Buy sugar

Nicholas Kiambi

Ukunda, Kenya

100% repaid

Entrepreneur

Name

Nicholas Kiambi

Member since

July 2016

On-time repayments

39 installments  •  69%

About Me

I'm Nicholas kiambi Kaborio born in 1978. Am a born again Christian living in Ukunda south coast. Am married to one wife and bless with three children ,two boys and one girl. The boys are all in primary six and class three ,and the girl is in form three. I was born in meru and pursued both primary and secondary education certificates. I have worked with many companies eg. Valentine growers,mastermind tobacco Kenya Ltd and coastal bottlers Ltd mombasa .

My Business

I started my business in the year 2005 on July 14th. I started with a capital of Ksh 100 only. I also started with only one table and two forms in a corridor. My customers by then were all from meru and if I could denied any of them a credit ,the following day none of them could come until I could call some of them and apologies for that. I started with my wife and now I have nine people who depends on me. I thank God. I can now get a profit between 1500 -3500 a day. I sell to the local community. I also sell my food at a lower price. I started with a corridor and now I have two restaurants and well maintained. I have never relocated both residential and business premises, but I keep on expanding. God bless you.

Loan Proposal

Good morning and welcome to the mighty cafe ukunda. When you fund the amount i applied,i will buy sugar in a whole sale prices which will make a good profit to the business. This is because one kilogram of sugar cost kshs 120 in a retail price and kshs 105 in a whole sale prices. Which means i will save 15 kshs in every 1kg. God bless you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Sep 6, 2016

Repayment status

On Time

Projected term

7 weeks

Lenders

YB Song

Seoul, Republic of Korea

A

Andy

Berlin, United States

DR

Daniel R

Berlin, Germany

Jan

Netherlands

E

Elle

New York, United States

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