Peter

Kilifi Manarani, Kenya

22% repaid

Entrepreneur

Name

Peter

Member since

June 2013

On-time repayments

9 installments  •  22%

About Me

My names are Peter Manyeki Maragwa, I was born in Murang’a. I went to school at Maragi primary school from standard eight. I did not go to secondary due to lack of funds. I started doing small businesses in order to cater for my life at my hometown. Some years later I moved out of Nairobi to find a job to do as the previous one was not paying well. At Nairobi I got employed as a hotel waiter which I later left to start another business of selling second hand clothes... I then got married to this lovely and caring wife whom we are blessed with three children, a son and two daughters, they are all schooling. I live in Kilifi where I work but my family is at Nairobi.

My Business

I have a business of selling second hand clothes at Kilifi. I have been in this business for the past ten years. It has a good output as I have been able to cater for my family needs and also increase my stock. I buy my stock from Gigomba in Nairobi, a well known market for second hand clothes… I sell the clothes at a price of 200kes a piece.. getting a reasonable price, I have a happy customer crew as I attend to their needs well as I plrvide what they need t a reasonable price. i have a ready and a dependable market for my stock as many of the area dwellers prefer second hand clothes to new ones. I would like to increase and expand my stock with your help.

Loan Proposal

first and fore most thank you a lot for approving my loan for funding. I will add stock to my commodities especially this august season and rain season I wanted to add electronics goods as I know this rain season power supply will be a problem. I will add things like fuse and so many electronics. last but not list thank you once again.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 14, 2013

Repayment status

Late

Projected term

9 months

Lenders

johnfay

Lusaka, Zambia, South Africa

Hope2012

United Kingdom

C

chrisn

Egg, Switzerland

Namaste250

Pittsford, United States

mewesten

Waynesboro, United States

K

Katehar

Maple Valley, WA, United States

Grant Xavier Storer

Seattle, Wa, United States

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