal at umoja center.After High school I started a stationary business and typesetting since I learned computer study in school.This business enables me help my mother and my younger siblings.
During my free time I like to socialize with friends, go swimming and reading.
In my business I deal with selling stationary and typesetting.This services is necessary since there are schools in the center which act as my mean customers. Meanwhile I make $300 per month after paying all the bills I get a profit of $100.I use the profits for expansion and helping my family especially my younger siblings.
Thank you lenders for my previous loan. It really transformed my business a great deal.
When given this other loan I plan to renovate my cyber cafe so that it can accommodate more computers. I also want to do face lifting. I n so doing I believe my business will stand out above the rest hence more customers.
The estimated budget for the work is as follows:
Making the counters = ksh 20000/-
Painting. =Ksh 10000/-
Misclenous. = Ksh 3000/-
Labour. =Ksh 4000/-
Total. =Ksh ksh 37000/-
This upgrading will bring about a profit increase of 30%.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$285.00
Date disbursed
Mar 27, 2018
Repayment status
On Time
Projected term
3 months
Other loans
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Helen Horseman Jun 14, 2017
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