Mathew
Kitui, Kenya
$0 to go
100% funded of $32 goal
0
days left
Name
Mathew
Member since
July 2017
On-time repayments
33 installments • 0%
I am Mathew Mulinge from Kitui county. I went to Masaku primary and later joined Kitui Boys High School. I attained C- in my high school and did not proceed to college. I am an orphaned and i could be a burden to my sister and brother because they are still in high school. My aunt came up with an option that i either proceed to college and my sister and brother drop out of school or i surrender and giving in was the only option. Many people around me do drinks and that is why i choose to venture in selling alcohols and cigarettes. I was a footballer n football is in my blood and bones.
I want to expand my drinks and alcohol business by opening up a club. Most People in Ukambani like partying and i want to be their intermediary to success of their lives. The goods are in high demand in festive seasons only but it has nowadays extended to be important in all seasons. I choose because potential customers are many.The typical cost of expanding my premises runs at about 30000 KES and the revenue it pays is as much as 80 % profit. I plan the loan to fund my children education and to reinvest for future
i will use the loan to increase my stock, purchase more chairs. i will also use it to buy a large curved screen to entertain my customers.I will also hire a constructor to renovate and pimp the roof and the floor with the loan
Positive
None
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$32.00
Date disbursed
Jul 12, 2017
Repayment status
Late
Projected term
7 months
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