Peter
Kiambu, Kenya
8% repaid
Name
Peter
Member since
February 2015
On-time repayments
120 installments • 8%
Am Peter Mbugua born in 1972 married and a father to four children in githunguri kiambi county. born in a family of 6 i was able to learn in my primary level up to secondary school (O) level education. After completion of my school education , i was not able to continue for further education thus i started selling charcoal in my home area. Later i stated this business of beauty after getting small amount of money that i had raised after selling charcoal and i was able to but some few cosmetics and some hair braids fro the same purpose. The place where i located my business is a rental place just along where i reside and am happy because i have no that much competition for the same business. my family take it very positively and they support me very well.mostly when am free i like swimming as my hobby and reading .
In my business i do supply original products form wholesale shops and supermarkets where by most of my customer has no complaints on on my products . this product are on demand because about 90 % of women in urban areas has to use these products in dairy basis .i choose this type of business because it have no much competition on the area i located. This business make me to have an amount of ksh 10,000 in monthly basis.i use the amount earned to invest my stock and also my upkeep with my family.
In-case i get this fund i will utilize it to buy some cosmetics which are worth worth 33.4 dollars and hair braids worth 29.8 dollars and the rest amount of money i will use to renovate my business building which has some places which are not in stable position amounting 28.8 dollars.this stock will raise my income and i will be able to cater for my big population of of my customers. I expect to have a good profit amounting to 77.8 dollars monthly which will increase from 55.6 dollars which i have been getting in the passed.
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 12, 2015
Repayment status
Late
Projected term
28 months
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