David

Githunguri, Kenya

100% repaid

Entrepreneur

Name

David

Member since

March 2012

On-time repayments

83 installments  •  35%

About Me

I am David Kori. I mainly live in Embakasi Utawala with my wife and children. I am a businessman running a general shop where I sell goods for domestic consumption. I started this kind of business to help the people living around so as to ease them from walking long distance going to the center which is almost 3KM away to get domestic goods. this business has helped my family and it has enabled me to pay the school fees for my children. I have a dream to expand it and make it a big business which can employ many given to the fact that most people in our country Kenya are Jobless. this will be of economic health both to me and the country as a whole.

My Business

I mainly run a general shop where I sell Domestic goods to the people living around Embakasi Utawala Estate. I started this kind of business because was an upcoming estate and the influx of people to the area is generally high. This place is mainly resided by both the middle class people and lower class one. the place is also secure due to the presence of both the military and Administration police camps in the vicinity. the population of the area is also steady rising given to the fact that its communication network that is road, telephone, water and sewerage has been improving steadily also. this increase in population has been the key to the sustainability to my business hence the profit I do realize.My major risk comes from my competitor who have more capital to stock their shops. From the business I am capable to make a profit of Kenya shillings10000/= on a monthly basis.

Loan Proposal

I want to use the loan to expand on my business by adding more stock to the general shop I run.

Feedback

18

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,000.00

Date disbursed

Apr 6, 2012

Repayment status

On Time

Projected term

12 months

Lenders

Daniel

Brussels, Belgium

melliecarma

Portus Town, Germany

joerg

Berlin, Germany

P

Per

Randers, Denmark

X

xander

Plainfield, Vermont, United States

M

mikedufty

Perth, Australia

E

Errol

Bradenton, FL, United States

Feldborg

Stuttgart, Germany

S

Snick

Halle, Germany

O

Ouishoebean

Singapore, Singapore

M

Monarch84

Las Vegas, United States

C

Christian

Saarbruecken, Germany

Ron

United States

EricDWalters

Rochester, Mn, Usa, United States

Ishaque

New Jersey, United States

investor

Candiac, Canada

C

chkuo

Taipei, Taiwan

P

Philippe

Adliswil, Switzerland

V

vamPierchen

Luxembourg, Luxembourg

A

adwatson

Milan, MI, United States

K

KakkoiiCali

Anaheim, United States

YB Song

Seoul, Republic of Korea

L

lmuenchen

Munich, Germany

P

peterczech

Farmingdale, United States

E

Emerald

Pompano Beach, United States

Rdcmole

Cincinnati, United States

Silver

Steiermark, Austria

P

prodigyita

Eboli, Italy

B

Bcschaffner

York, United States

R

Rotterdammer

Rotterdam, Netherlands

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