Nerbat
Nairobi, Ongata Rongai, Kenya
100% repaid
Name
Nerbat
Member since
July 2013
On-time repayments
102 installments • 81%
I am 27 yrs old married with three 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 37000 i am able to educate and feed my family and support my parents. I have a dream to improve myself financially as i know i have not fully attained my financial capabilities.
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 low and easy to manage as it deals with direct contact with the customers who are your employers.
Thanks once again for the loans you have been giving me. They have helped my wife now comfortably work in the milk shop than i opened using the previous loan who was otherwise jobless.
The milk shop has been going so well as i have now captured the supply of the whole neighbourhood.
I am planning to start supplying to schools and other institutions. I already have 3 schools for supply. However the have strained my stock for my shop leading to shortages.
The loan will help me take the business to wholesale to cater for the shortages and enough supply to other schools. I will add milk stock worthy 225 Dollars. The rest will remain to cater for emergencies and new supply deals.
Thank you once again for you support and influence towards enhancing my financial potential positively.
Kind Regards,
Nerbat Karani.
Positive
10
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$427.00
Date disbursed
Apr 13, 2015
Repayment status
On Time
Projected term
3 months
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