Thomas

Nakuru, Kenya

49% repaid

Entrepreneur

Name

Thomas

Member since

August 2011

On-time repayments

28 installments  •  39%

About Me

I am 32yrs old and a businessman. am married and have one child. I own a boutique where I sell all types of clothes. I use my earnings to increase the stock of my business.

My Business

My business is situated in Kiptangwanyi trading centre in Nakuru county along Jogoo road.Kiptangwanyi trading centre is in naivasha constituency,Gilgil District,Kiambogo Division, Mitimingi Location, Kiptangwanyi sublocation.The centre is fourty one kilometres (41kms) from Nakuru Town.The route from Nakuru is through Nakuru-Nairobi highway, branch at Pipeline towards Elementaita.From Elementaita to Kiptangwanyi is about ten kilometres(10kms). It is unique because there is no other business within that sells the type of clothes that I sell in this area. The demand of the commodities that I sell is high because in the meantime the school children are on holiday. The risks involved in this type of business is fire since there is no fire fighting response nearby. means of transport is also another problem especially during the rainy season. My monthly expenses include: electricity, water, rent and transport costs. currently I am using my sales revenue and profits to improve the status of my business.

Loan Proposal

dear lenders.
I would like to use my loan to boost my second business i.e cereals shop that I opened from my first Zidisha loan. The loan will assist me much because the short season crops will have grown.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$489.00

Date disbursed

Jun 15, 2012

Repayment status

Late

Projected term

22 months

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