Entrepreneur
Name
Peter
Member since
October 2012
On-time repayments
33 installments • 42%
About Me
i am a husband of one wife and two children ,one is in school and the second is young or baby.i live in kiptagwanyi center plot no 100.kiptagwanyi is about 43 kilometer from nakuru,nakuru is the major town in this area.in this plot is where i have a cereal store where i keep my cereal after buying from the farmers around here and in the village out of kiptagwanyi
My Business
my business entail in cereal buying and selling far from here, like in ukambani where there always get drought, not only selling but also to help the family who are there and cant access the cereal from where there is cereal because of poverty. the business is profitable and the demand of my product is very high in that area.the main challenge is high price of the lorry to transport the cereal to that place and also poor road in this area like when it is raining making the road impassible, high price of live in this country.
Loan Proposal
dear lender i want to add more cereal in my store because at this time farmers are selling cheaper because of everybody having the same kind of cereals and it is the money he or he have been waiting to buy something, and also the lorry that came from far are not available,but for me i will wait for about one month and the price will came up, that is when i will sell and get profit in that way
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Oct 25, 2012
Repayment status
On Time
Projected term
12 months
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