123 installments • 56%
Iam david njuguna kimathi. I stay in bahati centre in nakuru north district. Iam married with five children. i have four girls and one boy. The first born is in standard eight while the last is in pre-school.
I have a shop at Bahati centre. I am a general merchant. The profit per item is small but since i sell a variety of things then i make some good profit at the end of the month. I also keep sheep which i sell once in a while when they produce the young ones. I also do farming in my shamba. The produce is used for the family upkeep and the surplus is sold for commercial use. The farm produces maize, beans , cabbages, carrots, spinach, kales, potatoes and others. All these take about 3 months to mature except maize and that enables me to harvest 2 to 3 seasons. This increases my produce and enables me to sell more. Poultry farming is the other farming that i undertake. This provides my family with eggs and meat and also some money from the sale of the same in the market.
i intend to increase the stock of my shop and also include a wholesale section because the demand for this is high with fast growing centre due to the upgrading of it to be the district headquater.
Jun 30, 2011
Cost to entrepreneur
Lender interest: $595.18 at 2.02% annual rate over 12 months = $12.02
Service fee: $20.76