Entrepreneur
Name
Simon
Member since
September 2017
On-time repayments
225 installments • 89%
About Me
My name is Simon Njenga.I was born in 1981, in Githunguchu village Nyandarua county.I went in Githunguchu primary and later joined Githunguchu secondary school. My children hood life was very tough. but after school I started a small business in the nearby town. where i was given $10 by my older brother to start a business. I have been in the business for about 10 years now. Im paying a business permit of $80 in Nyahururu town where i locate my business at the moment.
My Business
my business is in Nyahururu town laikipia county. I have managed to build a good relationship with my customers so I usually gets a good profit. I use my profit to pay my children's school fees and grow my business by adding more stock. also I improve my home where we live with my family, but most importantly I still share the profit by the society by buying a nearby childrens home Shoes and clothes. I support the children homes to in laikipia county.
Loan Proposal
I will make sure when i get the next loan i will add more stock in my business.In my business i deals with selling shoes and cloathings. I will buy converse shoes which cost ksh12000 for dozan which will give ksh400 profit each. Also i will add men jeans and shirts. Men jean cost ksh700 each. Igets ksh300 per pair of jeans. So in ksh30000 i can make a profit of about ksh8000to 9000. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$198.00
Date disbursed
Nov 1, 2017
Repayment status
On Time
Projected term
5 weeks
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