Entrepreneur
Name
Stephen
Member since
December 2016
On-time repayments
30 installments • 40%
About Me
i was brought up in apolygamous family where one needed to struggle hard for success.i attended primary ,secondary and tertiary education.after my shool i was employed by my uncle to sell clothing.After getting maried is when we embarked on our owm business.land is critical in our community in that you need to have aplace called a home. my two children all dream to be adocter and alawyer.my hobby is travelling.
My Business
I provide women fashion ware and juniors fashion ware.
these goods are always in demand as we we all know you cant seperate women and fashion,and children are born every day.I chose this business bacause this are non perishable and returns are high My costs include rent legal fees and salaries.
my profit are entirely for business expansion,reinvestiment.
Loan Proposal
The existing business has shown alot of growth since inception and there is potential of growth if i can get financial support from well wishers. the products that iam going to add as additional stock is aprime commodity during this cold season hence it will increase my sales numbers and grow my business. There is already market for both local market and visitors ,which is the main target group.
1.I will buy more stock,planning to buy bed covers which has demand at the moment [duves] total cost 200 dollars.
2. It will expand my business and also avail commodities to customers at available price.
3.My profit wil increase by 40%
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Loan Info
Project Type
Classic Loan
Disbursed amount
$7.00
Date disbursed
Feb 24, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Taiwan
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