Entrepreneur
Name
Wanjiru Mburu
Member since
September 2012
On-time repayments
11 installments • 27%
About Me
I am a married woman with 4 children. 2 are grownup and two are in high school in the area. i live in kiptagwanyi center where i have a business of a shop in the area. i live in plot no 1970. kiptagwanyi is about 43 kilometer from Nakuru and about 150 kilometer from the Nairobi city. this plot is where i live with my family and also it is where i have a place where i operate on a shop, i am along catholic church road and also near kongasis road
My Business
my shop en tiles food commodities and cereals.they prefer my business because i sell cheaper than the others.the business is profitable because of high returns.the risk that I face is competition from other shops after they note that i have many customers because my commodities are cheap thus i am forced to go and collect my goods from the main distributors. i normally experience transport cost and where i can get quality goods.
Loan Proposal
dear lenders i will repair my lorry because it has breakdown at this time and i have many order of my product from the surroundings school.adding to the money i have i will be able to buy a new engine which will cost about 100,00 and because i have the remaining money i know if funded i will be able to accomplish the order and i will make money in that
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$498.45
Date disbursed
Oct 4, 2012
Repayment status
On Time
Projected term
12 months
Cost to entrepreneur
Lender interest: $498.45 at 4.60% annual rate over 12 months = $23.57
Service fee: $17.87
Lenders
Colorado Springs, United States
Colorado, United States
Ask Wanjiru a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...