David

Githunguri, Kenya

100% repaid

Entrepreneur

Name

David

Member since

March 2012

On-time repayments

83 installments  •  35%

About Me

I am David Kori. I mainly live in Embakasi Utawala with my wife and children. I am a businessman running a general shop where I sell goods for domestic consumption. I started this kind of business to help the people living around so as to ease them from walking long distance going to the center which is almost 3KM away to get domestic goods. this business has helped my family and it has enabled me to pay the school fees for my children. I have a dream to expand it and make it a big business which can employ many given to the fact that most people in our country Kenya are Jobless. this will be of economic health both to me and the country as a whole.

My Business

I mainly run a general shop where I sell Domestic goods to the people living around Embakasi Utawala Estate. I started this kind of business because was an upcoming estate and the influx of people to the area is generally high. This place is mainly resided by both the middle class people and lower class one. the place is also secure due to the presence of both the military and Administration police camps in the vicinity. the population of the area is also steady rising given to the fact that its communication network that is road, telephone, water and sewerage has been improving steadily also. this increase in population has been the key to the sustainability to my business hence the profit I do realize.My major risk comes from my competitor who have more capital to stock their shops. From the business I am capable to make a profit of Kenya shillings10000/= on a monthly basis.

Loan Proposal

Dear lenders I wish to apply a loan to expand my business to buy more stock for my shop such as goods for domestic use,I would like to purchase plastic ware for sale in my shop and introduce near products such as shoes,clothes, basins, jags, and many more. This will increase my customer and hence increase my profit in a big way

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,107.00

Date disbursed

Apr 13, 2013

Repayment status

On Time

Projected term

11 months

Lenders

joerg

Berlin, Germany

O

Ouishoebean

Singapore, Singapore

investor

Candiac, Canada

A

adwatson

Milan, MI, United States

YB Song

Seoul, Republic of Korea

E

erozlum

Istanbul, Turkey

Silver

Steiermark, Austria

R

Rotterdammer

Rotterdam, Netherlands

A

anonymus

Moon, United States

Kysera

Crawfordsville, United States

beverly

Vancouver, Canada

Sundstroms

Falun, Sweden

M

missjoyy

Munich, Germany

L

ldworld

Idaho, United States

Landei

Sandersdorf-Brehna, Germany

T

Texas

Houston, United States

mewesten

Waynesboro, United States

4

4RedStripes

Martorell, Spain

Ingela

Falun, Sweden

C

coinchantal

Krimpen Aan Den Ijssel, Netherlands

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