George

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

George

Member since

September 2012

On-time repayments

257 installments  •  13%

About Me

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

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.

Loan Proposal

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,000.00

Date disbursed

Dec 5, 2012

Repayment status

On Time

Projected term

10 months

Lenders

investor

Candiac, Canada

C

chkuo

Taipei, Taiwan

Crestwood

Hamburg, Germany

russell

leicester, United Kingdom

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