Martin Mwangi

Karunga, Kenya

100% repaid

Entrepreneur

Name

Martin Mwangi

Member since

September 2012

On-time repayments

72 installments  •  17%

About Me

My name is Martin Mwangi Wangari. I am married with two children. I reside at Karunga shopping centre. This is where I have located my business. To reach me take Nakuru/Nyahururu road as you reach a centre called Maili Saba, branch to your right hand take a rough road go past St. John secondary school, then from there to Karunga Centre. I live at the centre just next to proposed Karunga market site plot number 131. If you ask for Mbucha Mwangi you will be brought at my home.

My Business

I have a business of selling meat, where’s I sale sheep, goat and cow meat. My business is in a house called Scotts plot number 146 and my butchery is called scotts butchery. This is where I earn my living from. I get about Ksh.35,000 monthly so annually I get Ksh 420,000. I also do farming as a business where I plant crops for sale; I get income of about Ksh. 200,000 annually.
So the total annul income is Ksh. 620,000.
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 to use this loan to open another sub-branch, have an employee, buy the necessary tool for this new business. Also buy cows, sheep and goats for slaughtering. I will also buy motor bike which I will be using it to transfer meat from one butchery to another. I will also selling meat to neighboring butchery using motorbike.

Feedback

4

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$497.80

Date disbursed

Jul 19, 2013

Repayment status

On Time

Projected term

24 months

Cost to entrepreneur

Lender interest: $497.80 at 7.94% annual rate over 24 months = $81.47

Service fee: $35.79

Lenders

V

vidarlil

Sandefjord, Norway

lucafrangi

Vienna, Austria

Kitty

Hailsham, United Kingdom

davelowe100

Perryville, United States

P

Philippe

Adliswil, Switzerland

E

erozlum

Istanbul, Turkey

Silver

Steiermark, Austria

MaxEmerika

Sonoma County, California, United States

A

anonymus

Moon, United States

T

ToddK

Indianapolis, IN, USA, United States

Kysera

Crawfordsville, United States

L

Lemon

Switzerland, Switzerland

B

Bavarian

Bavaria, Germany

H

HildeK

Rogaland, Norway

mewesten

Waynesboro, United States

Sverre

Bergen, Norway

Ask Martin 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...