Name
John
Member since
July 2012
On-time repayments
26 installments • 23%
I am 37yrs old married with four children of school going age. all in school.I have a form four level of education and i live and stay in ongata rongai an outskirt town of Nairobi. i started my business Five years ago to make a living after being in informal employment for some years where i was not able to support my family. with my monthly income of about 30000 i am able to educate and feed my family and support my parents.
I am a motorbike taxi rider where i ferry people from Kware bus stage in ongata rongai to and from their homes. there is high demand for such services as the homes are very far from the main road and bus stage and some interior roads are not accessed by cars. i have many customers due to my experience maturity and characters people trust me unlike my competitors who are younger than me. The business is profitable as the cost of running a motorbike are very law
I Want to start a charcoal selling business in ongata rongai Market.With the loan i have applied i shall be able to get a store and my initial stock worth 30000.And i shall be able to employ someone to be helping me.I have done research about this business and i have found its very profitable and the risks are very few . lenders if you fund my loan it will help me start this business and my income will increase and i shall be able to repay back the loans in good time. Thank you all.
Positive
18
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$495.00
Date disbursed
Oct 4, 2012
Repayment status
On Time
Projected term
10 months
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