Michael
Gilgil, Kenya
100% repaid
Name
Michael
Member since
August 2015
On-time repayments
65 installments • 51%
i am a kenyan citizen born at nandi from a humble background, i undertake a diploma course in sales and marketing to which the same knowledge is enabling me run my current business. for now i am at gilgil trying to make ends meet, throughout my lifetime i have been dreaming of venturing into business to which my dream have finally come true, i operate i kiosk dealing with food stuffs and other home requirement. the business is viable as the demand for my products is high and the surrounding community are positive about my venture.
the business is dealing with food stuffs and many other kitchen requirements, the above product are in continuous demand as they are the basic needs that human being can't afford to leave without, thus increasing their demand.
i decided to venture in this kind of business as it is fast moving business and the return on investment is high, besides the start up capital is not too much as i started the business with only ksh. 10,000 and currently am foreseeing it growing beyond that input cost within a very short period of time as the current profits are beyond 40% per month. this profit assist me very much with the expanding of the business since all the profits are reinvested in the business.
the business is dealing with food staffs and many other kitchen requirements , the above product are in continuous demand as they are the basic needs that human being can't afford to leave without, thus increasing their demand.
i decided to venture in this kind of business as it is fast moving business and the return on investment is high, besides the start up capital is not too much as i started the business with only ksh. 10,000 and currently am foreseeing it growing beyond that input cost within a very short period of time as the current profits are beyond 95per month. this profit assist me very much with the expanding of the business since all the profits are reinvested in the business.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$101.00
Date disbursed
Oct 31, 2016
Repayment status
On Time
Projected term
6 months
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