Simon

Kiplobe Village, Kenya

100% repaid

Entrepreneur

Name

Simon

Member since

December 2011

On-time repayments

326 installments  •  65%

About Me

I am 48 years of age married with 7 children. 3 girls and 4 boys. I reached form four in education. I live in Kiplobe farm in Lenginet location Rongai division Rongai district Nakuru county. After my secondary education I decided to venture into a tree business in order to cater for my daily living and able to provide to my family.

My Business

Because of our group of bee keeping I saw it better to start a tree nursery because the members were encouraged to plant trees and I took that chance of selling the trees to them. Nowadays I am selling to people from my division and I am very proud of this business of which like it because it has a lot of work. I normally sell each tree at 15 kshs and I can sell up to 100 tees daily. an average of 1500kshs daily. The only risk of this business is during the dry season .
The business is now doing well despite the challenges.

Loan Proposal

I want to say thanks for you to be one step behind,during my previous loan i have done several investment in the trees.I f given this loan i will expand my business by seedling more seed and i will able to transport the seedling from my designation to the rest of places like Nakuru,Rongai,Nairobi.This will enable me to un more profit the previous.,This is the budget to 70,000.K.E.S.30.000 TO BUY MORE SEED.
K.E.S.10.000 TO CONSTRUCT SHEDS
K.E.S. 10.000 TO PAY CASUAL WORKERS
K.E.S.20.000 FOR OTHER USE INCLUDING TRANSPORT.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$836.00

Date disbursed

Oct 25, 2012

Repayment status

On Time

Projected term

18 months

Lenders

AWOL

USA, United States

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