Charles Nguu

Githurai Progressive, Kenya

100% repaid



Charles Nguu

Member since

June 2013

On-time repayments

301 installments  •  11%

About Me

My names are Charles Ngunjiri. Am 20 years old born in a family of 7. Am a 3rd born. My parents are farmers. My parents livein Kiambu and i live in Githurai Progressive.I have a high school diploma but since i have other siblings behind me i had to abandon my college diploma due to lack of fee. I however did not stop there i got employed at a Movie store and worked for 6 months and opened my own. I also help my young siblings and my parents with the bills and upkeep of them. I also help my parents with farming when am not at my movie store.

My Business

Am seeking Zidisha Organisation to lend me money so that i can expand that movie store and employ one person so that come September or next year January i can start going to college to pursue my Diploma in Information Technology.I also pay bills of my business and my rented house, and also would wish to open a new branch of a movie store to be able to meet the customers demand and also help my parents and young siblings. I humbly thank you Zidisha Organisation and all the Lenders. God bless you all

Loan Proposal

First of all i would like to thank you all lenders for accepting my first loan application and lending me the money. I used my first loan to expand my first movie store in progressive, increase the stock and also pay my bills. My business is booming and i opted to open a new branch in Githurai. I have already payed for a new movie store and also done partioning. I am requesting for a loan to enable me buy a new computer, a portable hard disk, a duplicator to speed my movies burning. and also increase my stock for my new business and also advertisement too for my new business. I hope i will be able to get the money to open my new business to meet my customers needs. Thanks in advance. God bless you all





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Nov 26, 2013

Repayment status

On Time

Projected term

31 months

Cost to entrepreneur

Lender interest: $218.31 at 2.72% annual rate over 31 months = $15.72

Service fee: $20.16



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