Purchase of inventory materials

John

Kikuyu, Kenya

100% repaid

Entrepreneur

Name

John

Member since

January 2014

On-time repayments

20 installments  •  20%

About Me

Am self employed seeking for funds to improve our business. We deal in export of fishing related items and we are seeking to get a loan to boost our fishing flies supply. We shall ensure we pay on time all our loan.

My Business

My Fly Business is my source of income and its where the proceeds towards loan repayment will be derived. I have an approximate turn out of around 75K per Month ( Around 900USD in months where the business is good.The business operates throught the year therefore the flow of income is continuous. Clients prefer the products from us because they are of best quality and better priced. The only challenges we face is a little competition from other suppliers. With this loan, it will help boost our production capacity.

Loan Proposal

I need this loan to help me put more inventory in my business and maximize profits. More materials are needed for my fly tying business and lending me this amount will go a long way in expanding my business scope of operation.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Sep 17, 2018

Repayment status

On Time

Projected term

1 week

Lenders

Seppo Ruohonen

Vantaa, Finland

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  • Geoffrey    Feb 26, 2019

    hello,wanyonyi has not been answering my calls,but have talk to his brother (ANDREW) and has promised to follow up the matter.

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  • John    Jan 3, 2019

    Thanks

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  • John    Nov 29, 2018

    Low Sales

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  • John    Oct 16, 2018

    Thanks so Much Emily, Miguel and Seppo,. I appreciate so much for your loan. This will go much way in boosting my business

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  • John    Oct 15, 2018

    The last loan was so helpful to me. We increased our business stock with materials and we thank so much on our lenders for the support. Thanks again!!

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  • John    Oct 2, 2018

    Thanks Bing-Shu Pan for your Loan. I appreciate so much.

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  • John    Oct 2, 2018

    The last loan helped me a lot as we purchased the fishing flies material and our production increased by over 35%. Much thanks to the lenders who offered me.

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  • John    Sep 16, 2018

    Thanks so much Seppo Ruohonen. I appreciate so much for your Loan. This will do much in my business and I appreciate.

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  • John    Sep 16, 2018

    Thanks. For this Loan, I need to invest solely in my fly tying business. To buy materials we use for the fly tying (Products used for Sport Fishing)

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  • nikko    Sep 16, 2018

    Hello John,
    Could you clarify exactly what you want to spend this loan on?
    Im confused, as in one sentence you mention it goes to your fly tying business, and the other its going to your poultry business.
    Maybe its for both?

    Your quite new to us as lenders, so its helpful for me / us to understand what exactly you sell or services you provide.
    This helps us to understand your current circumstances better.

    I hope you see my coments and questions as positive. I only hope for all success for you.

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  • John    Sep 16, 2018

    Last loan helped my business so much and I am appreciating everything every lender is giving me. Much Thanks.

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  • John    Sep 4, 2018

    Thanks so much for every lender who has made an effort in supporting me. I appreciate so much in expanding my business.

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