Name
Anthony
Member since
January 2015
On-time repayments
46 installments • 61%
My names are Anthony njoroge kinyua,born and grew in Nakuru town.I am 34years of age.i attended Menengai Primary and High School.I joined JKUAT for Diploma in IT and later on i furthered to Barchelor of Science in the same institution.
Through much support from my mother who is a single parent i have been able to complete studies and acquire much enterpreneurship skills.The already running business was passed to us,me and my mother by my late dad in 1995.Where i live,there is a relative high demand for middle class housng in our town.Thus, i have engaged myself to Constructing residential houses for middle class society. My unique hobby is housing and farming.In addition to this I have developed an interest in carwash business.
With the increase in number of cars in the town,there is growing need for car cleaning service....the activity which require minimal capital is small business which does not require much in terms of labour and assets. The main product here is a clean car, sparkling as new. Given the nature of our roads and current weather conditions, dry and dusty, Most vehicles get dusty and dirty thereby creating the need for car cleaning service.
My decision to start the service is based on the low running cost and the high demand which combined Brings in some good profit
It will cost me $40 per week to hire a washing machine, $10 per week to buy 1500 liters of water while $1.6 will be used to buy soaps and cleaning clothes. All this will service approximately 10 vehicles per day at a service charge of $2dollar per car,which translates to $140 per week.
I intend to raise more capital and purchase a car washing machine for the business.
Commercial Farming is a major practice at Subukia area which acts as the Food basket for Nakuru Town. The 2acre land yields 15bags of 90kgs of dry Maize per year which i sell at 21 dollars per bag.If i get the funds i would be able to lease 2 more acres at 4dollars each and increase the yield to an increament of 200% and more.This will also increase the opportunity to hire more labourers who assist me in cultivating the Land.I plan to invest the profits by implementing new methods of farming i.e. use of green house,drip irrigation equipments.
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Project Type
Classic Loan
Disbursed amount
$45.00
Date disbursed
Jan 13, 2017
Repayment status
On Time
Projected term
2 months
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