Entrepreneur
Name
Nathan
Member since
October 2017
On-time repayments
12 installments • 67%
About Me
Am Nathan Wanjala Ndege, I was born on 23rd of October 1987 as the fourth born in our family. I started my primary education in the year 1993 in nursery because by then we had no preunit, middle and top. I did my KCPE in the year 2001 and joined a high school in the year 2002. My high school education was too hard as I was being forced to walk for a bout 5km daily going to school. By the grace of God I was able to finish my form four education in the year 2006. There after life became too hard but through my hard work I became a hawker and because I was patient I managed to save slowly by slow that saw my life starting to change.
My Business
After form four, I started selling groundnuts and eggs in pubs, the small profit that I was getting I started a saving account since I had a dream of running a very big shop and also becoming one of the prominent business people in the country. After a year I was able to raise 20,000 through just savings, I started a small shop that was most selling phone accessories and slowly by slowly now I have an electronic shop that I run.
Loan Proposal
I will use this loan to purchase smart phone batteries which costs 4 dollars per battery and I expect to purchase 6 of them hence selling at 6dollars per battery. The this will increase sell on my shop since these batteries are on high demand as most of people now day use smart phone. The NHS my profit is expected to increase from 20dollars to 22 dollar per day estimated at the lower end hence this will enable me pay the loan on time, take care of my family and invest back.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$26.00
Date disbursed
Jun 9, 2018
Repayment status
On Time
Projected term
3 weeks
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