Name
Simon
Member since
December 2016
On-time repayments
59 installments • 85%
my names are Simon Ngugi, i've been educated upto o' levels,
due to lack of fees i couldnt go to campus so i ventured into business.I have tried so many types of businesses e.g barber shop, shopkeeping, farming etc currently I'm doing transportation.
i operate in transport business, i have my own motor bike which i use to transport people in town, thats how i get my income, and it pays since people who live in the surbarbs dont have access to buses, i chose this kind of business since the demand is high and the cost relatively low, i use my income to provide for my elderly parent assist my sisters, and improve my lifestyle,i keep some poultry, and a few goats
Using this money, i was hoping to purchase seeds (beans and maize) that i will plant during the rainy season (may to july),i have acquired some land approx 2 acres and have prepared it, awaiting planting, this year i was hoping to go from subsistence to agribusiness,
With the high cost of living in Kenya, and agriculture being a profitable business, i thought this would be a great opportunity,
Farming is also a passion for me,
My transport business is doing good although i need to go to a next level where i can own property and invest,
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
May 26, 2017
Repayment status
On Time
Projected term
6 weeks
Ask Simon a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.