Geoffrey

Kabazi, Kenya

100% repaid

Entrepreneur

Name

Geoffrey

Member since

October 2012

On-time repayments

31 installments  •  26%

About Me

I am married with seven childrens who is in school. I live in Kabazi shopping center which is about 35 km from Nakuru town along Nakuru-subukia highway. I live in plot number 104 at Kabazi shopping center but I operate my business in Nakuru town . My occupation is a canteen an shop, also I am also a member of Bahati self help group, I have a general knowledge.

My Business

MY BUSSINESS IS A CANTEEN AND A SHOP
I have a shop and canteen in Nakuru town, which is located opposite pinkam house at 3NS travelers. I started my business in the year 2006 after the stage started operating. They is a lot of demand of the product such as soda because of more passengers increasing day by day also the stage is located in strategic position thus making it more popular,
In the stage there is few shop and canteen along these area thus I will able to catch more customer. The business will be profitable because the product I will get from our nearby town (Nakuru) and the mean of transport is good and I will sell the quality product at favorable cost. I wanted to purchase refrigerator to meet the demand of my customer. The risk facing the business is theft due to insecurity during the night.
My typical monthly cost is khs 100000, sale revenue is around ksh 40000 and profit is above 50000 but I am planning to earning more.

Loan Proposal

First i would like to thank the zidisha flaternity because they have enabled me move from struggling to a reliable human being. I got my first loan and utilised it in adding more stock in my business. The business is doing very well and i want to try another business for my dear wife infact, i want to use my second loan to buy more dairy cows. Dairy cows are profit making bussiness especially in my local area.

Feedback

8

None

1



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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,092.00

Date disbursed

Apr 2, 2013

Repayment status

On Time

Projected term

11 months

Lenders

B

Bpryse

Long beach, United States

aarongabrielson

Heber City, United States

LA

United States

A

Anonymous2

United States

D

DRSZ73

Portsmouth, United Kingdom

Sundstroms

Falun, Sweden

L

ldworld

Idaho, United States

Creole1

Mobile, Alabama, United States

J

jzidi

Los Angeles, United States

Namaste250

Pittsford, United States

Ingela

Falun, Sweden

D

DaveH

Folsom, United States

C

coinchantal

Krimpen Aan Den Ijssel, Netherlands

D

dweiner

Madison, United States

B

BlackWolf

Lappeenranta, Finland

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