Simon Muturi

Nakuru, Kenya

26% repaid

Entrepreneur

Name

Simon Muturi

Member since

July 2013

On-time repayments

13 installments  •  0%

About Me

I am 32years, 4th born in a family of 6, i was born in Nakuru town.I have a diploma in business administration. currently I am running a carwash business in the outskirts of Nakuru town. due to lack of employment opportunities i decided to open up the carwash business. I am hard working, ambitious and a focused person. I am quick decision maker and also like challenges.I also believe in creating employment. I am a good listener since i believe its only when you listen that u get to learn new things in life. I also try my level best to keep my self abreast with new information since i believe information or knowledge is power in today's world.my hobbies include reading, travelling, making new friends and listening to music.

My Business

Nakuru being a town that is growing at a very high rate, I saw the opportunity in investing in the car wash business since there are many new investors who would definitely require car wash services and yet the market is not yet well exploited. this is because the services lacks the personal and unprofessional touch, thus many clients deal with employees who are not in a position to offer satisfactory services to them. In my car wash business, we offer carwash services, buffing, engine wash, high pressure body wash, vacuum cleaning, carpet cleaning among others. I make an average of Ksh32,000 to Ksh 37,000/month in gross. my expenses include rent, water bills, electricity bill, and salary to my one permanent employee. i also hire casual workers depending on workload. my expenses are averagely Ksh 18,000 per month. I would like to use the loan in purchasing another high pressure compressor machine in order to be able to cater for more clients at lesser time since many customers are not patient enough to wait especially when the workload is high. My income will assist me repay the loan with ease.

Loan Proposal

Nakuru being a town that is growing at a very high rate, I saw the opportunity in investing in the car wash business since there are many new investors who would definitely require car wash services and yet the market is not yet well exploited. this is because the services lacks the personal and unprofessional touch, thus many clients deal with employees who are not in a position to offer satisfactory services to them. In my car wash business, we offer carwash services, buffing, engine wash, high pressure body wash, vacuum cleaning, carpet cleaning among others. I make an average of Ksh32,000 to Ksh 37,000/month in gross. my expenses include rent, water bills, electricity bill, and salary to my one permanent employee. i also hire casual workers depending on workload. my expenses are averagely Ksh 18,000 per month. I would like to use the loan in purchasing another high pressure compressor machine in order to be able to cater for more clients at lesser time since many customers are not patient enough to wait especially when the workload is high. My income will assist me repay the loan with ease.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 29, 2013

Repayment status

Late

Projected term

13 months

Lenders

ErikN

Stockholm, Sweden

J

Jaslogic

Castle Rock, United States

scgtb

Sarasota, United States

sbyun

Toronto, Canada

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