Kennedy
Funyula Center, Kenya
27% repaid
Name
Kennedy
Member since
October 2015
On-time repayments
179 installments • 45%
My name is Kennedy Ogutu Oduori. I was born in 1988. I completed both my primary and secondary school successful and later underwent Certified Public Accountant course which i also managed and I operate as an accountant. At my place the land is not fertile as we don't produce enough food which makes us depend on business a lot. I have two children and would like them to become a doctor and an accountant. lastly i am a footballer and like to watch football.
I started my business last year which is a bookshop. I would like my business to expand since its a small business per now. there is need for books since it it a world of technology people and children are in need of studying at younger age and even at older age. i will have to provide reading books, office stationary, writing instruments and any other educative materials.
With four years experience in operating a bookshop, I have grown my customer base from the previous 10 schools to now 20 schools both primary and Secondary. I have also won tenders in supply of books and other reading materials for Early Children Education section of these schools
I want to use $50 of this money to increase my stock for the current bookshop and the remaining balance of $152open a new branch next to the school my Children go.
This will assure by customer of stock availability and help me meet all their need in regards to the Education of themselves and that of their children. Secondly, by opening branch next to the school, I intend to minimise the cost of transportation and also solve issues of emergency arising from school like filled books during lessons and exhausted pens. By doing this, I will maintain my bookshop's image and also improve my standard of living in this inflated economy.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$223.00
Date disbursed
May 31, 2017
Repayment status
Late
Projected term
25 months
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