Christine
Mombasa Kiembeni Estate, Kenya
$0 to go
100% funded of $15 goal
0
days left
Name
Christine
Member since
July 2017
On-time repayments
13 installments • 46%
About Me
i am in a family of four, i am an IT proffesional having a business at Buxton town in mombasa county where i run a cyber and an mpesa agent .I have two printers for printing, scanning and photocopying purposes. i started my business as a way of upgrading my economic status. i would like to increase my mpesa float and add more accessories to my business for example stationeries, I also sell cosmetics and hair pieces.
i do get a profit of 20,000 in a month after all the expenses are cartered for like rent, stock, electricity and small income too. the major risk is mainly power surges that mostly interfere with my machines spoiling backups. my business offers customers with fast and reliable services such as printing, I also have the latest softwares needed by my clients hence income is fast.my business if well stocked can pay the loan.
Loan Proposal
this loan will help me expand my business with stock that is normally used on a daily basis. the amount of money will enable me buy this items and will ensure that loan is repaid well in advance. With the customer number increasing, wish that will catch a good number that will enable my business grow by availing the items they need in advance.
although the amount is little, i will use it to increase my mpesa float, definitely this will help to increase commssion at the end of the month even if the profit margin will increase with small percent, but will be a great step.
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Project Type
Classic Loan
Disbursed amount
$15.00
Date disbursed
Mar 8, 2018
Repayment status
Late
Projected term
4 weeks
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