Entrepreneur
Name
George Siko
Member since
August 2012
On-time repayments
121 installments • 81%
About Me
My name is George Nyakundi Siko . I am a family man with five children.
I come from Bahati area as you travel along Nakuru/Nyahururu road as you reach Jomo Kenyatta High School you go to the next stage called Mwisho wa Lami. You alight at that stage and just ask for George’s Shop you will also see the shop on your right hand as you alight. The plot is in the shamba plot no2625.
I was born in Bahati area where I started school in the same area , in a school called Ourlady of Fatima Primary School. After completing my education I started helping my parent in farming business and then I started small business which have grown to a big business today. when I started the business I could sometime fall short of the commodities but I used to even travel far and wide to look for the missing commodities e.g maize or maize flour.
My Business
I have a shop where I have stated at Mwisho wa Lami stage. I sell different types of commodity rage from food stuffs and other goods. I get about 25000 per month and annually is about 300000. I also do farming where I get about 200000 per year. So the total annual income is about 500000. I use the amount to buy new stock for the shop pay school fees for my children and also pay for my other bills.
I operate a general shop where i live at Mwisho wa lami . I sell different types of commodities e.g. food stuff like maizee flour , all types of cereals and other house hold goods. With the profit i get from my business i pay zidisha loan , pay school fees for my children and last time i bought i motor bike and also i use the remaining for home improvement.
Loan Proposal
given the loan i will use it add items in the shop as follows:-
Maize - $ 500
Beans - $ 500
total $ 1000
with this items i look forward to increased profit as i will be able to supply my customers conveniently.
the additional amount and the money for transport will be from my savings .
thanks to all lenders and zidisha family for your support to my business
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$950.98
Date disbursed
Jun 4, 2019
Repayment status
Late
Projected term
10 months
Cost to entrepreneur
Service fee: $37.75
Credit risk payment:
$226.52
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