Charles
Kiganjo Thika, Kenya
100% repaid
Name
Charles
Member since
April 2014
On-time repayments
56 installments • 27%
I am 29 years old married man from nyeri county , tetu division , kimathi location ,ngooru village and a residence of thika in kiambu county where also happens to be my work place. I completed my high school education back in the year 2004 and went for further studies at nyeri technical college where I studied diploma in sales and marketing for two years. After completing I joined the aberndares maize millers for internship and after completion was employed by the same company as sales person where I developed the passion for business and started my own after working with them for four years. And which deals with sales of mobile phone accessories/ electricals in a stall and which I run up to date
I engaged in business in the year 2011 with the small amount that i had saved from my previous employment and started a small business of selling assorted and mobile phone accessories in a coridor at makongeni in thika where i saw as a business hub.
I started with a capital of KSHS 30000 that i used to stock my shop n to rent the coridor which costed me KSHS7000. after being reffered to this micro-leading community, things are working extremely good because through the first loan i was offered i ave managed to move from a corridor and rented a room in the front face of the town and now the business is doing good due to the visibility of my shop by the new customers who never new whether a shop like that do exisist
When i will be granted this loan by the lenders, it will help me to purchase some models of mobile phones at cost5 of $100 and the remaining amount will help me to add more accessoris which are a boost to my business which will make me generate more income that will expand my business more and more and improve my living standard. it will also create an employment to someone and encourage more people
Positive
None
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jun 5, 2014
Repayment status
On Time
Projected term
7 weeks
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