Samuel

Malindi Ndugu Mnani, Kenya

33% repaid

Entrepreneur

Name

Samuel

Member since

October 2012

On-time repayments

11 installments  •  9%

About Me

am samuel karisa,a resident of malindi at a place called ndugu mnani,am married with two children,i studied up to class 8 in the year 1998.My first born is now in kg2 here in malindi.my main occupation is retail shop here in malindi Kenya.is ell things like flour,sugar rice ,oil,beans,salt and other domestic items for consumption.
i started this business in order to earn a living and be able to feed my young family.

My Business

My main business is retail shop here in malindi Kenya.is ell things like flour,sugar rice ,oil,beans,salt and other domestic items for consumption.i make about kshs 14,000 in a month,expenses of kshs 5000,i remain with kshs 9000 which good to offset my lenders.Demand is high due to high population within here and that is why it is profitable.

Loan Proposal

I will use the loan to buy stock for my business like unga kshs 10,000,sugar kshs 5000,cooking fats of kshs 5000.i will also purchase biscuits and wheat flour for my business.i expect this generate profits by end of the first month.i will also use kshs to buy fresh maize and the other kshs 4000 for miscellaneous purposes.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$359.00

Date disbursed

Nov 21, 2012

Repayment status

Late

Projected term

12 months

Lenders

investor

Candiac, Canada

B

Bpryse

Long beach, United States

C

cjmenchaca

Austin, United States

russell

leicester, United Kingdom

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