Name
John
Member since
February 2012
On-time repayments
41 installments • 68%
My name is John Kamau Mungai . I am a family man with six children.
I come from Karunga Centre to go to our home from Karunga you walk for about 500metres near A.P’s post. Just ask John Kamau’s Home.
I operate a shop at Karunga Centre which is general retail shop. Form this business I get about 50000 per month which is a bout 600000 per year. I also do farming where I grow crops and keep cows and from this activities also get about 300000 per year so the total annual income is about 900000. I use the amount to pay school fees for my children, pay other bills and also use the remaining amount to add capital in my shop.
I would like add stock in my shop especially this time of the year when people are about to harvest, they will have access to more money which in return they will be able to buy things from the surrounding shops because at this time they are not budgeting for food. Thank for the last loan it uplifted my business which gave me a good profit. I am trusting that I will get good from the second loan.
Positive
15
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,558.00
Date disbursed
Oct 25, 2012
Repayment status
On Time
Projected term
12 months
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