Evans

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

Evans

Member since

July 2012

On-time repayments

37 installments  •  22%

About Me

I live in Kiptangwanyi shopping center which is approximately 45km from Nakuru town. Nakuru town is our nearest major town within this area. I am married with two children. I live in my own plot at the shopping center where I carry out my business. I live in plot number 30B with my family. My business entails the purchase and sale of hardware materials. I deal with sale of mostly building and construction materials.

My Business

My business entails the sale of building and construction materials. I buy most of the materials in Nairobi and therefore sell most of my products at a relatively cheaper prices compared to my competitors. The main challenges that this business encounters are lack of finance to expand the business and fluctuating prices of fuel which adversely affects the whole of transport industry and this results in increased prices of the commodities that I sell.

Loan Proposal

Dear Lenders,
I would like to use my loan to introduce new building and construction materials in my business. These materials are such as wheelbarrows, meshwires, whitewash paints and cement. These will boost my business and I will be able to meet the high demand for my customers. I would also like to expand the room in which I operate my business in.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Aug 10, 2012

Repayment status

On Time

Projected term

15 months

Other loans

Lenders

E

Errol

Bradenton, FL, United States

D

Daniel

Cupertino, United States

P

PlutusNOR

Trondheim, Norway

A

Anonymous2

United States

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