Entrepreneur
Name
Peter
Member since
March 2012
On-time repayments
27 installments • 48%
About Me
My name is Peter Muthami Mbachia . I am a family man with three children who are all in school
I come from a place called Arahuka at Bahati to reach my place you take a Matatu from Nakuru that goes to a place called Arahuka you take the Nakuru/Nyahururu road as you reach Maili Kumi you take Solai road then you go up to a junction that lead to Banti you branch on your left hand you take a road that lead to Arahuka /Rigogo Chonjo then you go up to a centre called kipng’ochochi from there you walk for about 700meters next to John Mark Coffee Factory ask for Baba Mbachia’s home.
My Business
I operate a motor bike spare parts shop at a place called Maili Kumi centre along Nakuru /Nyahururu. I sell the spare to the growing number of the young men who operate motor bike as a way of transport popularly known as (Boda Boda) from this business I get about 50000 monthly and a total of600000 annually I use the amount to pay school fees for my children and also to stock the shop I also some farming business I get about 400000 annually so the total annual income is 1000000
Loan Proposal
I would like about 100000 to uplift and expand my business now that iam having many customer who are buying spares from my shop because most of the young men are from my home area so they are always willing to promote my business whenever need arise.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$611.00
Date disbursed
Jun 14, 2012
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
Southampton, United Kingdom
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