Stock increase
Mbatia
Machakos, Kenya
$0 to go
100% funded of $17 goal
0
days left
Entrepreneur
Name
Mbatia
Member since
April 2017
On-time repayments
9 installments • 0%
About Me
I grew up in Machakos town. Currently I'm in college at African Nazarene University, Nairobi campus. I started my business from savings for my upkeep and HELB loan for students. Our culture is traditional dance. I want my kids to be lawyers when they grow up. I love reading as my hobby.
My Business
I sell food stuffs to my fellow students. I started this business because of the ready and ever growing market. My running cost is rent payment and paying suppliers of food stuff. My revenue is about $100 monthly. I use the profits in reinvestment and personal upkeep.
Loan Proposal
I will use the loan to purchase more food supplies. This is because of the increased number of my customers and my current supply cant meet their demand. ($50). It will be helpful to me because I will make more sales and increase my profits. My clients will also be more satisfied because they will have more variety to choose from and there will be enough to meet their demand.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$17.00
Date disbursed
Apr 7, 2017
Repayment status
Late
Projected term
2 months
Ask Mbatia a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.