Moses Kahiga

Nakuru, Kenya

13% repaid

Entrepreneur

Name

Moses Kahiga

Member since

July 2011

On-time repayments

46 installments  •  41%

About Me

My nameis Moses Kariuki Kahiga I come from Karunga in Bahati North District. From Maili Saba Shopping center along Nakuru Nyahururu road you branch on your right from Nakuru then you go to a school called St. John Secondary then you go to Karunga Center from there ask for Murungaru Primary or ask for Ruguru Full Gospel church. Iam saved and am a deacon in the Full Gospel Churches of Kenya under Rev.Gitu. Iam married with two children we work hand in hand to raise our children and to give them best in live if possible.

My Business

I buy cereals during harvest season then I sell them after some time to make profit. I move from place to place in my home area to get the commodity and some people bring them at my home because I have a store. I buy beans as from the month of August and maize from the month of November. I buy wheat from the month of October .I later sell those goods to some school ,some individuals also come to buy them from the store from nearby and from far. This business gives me a profit of about 150000 annually. Iam also a farmer I grow crops in my farm for sell and for home consumption and from this I get in come of about 600000 also I keep cows and sell milk which gives me an income of about 50000 per year. So total annual income = 800000.

Loan Proposal

I would like to boost my cereal business given that everything is high in the cost the amount that I have will only be able to purchase less than I used to purchase when things are not costly. I would need more money to be able to purchase enough stock t o satisfy my customer and also have good profit. I would need bout 120000 to add to the stock I have. Thanks in advance.

Feedback

3

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,186.29

Date disbursed

Jul 22, 2013

Repayment status

Late

Projected term

24 months

Cost to entrepreneur

Lender interest: $1,186.29 at 9.03% annual rate over 24 months = $219.90

Service fee: $84.94

Lenders

investor

Candiac, Canada

MaxEmerika

Sonoma County, California, United States

A

anonymus

Moon, United States

J

Johnrock702

Saint Augustine, United States

T

ToddK

Indianapolis, IN, USA, United States

B

Bavarian

Bavaria, Germany

C

Charlie

Hometown, United States

M

MiguelC

Chicago, United States

H

HildeK

Rogaland, Norway

mossuto

Milano, Italy

mewesten

Waynesboro, United States

4

4RedStripes

Martorell, Spain

Sverre

Bergen, Norway

L

laurashearin

Greensboro, United States

8

8chrono8

London, United Kingdom

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