Osborn
Malindi, Kenya
100% repaid
Name
Osborn
Member since
April 2015
On-time repayments
215 installments • 85%
My name is Osborn Karema.
I am a class eight leaver. I did not make it to high school because of financial constraints.
I resolved to work with mumtaz company Ltd. I saved and started my business of supplyt loafs from mumtaz bakery to retailers.
I like our culture because it is aesthetic.
My future children will be leaned than me, that is my wish.
In my business i supply loaves of breads.
I like this business because it is paying. I earn almost $5.
I started with $100.
I would like to expand my business to reach more retailers.
By doing that I will increase my earning.
This will give me more customers.
If i get this loan i wil use it to buy even more breads for sell to the customers.
I require about $100 to expand my business.
About $50 will be for purchasing more products.
The remaining $50 will be for means of transportation as i always have to hire for motorcycle.
This will at least double my earnings.
It will also enable customers to have access to these goods especially those in remote Areas.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 27, 2015
Repayment status
On Time
Projected term
7 months
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