David
Kalyet, Kenya
100% repaid
Name
David
Member since
December 2016
On-time repayments
28 installments • 25%
I'm a Kenyan entrepreneur,dealing in general merchandise. After a very challenging childhood coupled with tough economic times in our country,I started by selling tree seedlings and keeping money in a tin at home. But as I talk atleast I'm somewhere,just needing financial boost to take advantage of booming business.
my business as indicated is in general merchandise, comprising clothes,shoes,food items, utensils and a cyber. I have come to realize that having a general shop is the best ever,as customers have an opportunity to buy several products at the same point,it's more of a one stop shop. The convenience of shopping at one point really attracts customers and also helps retain them as well.
I will use the loan to purchase printing papers as they are the most useful in my cyber.I buy a ream of such papers at ksh.450 but i normally make a profit of 600 after deducting the initial amount. This will boost my working capital and therefore I will be able to take my business to a new level.,....................................................................................................................................................................................
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
May 6, 2017
Repayment status
On Time
Projected term
6 weeks
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