Entrepreneur
Name
Charles
Member since
October 2013
On-time repayments
70 installments • 27%
About Me
my name is Charles Njenga Muchai,and am happy to say I recently was blessed with a new born baby,am college graduate and am a business man
My Business
currently I ran 2 businesses,I sell eggs and I bought a van which I use to ferry goods for customers and also my own
Loan Proposal
my business is called njega Enterprise which deals with buying and selling of eggs.i usually source my eggs from farmers and resell them to hotels and shops in naivasha town and its environs.i also have retail customers from time to time,try to look for new markets every now and then.my main challenges include shortage of eggs and fluctuation of prices after a period of time.i have two casual employees.i spend most of my tme in the business since I believe in serving my customers.my net income ranges between 10000-12000 per month after expenses which include rent,transport and wages.with this loan I want to increase my stocks so that I can maximize my revenues and profits.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Mar 11, 2014
Repayment status
On Time
Projected term
16 months
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