Stephen

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

October 2011

On-time repayments

47 installments  •  53%

About Me

My name is Stephen Karue Githae I come from Karunga Shopping Centre, from Nakuru/Nyahururu road at a centre called Maili Saba you branch on you right on a rough road you go past a school called St. John Secondary School then from there to Karunga Shopping Centre. My business is called Farm Focus Agrovet. I also live near that shopping centre so if you ask for Mr. Focus you will be brought at my place. I am a family man with one wife and three children , we live there with my family.

My Business

I operate an Agrovet at Karunga Shopping Centre and also do mixed farming that is growing crops and keeping livestock. From the business of Agrovet a get about 350000 annually and from farming 500000. I use the above amount to pay bills and school fees, we do not buy food stuffs because most of it we get it from our shamba, also we do not pay house rent because we live in our farm. The total annual income is about 850000

Loan Proposal

Improve my stoking since I have started another sub-branch in my neibouring shopping centre [kabatini plot no 186], I would like to:-
1. Add stock by buying farm put chemicals, fertilizer, animal feeds and seeds now direct from the companies or manufacturers. This will earn me more profits.
2. Shift my 2nd business to the next door whereas the house is big enough for my work. The shop will accommodate more customers for better effectiveness and efficiencies. Also employ another worker.
3. I am an (AHA) ANIMAL HEALTH ASSISTACE; I offer veterinary services. I will buy a motorcycle for effectiveness of my services.
4. Start small hardware materials in my shops for sell i.e cement, nails, varnish, pangas, files, sickles etc.
5. I will achieve this since through my maize farming I have saved 85000 Kenya shillings now plus this funding.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,211.00

Date disbursed

Oct 25, 2012

Repayment status

On Time

Projected term

14 months

Lenders

M

marycb

United States

AWOL

USA, United States

I

internetfrust

Wiesenttal, Germany

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