Entrepreneur
Name
Jane
Member since
March 2016
On-time repayments
158 installments • 91%
About Me
My name is Jane kuria. I am a mother of two boys named David and Andrew. They are aged 7 and 5 years old respectively. I live in Nyeri county in the middle of Kenya. It is at the slopes of Mt. Kenya. The main economic activity here is farming. There is tea and coffee cash crops too. I come from a family of ten. Parents, 5 brothers and 2 sisters.
My Business
I own a small pub in Karatina in Nyeri town. It is a rural part of the country and the pub does not make much as farmers are busy people. It is a place for farmers to relax after work. Revenue is about US 400 dollars every month. I am also assisting my mother in farming as she is not able now at her age.
Loan Proposal
I have secured some new premises and would like to expand my business by opening another pub. The loan money will help to stock the new business. At the moment it is not adequately stocked. The stock will cost about US $400. The expansion will improve cash flow between the two pubs and economies of scale in purchasing of stock. I expect to increase my profit by 50% in the first 3 months and 100% thereafter as the business continues to grow.
Feedback
Positive
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Neutral
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Loan Info
Project Type
Classic Loan
Disbursed amount
$386.00
Date disbursed
Mar 17, 2017
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Green Cove Springs, United States
Canada
United States
Hong Kong
Jake Gibson and Beverly Picardo
San Francisco, United States
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J Sep 1, 2018
Jane Sep 3, 2018
JimVandegriff May 7, 2018
Jane Jun 15, 2018
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