Nicholas Kiambi
Ukunda, Kenya
100% repaid
Name
Nicholas Kiambi
Member since
July 2016
On-time repayments
39 installments • 69%
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 .
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.
When you lend me the amount, I will buy cooking oil at a whole price which costs kshs.1200 per 10 kgs ware 1 kg on retail prices is kshs. 130. After use I also sell the bucket at 100 kshs. Per day I use over 16 kgs of oil. God bless you all.
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Project Type
Classic Loan
Disbursed amount
$40.00
Date disbursed
Dec 31, 2016
Repayment status
On Time
Projected term
6 weeks
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