Name
Peter
Member since
February 2016
On-time repayments
19 installments • 68%
Iam Peter Wanjala,aged 28 years old.I grew up as first born in a family of five childrens.
My parents both were not working but depended on farming.Raising school fees was not easy.I had take care of our cows and assist them in farming to raise my school fees.
I completed Secondary in the year 2009.My uncle who unfortunately died gave me kshs 5000 to start a business.
I started a small business to help parents raise fees for my younger sibilings.It was not easy for a new start but as time went i started raising something small.
Selling Jackets
I do sell Jackets.They are too demanding especially during rainny season.
Jackets are not much seasonal.Everyone want to put on a jacket early in the morning and in the evening.
One bale of Jackets costs kshs 12000.In a month i requre like five bales but due to financial problem,i go for two bales.
I use the profit to pay fees for my younger sibilings,my kid and general home improvement.
First i will make sure i add stock however little it is.I will also make sure i pay school fees to my siblings.
If i get two jackets out of this,it will help me raise some profits to add on my stock.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$6.00
Date disbursed
Jul 30, 2017
Repayment status
On Time
Projected term
4 weeks
Other loans
Ask Peter a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.