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Peter

Karunga, Kenya

11% repaid

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How it Works

Entrepreneur

Name

Peter

Member since

October 2012

On-time repayments

32 installments • 25%

About Me

My name is Peter Kimani Ngugi. I am married with four children. I come from Karunga Shopping centre, from Nakuru/Nyahururu road as you reach a centre called Maili Saba. You branch to your right take a rough road go past St. John’s secondary school, then from their to Karunga Centre. I live near the centre just next to a school called St. Francis primary school. If you ask for Baba Kui you will be brought at my home.

My Business

I am a Shopkeeper. I have a shop at Karunga located at Karuri centre. This is where I earn my living from. I get about Ksh. 30,000 monthly so annually I get Ksh. 360,000. I also do farming as a business where I plant crops for sale, I get annual income of about Ksh. 200,000 so the total annul income is Ksh. 560,000.
From the earning I am able to pay my bills, buy food, cloths and I also help my family back at home.

Loan Proposal

I would like to expand my business by buying more stock to meet my customer demands. This will help my customer not to move for a long distance looking for goods because I already have them. I also want to buy a refrigerator to cool sodas and drinks. This will entertain my customers. I also want to buy a motorbike that will be transporting good.