Entrepreneur
Name
Marclus
Member since
April 2015
On-time repayments
69 installments • 68%
About Me
i was born in a family five being the third born.i took ma primary education in kamwimbi primary school.i then joined my high school too there at kamwimbi secondary.With my knowledge of electrical from high school,i does some little wiring for domestic thus i earn little during hardship.the little i saved during the wiring,i started just a little shop which has now grown to a big shop.i also do some irrigation project which also busted me in raising ma capital.i would like my children to get to high education since to my side i did not make it to get to higher learning institution since there was frees problem.i would like them to learn big business and make big profit.to my hobbies i like swimming, reading novels,listening to music /dancing and doing adventure to different part of the country.
My Business
i deals with food stuff,selling items in retail like sugar,flour,soap,and also plastic items.to where i have situated my business,there no may shops thus i have many customers.i took these business since there were no many shop in the location.The reason why i thought of these business is that it require very little capital to start down.The revenue i incur is of house rent and business permit.my profit am using it in other investment,e.g Boda boda[motorcycle].I have also started buying a market store thus i can avoid the house rent. In future am planing to start down a wholesale since the market is growing
Loan Proposal
Due to low supply of cereals in our locality, I will attain several sacks of maize.
since they are in great demand and the supply is low,the profit is quite high.
A section of the maize,I will make some maize flour to weigh and sell in little measures.
A little grocery also will also boast my business e.g cabbages,tomato's, potato's are also fast moving items.
The balance I will add some cosmetic since its a general shop.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 13, 2015
Repayment status
On Time
Projected term
3 months
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