Peter Kinyanjui

Kiptagwanyi Kenya, Kenya

71% repaid

Entrepreneur

Name

Peter Kinyanjui

Location

On-time repayments

34 monthly installments  •  62%

About Me

am married with 7 children who are all schooling in a nearby school which is muriricua primary school. but one is a grownup and employ at in a nearby school as a teacher . i live in kiptagwanyi center near the market place in a plot number 34-7 .kiptagwanyi is about 43 kilometer from nakuru . narobi, nakuru highway there is a jaction to pipeline you enter and then proceed to elementaita ,from elementaita to jogoo road and then kiptagwanyi i startedthis business in 1989 and i have done it till know, the money i get help my family infood and school fees and because am also a famer i get support from the product of my shamba and the money i get i save some .

My Business

my business entail in tailoring all kind of cloth and i am a professional in this kind of job . if it school uniform am an expert and if its lady wear am an expert in ladies wear and every one know me because of living in this town for a long time so i have many customers in my workshop and i had employed one person to help me in my shop and i pay him.

Loan Proposal

dear lenders,thank you for the chance to get the second loan in this organization. the first loan help me a lot as my business was down because of luck of finance but when i get the first loan i was able to stock my tailoring shop.in this second loan, some i will use to support my child who is blind,or he don't see as in his school there is outstanding fee,so i first pay the debt and the lest i will boost my business to a higher.at this time there is demand of school uniform,also i get an order from a nearby private school of school uniform.so i will be able to repay as quick as impossible depending on how quicker i will be funded.thanks in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,862.49

Date disbursed

Sep 30, 2013

Repayment status

Late

Projected term

24 months

Cost to entrepreneur

Lender interest: $1,862.49 at 8.55% annual rate over 24 months = $325.12

Service fee: $190.14

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