Add more milk and expand the shop space

Nerbat

Nairobi, Ongata Rongai, Kenya

75% repaid

Entrepreneur

Name

Nerbat

Member since

July 2013

On-time repayments

102 installments  •  81%

About Me

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.

My Business

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.

Loan Proposal

Hello Lenders,
I take this chance to thank you for the loans that you have been giving me. They have real proofed to be life changing and very helpful to me and my fanily. As a motorbike operator i am able to subsidize my revenues thanks to the milk shop i opened with the loans you gave me.
With this loan i will add milk inventory of about 300 dollars. I will also use about 100 dollars to expand my shop space and put an extension where my customers will be drinking from. This is because i had been having a problem with the customers who dint want to carry their milk home. With this, i am anticipating good returns and maximize my shop.

Thanks once again and may God bless you

Nerbat Karani.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$590.00

Date disbursed

Sep 16, 2015

Repayment status

Late

Projected term

8 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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