Entrepreneur
Name
Sheldon
Member since
September 2015
On-time repayments
182 installments • 53%
About Me
I grew up in a middle class family that highly valued education so my parents prioritized fees in their budgets to make sure I was never chased out of school in my entire school life.
I made a decision to start business after being employed for 5 years after learning how companies operate.
Kenyan culture is a unique one due to determination and undying spirit my fellow countrymen possess in everything they persue.
Unique hobby I have is playing table tennis in my free time.
My Business
My business involves supply and consultacy of wireless networking equipment,surveillance cameras and Internet related services.
Internet services are high in demand as most businesses run their day to day operations online hence they are somehow inevitable.
I chose this business because I have a passion in offering technological solutions and I dont struggle learning new techniques.
Typical costs are purchasing inventory,shipping and customs fees.
Most of the profit we reinvest back to business.
Loan Proposal
I will use the above loan to pay Import Declaration Form fees around 90$
This will benefit us in clearing some goods held at the port in time for us to deliver upcoming projects to our clients
We expect profit margins of between 25-35%
Feedback
Positive
4
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Oct 2, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
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Peter Waldie Mar 27, 2018
camilberlin Mar 19, 2017
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