Entrepreneur
Name
Nancy
Member since
June 2012
On-time repayments
23 installments • 30%
About Me
am married with5 children who are all schooling. i live in plot no 889 naivasha town which is about 72 kilometer from nairobi city. in this plot is where i live with my family and my husband is also a bussiness man,the earning from my bussiness cater for my children school fees and upkeep of my family and my husband cater for house rent and any emergency incase. the rest i save some and the rest i pay for my brother who is also in school
My Business
my business entail in shop and cereal to small buyer for consumption,the business is marketable and the demand of my product is very high in the area as people in this area depend in my shop because their is no shop which sell small quantity of cereal like maize peas and beans .the main challenge that this business encounter is high price of commodity in the market where i get the cereal, luck of finances .high cost of living in the country.
Loan Proposal
i will and in my shop some bugs of beans and maize for small quantity buyer. at this time the business is much profitable because past two week i have been busy with cereal than other commodity in my shop.i will travel to a place where there is harvest and i was told that one bug of maize cost only 2,000 and if i sell in my shop by measuring in kilos i will make a good profit of 1800 in a 90kg maize and also beans thy sell in a price of 3,500,when i sell to a small quantity buyers i will make good profit .in that case i will be able to pay my loan in time.the lest of the money i will and stock in my shop.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Sep 7, 2012
Repayment status
Late
Projected term
24 months
Lenders
Southampton, United Kingdom
Austin, United States
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