Rabbit farming

Moses Gitau

Eldoret, Kenya

92% repaid

Entrepreneur

Name

Moses Gitau

Member since

October 2013

On-time repayments

21 installments  •  57%

About Me

Hi my name is Moses Gitau a husband and a sales man.In college i did a coarse in information technology,in Eldoret i live in an estate called Mwanzo.My business is located within town center selling phones.Sim cards and airtime.I started this business because i love to be my own boss in a world where there is competition in the employment sector.So far the money that have made in my business has helped me to educate my sibling it's just a blessing to assist fellow human being.The money that i will get from the lender will be of great help because my vision will start becoming reality to open more branches in my town but a journey of a thousand miles start with one step want to grow this business first with time my vision will be fulfilled.

My Business

i love what i do mainly it's a relationship business,and the products that i offer are of great demand both to my clients and to the economy of the country. Airtime is number product that moves in my shop i mean who doesn't want to communicate?and i know paying the loan will not be a great hustle from my profits that i make in a good day ksh 500-800 will try my best to honor that.My greatest challenge is getting the stock when you go to the bank it's hectic getting a loan your business must be attain 5yrs old i mean this crazy having this been in business 4 years the ought to consider me.But i know with this micro finance you will be able to assist many people to reach in their next level in terms of business and decent life.

Loan Proposal

The loan will enable me to xpand my business coz i want to venture into rabbit farming.
also i want to empower the community with the knowlege have aquiredover the years.
with the helpof lenders so much can be done in this field.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$96.84

Date disbursed

Nov 28, 2014

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Lender interest: $96.84 at 7.35% annual rate over 2 months = $1.68

Service fee: $0.84

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