Entrepreneur
Name
Simon
Member since
September 2017
On-time repayments
225 installments • 89%
About Me
My name is Simon Njenga.I was born in 1981, in Githunguchu village Nyandarua county.I went in Githunguchu primary and later joined Githunguchu secondary school. My children hood life was very tough. but after school I started a small business in the nearby town. where i was given $10 by my older brother to start a business. I have been in the business for about 10 years now. Im paying a business permit of $80 in Nyahururu town where i locate my business at the moment.
My Business
my business is in Nyahururu town laikipia county. I have managed to build a good relationship with my customers so I usually gets a good profit. I use my profit to pay my children's school fees and grow my business by adding more stock. also I improve my home where we live with my family, but most importantly I still share the profit by the society by buying a nearby childrens home Shoes and clothes. I support the children homes to in laikipia county.
Loan Proposal
Its back to school season and I will buy back to school shoes. We usually sells black bata shoes for back to school. So I will buy from shoe number 2-5 costing 14 dollars each. I will buy one dozan that is 140 dollars. Also I will buy shoes number 5-10 that cost 15 dollars each. So one dozan is 150 dollars. The total amount will be 290 dollars. The rest i will buy school sock which will cost 60 dollars. Each pair of shoes I make a profit of 2.5 dollars so in two dozen I will make a profit of 60 dollars that will be good for my business. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$344.00
Date disbursed
Jan 23, 2018
Repayment status
On Time
Projected term
3 months
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Kathy F Nov 23, 2018
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