George

Nakuru, Kenya

100% repaid

Entrepreneur

Name

George

Member since

August 2012

On-time repayments

121 installments  •  81%

About Me

My name is George Nyakundi Siko . I am a family man with five children.
I come from Bahati area as you travel along Nakuru/Nyahururu road as you reach Jomo Kenyatta High School you go to the next stage called Mwisho wa Lami. You alight at that stage and just ask for George’s Shop you will also see the shop on your right hand as you alight. The plot is in the shamba plot no2625.
I was born in Bahati area where I started school in the same area , in a school called Ourlady of Fatima Primary School. After completing my education I started helping my parent in farming business and then I started small business which have grown to a big business today. when I started the business I could sometime fall short of the commodities but I used to even travel far and wide to look for the missing commodities e.g maize or maize flour.

My Business

I have a shop where I have stated at Mwisho wa Lami stage. I sell different types of commodity rage from food stuffs and other goods. I get about 25000 per month and annually is about 300000. I also do farming where I get about 200000 per year. So the total annual income is about 500000. I use the amount to buy new stock for the shop pay school fees for my children and also pay for my other bills.
I operate a general shop where i live at Mwisho wa lami . I sell different types of commodities e.g. food stuff like maizee flour , all types of cereals and other house hold goods. With the profit i get from my business i pay zidisha loan , pay school fees for my children and last time i bought i motor bike and also i use the remaining for home improvement.

Loan Proposal

I would like to add a new stock in my shop. I would like to buy good and enough stock to sell during festival season because it is around the coner. this the time when many people buy goods in big quantity they buy for their families and also for their extended families. this why I would want to stock my shop at this time.Thank you zidisha team in advance because I know you will be able to raise my loan before time expires.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Dec 5, 2012

Repayment status

On Time

Projected term

12 months

Lenders

investor

Candiac, Canada

T

treyh

San Diego, CA, United States

fcjapan

Osaka, Japan

Sundstroms

Falun, Sweden

Creole1

Mobile, Alabama, United States

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