Entrepreneur
Name
Josiah
Member since
July 2011
On-time repayments
27 installments • 4%
About Me
My name is Josiah Mwangi Njoroge.I am a family man with five children; two are in secondary school and three in primary school. We live in Bahati Scheme in Bahati area. At Bahati Centre which is situated along Nyahururu Nakuru road on you right from Nakuru town you take a rough road which will take you to Bahati Girls Secondary School. From Bahati Girls your will only walk a short distance to our home and it is before you reach Bahati Forest Offices.
My Business
My business is for making local mattress. It is situated at Bahati centre called Huduma Traders for Mattress Godoro Safi. I make 20 mattress per week at a cost of 250 ,so making income of about 5000 and 20000 monthly so annually = 240000.I also do farming as a business at my farm at bahati scheme where I live. I get about 250000 annually from farming. We use the income for paying school fees for our children and pay some other few bills. We do not have many bills because we live in our farm we get food from farming. In my business I do not rent the premises because it is mine. I have an annual income of about 500000
Loan Proposal
I would like to boost my business especially now we are approaching the good season when people buy other things rather than food stuffs. So I would like to take this opportunity I need about 60000 to buy materials to make more mattress so I would have enough stock for that time.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$559.00
Date disbursed
Oct 17, 2011
Repayment status
Late
Projected term
28 months
Lenders
Southampton, United Kingdom
Waterloo, Canada
Saskatoon, Canada
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