David Kariuki

Utawala, Embakasi,nairobi, Kenya

100% repaid



David Kariuki

Member since

May 2013

On-time repayments

115 installments  •  37%

About Me

I am married with three children. my first born is in class three and the second born is in class one and the younger one is one and half year old. I a married to one wife who love so much. she is house wife and takes care of my children very well while I work hard in my business to provide the basic needs for my family. I have ventured to many business such as selling clothes which did not pick well due to lack of enough capital to run it. I was once employed a s casual labor in a timber industry for five year and then I moved to my own business of selling hardware building materials and equipments.

My Business

My business is of selling hardware materials and equipment to hardware shop on wholesales terms who the sell them to the their customer at retail price. I by my product directly from the manufacturer and distributors at a discounted price where I enjoy a cash discount and trade discount from the dealers and then sell them to my customer at a profit. In this business I make a profit of Ksh 15,000 per month after paying for all my expenses. this money I make I use for my family basic needs such as food and paying for rent. The main challenge of my business is lack of enough capital to buy more goods and meet the high transport cost

Loan Proposal

Thanks all who participate and given me this chance to post a loan. I wish to invite all the lenders and well wishers to support me and bid for my loan application. I will use the money to buy more products to supply to my customer from the dealers. I will by the in bulk and enjoy good cash discount which will give me good profit after selling to my customer at a reasonable price.






Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

May 12, 2013

Repayment status

On Time

Projected term

12 months



Falun, Sweden


Pittsford, United States


Burlingame California, United States



Shanghai, China

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