Stephen Macharia

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

Stephen Macharia

Member since

February 2012

On-time repayments

57 installments  •  9%

About Me

I am married with two kids. I live in Kiptangwanyi shopping center which is about 42km from Nakuru town.I own a butchery in the shopping center. i live in plot number 54.

My Business

I have a butchery in the shopping center. There is very high demand for meat product here. We usually get our supplies from within but due to high demand we are now forced to get cattle and sheep that we slaughter from other far areas like Gilgil and Naivasha. The main challenges that this business face are famine and drought, disease outbreak that results in shortage of our supplies.

Loan Proposal

I would like to expand my business premises. I would also like to open another meat outlet in the shopping center since there is high demand for meat product.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$596.91

Date disbursed

Mar 9, 2012

Repayment status

On Time

Projected term

18 months

Cost to entrepreneur

Lender interest: $596.91 at 0.14% annual rate over 18 months = $1.25

Service fee: $30.49

Lenders

B

Bizu

Berlin, Germany

Johnny

shanghai, China

M

morgenstern

Oslo, Norway

Ask Stephen a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...