Entrepreneur
Name
Kennedy
Member since
January 2018
On-time repayments
29 installments • 69%
About Me
I'm Kennedy Wanyonyi Barasa from Bukembe market between bungoma webuye highway near mosque on your way to chekulo,i live opposite fanaka bar and restaurant plot name Blessed Crisco house
My Business
my source of income is that I'm a truck turnboy we transport Molasses inside the country and outside the country we go to Uganda,my second source of income I have a shop in bukembe which is doing well and I want to expand it.
Loan Proposal
I will use my loan to buy 2 bags of 50kgs maize flour which costs 22dollars per bag and I will sell each bag at 25 dollars making a profit of 3dollars per each. since its planting season, it will be a great opportunity for me to expand my business as the flour is now on high demand. I expect to make a round 12dollars from the sell of this product hence increasing my daily profit to 36 dollars, this will enable me pay back my loan on time, improve my business and also take care of my family.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$44.00
Date disbursed
May 23, 2018
Repayment status
On Time
Projected term
5 weeks
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