Beeline hardware upgrade

Charles

Nairobi , Kenya

100% repaid

Entrepreneur

Name

Charles

Member since

March 2017

On-time repayments

74 installments  •  39%

About Me

Am Charles kariuki mwai...43year old kenyan businessman living and working in Nairobi. Am married and I have three children;a young man 20yrs old in college and working living on his own,a young girl 10yrs of age in class 2 and the last born also a girl 4yrs in kindergarten.

My Business

I operate a hardware store and cement distribution across the country. My store is located at Rabai road off Jogoo road next to Happy land School. My source of income comes from the sales of assorted hardware merchandise with average daily sales of between 500usd to 20000usd,sale and supply of building materials and
cement with monthly turnover of between 10000usd to 80000usd.I also farm parut time in loitoktok area on a 10acre farm with average profit of 500usd monthly and a rental property with a nett monthly income of 400usd.

Loan Proposal

I plan to extend my supply business to the whole of Kenya through additional stock uptake and fleet expansion in the next 12months. This will be made possible through partnerships with Zidisha and my bankers who have supported me so far by enabling me to acquire a brand new truck in August 2015 on hire purchase.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$55.00

Date disbursed

Nov 1, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

ads68

Melbourne, Australia

ibc123

Seattle, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

Daveycee

The Hague, Netherlands

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Kevin

United States

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