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
Good afternoon my leders. First I will thank you for your support in my business. Once I receive my loan I will make sure I add the most demanding items I need in my business. At this period the cold is affecting most of people in my region so I need sports shoes, rubber, and jackets to keep warm. Three dozens of men's sports shoes will cost ksh54000. Three dozens of men's rubber shoes costing ksh36000, and two dozens of men jackets costing ksh 24000. This will support my business in a good way.
Income Source
Business has been slow this period. We are having economic challenge in the country but the good thing is that
we have been learning businesses following the gorverment instructions. My business has not been affected mostly because I have never closed my shop during this Corona period, once I receive my loan, I will add the most demanding good to make my business able to repay the loan.
Feedback
Positive
5
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,322.00
Date disbursed
Sep 8, 2020
Repayment status
On Time
Projected term
14 months
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Ask Simon a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Margaret Apr 27, 2020
Mark Weir Feb 19, 2020
Mary Jan 28, 2020
Richard Griebe May 23, 2019
Kathy F Nov 23, 2018
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