Job
Nakuru, Kenya
$0 to go
100% funded of $100 goal
0
days left
Name
Job
Member since
September 2013
On-time repayments
4 installments • 0%
I am 22 yrs old married with one child of 1 year old. I Married last year which adds more responsibility to work for my family.I have a form four level of education and i live and stay in nakuru bahati an outskirt town of Nairobi. i started my business Five years ago to make a living after finishing school an d dint get good grades to take me to college. I get around 30,000 Kshs per month which is sufficient for my young family and remain with some to save for our future.I have opened a small vegetable shop for my wife which takes care of the food for the family.
I have a Motorcycle which i ride for myself personally. I carry people from Bahati market centre to their homes. Unavailability of vehicles in this side makes the business good and profiting. Also the bad roads which are unsuitable for vehicle passage make motorcycles the best option. People trust me because I started doing this business immediately after high school which is around there too. This puts me an inch forward of my competitors. I am looking forward to expand and buy another motorcycle. I am also looking into expanding a small vegetable shop that my wife runs.
i will use the loan to add stock to my wife's vegetable shop. I will start stocking variety of vegetables which i have not been stocking because of inadequate funds.this will boost my savings as i start the journey to achieve financial stability for my young family.This will increase my customers hence increasing my wife's profits.
Positive
None
Neutral
None
Negative
2
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Sep 10, 2013
Repayment status
Late
Projected term
4 months
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