Francis

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Francis

Member since

October 2010

On-time repayments

128 installments  •  18%

About Me

My name is francis Nganga mwangi, I am a Kenyan aged 43 years, I am married and working on semi-permanent basis at Mugaa secondary school .

My Business

I own a business where I supplement my earnings to cater for my family, from it I have been able to meet my family needs. To pay fees for my 1st daughter who is in the university and two daughters in the secondary school. And to do some farming.
My business operate at a capital margin of about Kshs 10000 where am able to buy 3-4 sheep from market and slaughter them in three days. The rate of consumption is high but my capital is not able to service it for a week. With a stock of ten sheep I will be able to enlarge my business to serve more customers thus making a higher profit.
I am now requesting zidisha to loan me 30,000 at an interest rate of 5%, grace period of 12 month, credit period of one year. With this loan I will be able to boost my business to serve more customers thus making a higher profit to be able to meet my family needs and repay the loan

Loan Proposal

it has been my wish to expand my butchery shop .I have been selling beef and mutton .Now i will buy my own sheep ,goat and cow and slaughter them on my own instead of buying ready made meat To assist in keeping the meat fresh i am going to buy a refrigarator My customers are botherinmg me they want me to be selling chicken so i will bring for them chicken and fish

Feedback

4

None

2



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Loan Info

Project Type

Classic Loan

Disbursed amount

$779.00

Date disbursed

Jan 18, 2011

Repayment status

On Time

Projected term

23 months

Lenders

N

nani

austin, United States

Dianne

Maryville, United States

AWOL

USA, United States

Sideburnjack

Conroe, TX, United States

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