Peter

Kiptangwanyi, Kenya

19% repaid

Entrepreneur

Name

Peter

Member since

August 2011

On-time repayments

36 installments  •  17%

About Me

I am 31yrs old, married with three children who are schooling. I live in Kiptangwanyi shopping centre in Nakuru county. i engage in the business of selling cereals in kiptangwanyi centre. I started the business in 2003 to support my family since formal employment was difficult to get in this country. This is where I rely 100% to earn a living for my family.

My Business

My business entails selling cereals such as maize, beans, wheat, rice and other dry grains. The business is situated in KIptangwanyi trading centre. The centre is 42km from Nakuru town. Once along the Nakuru-Nairobi highway, branch at pipeline, 9 km from Nakuru along Elementaita road. Once in Elementaita, Kiptangwanyi trading centre is about 11km along Jogoo road. The business is in the middle of the centre since Kiptangwanyi is a small busy shopping centre. It is in Naivasha constituency, Gilgil district(it is a new district), Kiambogo Division, Mitimingi location, Kiptangwanyi sublocation. There is high demand for these commodities since they are a basic commodity which is consumed by the entire society. customers prefer buying from me since I provide fresh products from the farmers and at a fairer price than my competitors. The problems that the business face are transport problems especially during the rainy season and also drought which affect the sources of the products that I sell. my monthly costs include electricity, water, rent and transport costs. Currently I am using my sales revenue and profit to expand my business but still this is not enough. I would be glad if the organization can assist me with a certain amount to boost my business since the demand is high but the supply is low due to lack of enough cash.

Loan Proposal

I would like to use my loan to buy more cereals especially wheat whose demand is very high for my business.

Feedback

7

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$977.00

Date disbursed

Jun 6, 2012

Repayment status

Late

Projected term

31 months

Other loans

Lenders

A

Anninymouse

Southampton, United Kingdom

E

Errol

Bradenton, FL, United States

Brian

Midhurst, Canada

D

Delph007

Den Haag, Netherlands

Ron

United States

Mikey

London, United Kingdom

EricDWalters

Rochester, Mn, Usa, United States

carlos vendrell

Barcelona, Spain, Philippines

Ishaque

New Jersey, United States

KYLE LARSON

Little Falls, United States

investor

Candiac, Canada

J

johan

Oslo, Norway

Kitty

Hailsham, United Kingdom

Kylie

Mount Martha, Australia

J

jkats1988

New York, United States

K

KakkoiiCali

Anaheim, United States

cyrus0302

San Francisco, United States

YB Song

Seoul, Republic of Korea

E

erozlum

Istanbul, Turkey

snapcore

--, United States

Hope2012

United Kingdom

J

JeanSmith

Mercer County, United States

D

dancesflo

sao carlos, Brazil

S

soren

Göteborg, Sweden

A

argentpepper

Boston, United States

T

tommy0579

Salt Lake City, UT, United States

Raoul72

Naarden, Netherlands

Z

zako316

Chicago, United States

P

pieces15

Grand Falls-Windsor, Canada

G

Gymeagary

Bangor, Australia

B

bgxalz

Kópavogur, Iceland

Harley

New York, United States

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

Loading...

Loading...

Loading...