Clothing shop

Simon Njenga

Nyahururu, Kenya

4% repaid

Entrepreneur

Name

Simon Njenga

Location

Nyahururu, Kenya

On-time repayments

183 weekly installments  •  100%

About Me

My name is Simon Njenga.I was born in 1981, in Githunguchu village Nyandarua county.I went in Githunguchu primary and later joined Githunguchu secondary school. My children hood life was very tough. but after school I started a small business in the nearby town. where i was given $10 by my older brother to start a business. I have been in the business for about 10 years now. Im paying a business permit of $80 in Nyahururu town where i locate my business at the moment.

My Business

my business is in Nyahururu town laikipia county. I have managed to build a good relationship with my customers so I usually gets a good profit. I use my profit to pay my children's school fees and grow my business by adding more stock. also I improve my home where we live with my family, but most importantly I still share the profit by the society by buying a nearby childrens home Shoes and clothes. I support the children homes to in laikipia county.

Project Proposal

Once I receive my loan I buy men sports shoes.A dozen cost ksh 12000. So each cost ksh 1000.so in a dozen I will make a profit of ksh 400 in each shoe that is ksh 4800in a dozen. I take ksh 60000 and buy 50dozen. So I will make ksh24000 in above amount.
Next I will buy ladies shoes adozen cost ksh9600 each shoe cost ksh800.I make a profit of ksh300 in a pair. I take ksh 38400and buy 4 dozen. So I will a profit of ksh14400.
Lastly I buy men jeans. Adozen cost ksh9000. Each cost ksh750.I buy 3 dozen costing ksh27000.I will make a profit of ksh ksh250 in each pair so in 3 dozens I will a profit of ksh 9000.

Feedback

5

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Project Info

Project Type

Pay It Forward

Disbursed amount

$1,292.42

Date disbursed

Dec 3, 2021

Cost to entrepreneur

Service fee: $258.48

Optional expediting fee: $323.10

Backers

A

Anninymouse

Southampton, United Kingdom

Kitty

Hailsham, United Kingdom

H

hilde

seattle, United States

D

Divergent

Bethesda, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

JTShorty

Gorham, Maine, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

George Mogaka

Kisii, Mwanyakundi Village, Kenya

MrMichigander

Marquette, United States

Rahab Nyambura

Kizito, Kenya

Moses Otiende

Nairobi, Kenya

Dave Bogard

New York, United States

Karijn

Amsterdam, Netherlands

Franmiguel

Perth, Australia

Lazarus Lwoba

Nairobi, Kenya

Kate Courteau

United States

Kevin

San Francisco, United States

I

Ian

United Kingdom

Carla

Amsterdam, Netherlands

Christine Wawira

Nairobi, Kenya

I

isaac

United Kingdom

Ivy Marani

Kakamega, Kenya

Sinan Taifour

Munich, Germany, Germany

Timothy Ngui

Nairobi, Kenya

Francis Mbewe

Chipata, Zambia

Richard Benyon

United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

NH

Nancy Hull

United States

Titus Chepkwony

Eldoret, Kenya

JF

J Fister

United States

Jackline Akali

Kakamega, Kenya

R

RMIM

United States

Susana Kabir

Navrongo, Ghana

Anthony Thata

Nairobi, Kenya

Nick Studenski

Minneapolis, United States

Ryan Agnew

Australia

Chisha Mwansa

Lusaka, Zambia

Edwin Macharia

Embakasi, Kenya

Gilbert Ombongi

Embakasi , Kenya

alexalexalex

Berlin, Germany

Eliud Kimani

Ongata Rongai, Kenya

GF

Gammon Family

United States

Jude Wabwire

Kitale, Kenya

Paul Adakole

Lagos, Nigeria

Ifeanyi Okafor

Lagos, Nigeria

Tessy Eze

Calabar, Nigeria

Magua Martin

Zambezi, Kenya

H

HJ

Switzerland

Black and White Zebra

Vancouver, Canada

Utahna

United States

Sadia Hussein

Nairobi, Kenya

Ezekiel Amisoh

Nyinahin, Ashanti Region, Ghana

Martin Asante

Accra, Ghana

Rajesh Tiwari

Accra, Ghana

Y

Yaser

Germany

Aurelka Mwangi

Nairobi, Kenya

Solomon Odiero

Nairobi, Kenya

Yeboah Obed

Techiman, Ghana

Peter Shawa

Chipata, Zambia

K

KM

United States

Mercy Adede

Nairobi, Kenya

Musembi Peter

Kithuki, Kenya

Isaac Abitey

Accra, Ghana

Alice Gitonga

Nairobi, Kenya

Peter Onunga

Mombasa, Kenya

Daniel

New York, United States

The Call Family

Salt Lake City, United States

Rose Boateng-mensah

Techiman, Ghana

Peter Mumba

Lusaka, Zambia

Isaac Osafo

Koforidua, Ghana

Joseph Wairegi

Nakuru, Kenya

Jonas Smart

Accra, Ghana

Jolaosho Folorunsho

Portharcourt, Nigeria

Francis Hackman

Abura Dunkwa, Ghana

Ask Simon a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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