Business expansion

Daniel

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Daniel

Member since

August 2017

On-time repayments

14 installments  •  50%

About Me

My name is Daniel Karanja,a prolific businessman in Nairobi.Am a holder of a bachelor degree in Economics from the university of Nairobi.Married with two children though i acquired one through adoption.i was able to start my business through funds that i had saved while i was in the university since i used to practice modern day agriculture.my farm was well managed and cultivated thus it provided my fees and also for the savings.through a very humble beginning,The business has grown with time.after paying taxes,i use my profits for reinvesting in the business,school fees for my children as well and at times i visit various children homes and give my support even though little.i started my business with a capital of Ksh 40000 and it has grown with time and is now worth Ksh.383000

My Business

it's an upholstery business where I sell fabrics,cushions, mattresses,webbings, fiber,foam chips,sofa legs and shoe tacks as well.the business is our main source of income though I do practice agriculture upcountry which also brings more income

Loan Proposal

If am granted the loan,I will use it to expand my business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$57.00

Date disbursed

Sep 5, 2017

Repayment status

On Time

Projected term

13 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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