Peter Njoroge

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

Peter Njoroge

Member since

October 2011

On-time repayments

120 installments  •  33%

About Me

I am 41 years old, married with seven children who are all schooling. two are in high school while the remaining five are in primary school. I live in kiptangwanyi which is about 41 km from Nakuru town. I live in my plot which is plot number 14 in the kiptangwanyi shopping center. I am not formally employed and have been meeting my family needs through various manual work that i have been doing here and there. This prompted me to start the business of a hotel that i have been operating since 2006.

My Business

My business entails operating a hotel in kiptangwanyi shopping center. I sell fast foods and drinks in my hotel. I started this business after I realized the potential of this business in this area. My target was high school and primary school children who were and still are very good customers of my business. customers prefer buying from my business as I provide quality and clean food. I also ensure that my food is always fresh and this promotes my business so much. the risks that my business face are shortage of supplies and drought which affects our sources of the foodstuffs that i make.Currently I am using my earnings to expand my business to other neighbouring kiptangwanyi shopping centre.

Loan Proposal

I am pleased at this moment that I have been offered another chance to post a loan on Zidisha website. My business is doing well and the loan that I did get was very useful and I was able to improve my business a great deal. At this moment I would like to use the loan that I will get to purchase more stock as well as introduce new services and products in my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$528.91

Date disbursed

Dec 15, 2013

Repayment status

On Time

Projected term

11 months

Cost to entrepreneur

Lender interest: $528.91 at 10.45% annual rate over 11 months = $50.66

Service fee: $17.12

Lenders

EricDWalters

Rochester, Mn, Usa, United States

investor

Candiac, Canada

D

drakekids

Greensboro, United States

P

Philippe

Adliswil, Switzerland

R

Rotterdammer

Rotterdam, Netherlands

M

m_dennis

Toronto, Canada

Kjartan

Oslo, Norway

P

PlutusNOR

Trondheim, Norway

A

anonymus

Moon, United States

michellev

Melbourne, Australia

E

Elisa

Espoo, Finland

B

Bavarian

Bavaria, Germany

russell

leicester, United Kingdom

andreasol

Bielefeld, Germany

V

vshafor

Carlsbad, United States

Hedwich

Gorssel, Netherlands

A

aditsu

Tai Po, Hong Kong

Giucca

Indjija, Yugoslavia

Lambie

Perth, Australia

C

CZC

Lake Zurich, United States

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