Name
George
Member since
September 2012
On-time repayments
257 installments • 13%
I am married with one child. I live in Kiptangwanyi shopping center which is about 43kilometers from Nakuru town. This is the nearest major town where we go to get our supplies. I live in plot number 347 at the shopping center. My business entails a cereals shop at the trading center. I purchase maize, beans, wheat and other dry grains at my shop. After I have bought them I later resell them to major towns such as Nakuru, Gilgil and Naivasha.
My business entails a cereals shop at the trading center. I purchase maize, beans, wheat and other dry grains at my shop. I have been in this business for five years now and I am well conversant with it. I have many customers from within the shopping centers as well as other towns. I also have a good source of supplies. The main challenges that the business encounter are lack of enough capital to expand the business and drought.
Hi Lenders
I will use my second loan to purchase a posh mill because i am deciding to open another business of posh milling in our nearby town in Munanda, also i will add my store with maize because it is harvesting time and the price for cereals is at a lower price thus making me to make higher profit coming year because the demand will be high especially for maize flour. Second i will employe anther person to help me in learning the upcoming business.
Positive
12
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$1,000.00
Date disbursed
Dec 5, 2012
Repayment status
On Time
Projected term
10 months
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