Cecilia Gathitu

Nakuru, Kenya

63% repaid

Entrepreneur

Name

Cecilia Gathitu

Member since

February 2012

On-time repayments

21 installments  •  43%

About Me

My name is Cecilia Njeri Gathitu . I am married and have four children first born is in form two and the last is in class one.
I come form Karunga Centre just as you come from Nakuru on the Nakuru/Nyahururu road you reach a centre called Maili Saba you branch on your right, you take a rough road go past St. John Secondary School then to Karunga Centre. From karunga you go to a place called Kahuho next to St. Francis Primary School ask for Muraya’s home.

My Business

I have a general shop at Kahuho Center and I also do the cereals business where I buy and sell maize. From these business I get about 60000, I also do farming business where I grow crops for sale and for home consumption from this business I get about 250000 so the total annual income is about 750000 per year.

Loan Proposal

I would like to add a new stock in my shop. Now that the festive season is around the corner during this period many people buy goods for season and they buy in large quantities so it would be very good for me to have good stock which will include almost all the commodities required during the season. I thank the Zidisha Team for the first loan it came on time and I was able to get good profit which enabled me to pay the loan and also had some money to cater for my family and was able to buy 50ftx100ft plot. Thank you very much Zidihsa Team.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,004.59

Date disbursed

Dec 2, 2012

Repayment status

Late

Projected term

14 months

Cost to entrepreneur

Lender interest: $1,004.59 at 6.16% annual rate over 14 months = $77.35

Service fee: $44.32

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