George
Zebra Estate,githuguri Location, Machakos County, Kenya
60% repaid
Name
George
Member since
January 2013
On-time repayments
191 installments • 53%
I was born in the year 1982 in Muranga County, I join a primary school called Mbari Ya Hitii Primary School where a did my primary level education very well but I did not go to high School because of lack of School fees and started my business as a hawker in the year 1988 . and now am a businessman operating a wholesale business and a shop, am married with two children. One boy and a girl. My daughter is in primary school in class five and the boy is in class two. I am working very hard to provide for my family basic needs such as food and good Education.
My business is of selling merchandised goods both wholesale and retail. In my blessing shop I sell good like sweets, soaps, detergents, cooking fats, maize flour, wheat flour and many more goods, I also owner two motor circle where I have employed two people who work for me. I supply goods to all the shops in Zebra Estate and the surrounding areas. My dairy sale is Kenya Shillings fifty thousand shillings per day making a profit of Kenya shillings four thousand shillings per day after all the expenses and the business gives me a profit of Kenya shillings two thousand only
I kindly request a loan to expand my wholesale business and convert my shop to a mini supermarket/ self selection store. I will use Ksh 140, 000 to buy more merchandises such as foods stuff, cereals, sugar, detergents and many others households goods from local distributors and manufacturers in bulk to enjoy good trade and cash discounts the balance of the loan I will use to convert my shop in to a self selection store and stock it with more products for customers to choose from . This will increase my daily sales by 50% thus I will get more profit.
Positive
7
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$2,495.00
Date disbursed
Dec 14, 2015
Repayment status
Late
Projected term
27 months
Other loans
Ask George a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...