Entrepreneur
Name
George
Member since
September 2012
On-time repayments
14 installments • 43%
About Me
My name is George Maingi. I come from Wendo centre, Nakuru County where I reside. Wendo is approximately 1o Km from Nakuru Town on your way to Nyahururu where you aright at Maili Saba and take a murram road towards St, John Primary School then Karunga trading centre then Kururi. You ask for SK. I am married and a father of 2 children. I am a farmer as well as a businessman who deals with shop .
My Business
I have 3 acres of wheat where I spend Kshs. 120,000 for planting and harvesting. After harvesting I get a total of Kshs. 400,000 which gives me a profit of Kshs. 280,000 per year. I do keep dairy cows which gives me a profit of approximately Kshs. 150,000. In the shop business I get a profit of about Kshs. 70,000 per year. In total I get an annual income of Kshs. 500,000
Loan Proposal
Given this loan i will boost my farming and shop business. i would also start buying cereals at this time because the price is low since it is harvesting time. this will give me a profit when i sell them at a later time when there shall be no supply in the market.Given this loan i will boost my farming and shop business. i would also start buying cereals at this time because the price is low since it is harvesting time. this will give me a profit when i sell them at a later time when there shall be no supply in the market.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Sep 24, 2012
Repayment status
Late
Projected term
15 months
Lenders
Southampton, United Kingdom
Luxembourg, Luxembourg
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