Cosmetic shop

William

Nairobi, Kenya

100% repaid

Entrepreneur

Name

William

Member since

July 2017

On-time repayments

12 installments  •  42%

About Me

my name is William Siwa a husband. of but one wife and two children, 9 and 12 year old. I currently reside on Kenya.

My Business

I'm currently running a restaurant for the past 6 months . it's slowly picking up with the possibility of growth in the coming much. we have no specialities but our focus has been on local Kenyan dishes with lunch beingbthevkey driver.

Loan Proposal

I intend to use the loan to purchase the stock, in this case fragrances. I have sold a few and the returns on this particular line fragrance is quite lucrative.

Expected Revenue 850.00
Cost of Goods sold 350.00
Margin 500.00
Selling and Admin Exp 200.00
Net profit

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Oct 12, 2018

Repayment status

On Time

Projected term

2 weeks

Lenders

Cloudways

Malta, Malta

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  • William    Dec 25, 2018

    The last loan was quite helpful.Helped a lot in meeting the little day to day operational costs that keeps the company running behind the scenes.

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  • William    Oct 10, 2018

    The loan advanced has made a big difference. My working capital has improved and the business is close to being self supportive.

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  • William    Sep 26, 2017

    Dear All

    Thank you very much for the support. I will definitely come back with some good news.

    Cheers

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