Timothy
Eastleigh 11th Street Nrb, Kenya
100% repaid
Name
Timothy
Member since
January 2014
On-time repayments
70 installments • 43%
Am Timothy Njuguna, schooled up to college level having done KATC I & II and CPA Sec 1, went to Thigio secondary school and attained a C+ in 2000 and Kagwe Primary where i attained 435/700 in 1997. Am a family man of one wife with one kid a son 10 months old. Also a church elder at AIC Eastleigh Sec-III. Currently am residing at eastleigh Sec III 18th street. My origin is Lari-Kiambu county Kenya. Am a man of good character, despite the world may act against someone's will, i always keep my promise.
Currently am doing the transport business with my Van at Eastleigh. Transport fetches well here coz it is a hub of wholesale business, such the many business citizens all over the country and neighboring countries come here to purchase clothing, shoes, beddings and food staffs. Am now Eight months old here and there is hope despite economic handships facing the Nation. Currently am the bread winner of my family in every aspect food, rent, hospital and clothing. Such am not in a good position of saving much and thus proving hard to achieve some of my goals.
Hello Lenders, I am already in the business of supplying vegetables from Soko Mjinga market to various medium size restaurants in south-C, Nairobi west and eastleigh. Mostly i buy and sell cabbages, carrots, spinach and sukumawiki. This is the sixth week since i started. I have my own vehicle to transport a big Mercedes 308D van like the ones used for ambulances, though i changed the engine to that of Toyota shark to economize on fuel. The business has been good, despite the few challenges with city council who last week caught me and charged me 96 US dollars for lack of a selling license. This was a big blow to me as i had just revived the van with lot of the cash i had for capital. Today 20th March 2014, i did not manage to go buy the vegetables coz i only had $2 dollars in pocket. I need the 48.2875 US dollars to start off again before i loose the orders i had secured. That is, fuel 11 USD and cabbages each is 0.06 usd at the market, such with 37 USD i will manage to buy 600pcs of cabbage and sell each @ 0.22 USD and make a profit of 0.16USD per piece of cabbage. So, with 600pcs which i sell in two days i will make a profit of 0.16*600= 96USD. Lenders I promise never to fail you, as a businessman your loan will work miracles for me and it will be very easy for me to pay back. God bless
Positive
4
Neutral
1
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Mar 29, 2014
Repayment status
On Time
Projected term
5 weeks
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