George Chege

Zebra Estate,githuguri Location, Machakos County, Kenya

100% repaid

Entrepreneur

Name

George Chege

Member since

January 2013

On-time repayments

191 installments  •  53%

About Me

I was born in the year 1982 in Muranga County, I join a primary school called Mbari Ya Hitii Primary School where a did my primary level education very well but I did not go to high School because of lack of School fees and started my business as a hawker in the year 1988 . and now am a businessman operating a wholesale business and a shop, am married with two children. One boy and a girl. My daughter is in primary school in class five and the boy is in class two. I am working very hard to provide for my family basic needs such as food and good Education.

My Business

My business is of selling merchandised goods both wholesale and retail. In my blessing shop I sell good like sweets, soaps, detergents, cooking fats, maize flour, wheat flour and many more goods, I also owner two motor circle where I have employed two people who work for me. I supply goods to all the shops in Zebra Estate and the surrounding areas. My dairy sale is Kenya Shillings fifty thousand shillings per day making a profit of Kenya shillings four thousand shillings per day after all the expenses and the business gives me a profit of Kenya shillings two thousand only

Loan Proposal

Thanks for giving me a chance to apply for a loan.I wish to apply for a loan to boost my business, I want to buy more bags of sugar, rice, cooking fats, detergents, sweets, and many a sorted goods for sales in my shop and supply to near by retail shop on wholesale .I be able to supply more products to my customer and make more profit with the money. The Ksh 110000 will make me a profit of approximate 10% per month and after paying my expenses I will be able to pay my loan for Zidisha and remain with a good profit

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,275.61

Date disbursed

Sep 25, 2013

Repayment status

On Time

Projected term

13 months

Cost to entrepreneur

Lender interest: $1,275.61 at 4.03% annual rate over 13 months = $57.83

Service fee: $51.84

Lenders

M

m_dennis

Toronto, Canada

Zidisha

Sterling, United States

Jeff and Marcie

Portland, OR, United States

valliejc

Edmonton, Canada

Scott Walker

Canmore, Canada

Darrylb

Heber City, United States

Pierfausto

Rome, Italy

Sundstroms

Falun, Sweden

Quentin

Toronto, Canada

Namaste250

Pittsford, United States

S

SalterEA

Trenton, United States

4

4RedStripes

Martorell, Spain

J

JayZKay

New York, United States

Bobrm2k3

Charleston, United States

calvero

Bergen, Norway

scgtb

Sarasota, United States

B

bonnieinbremen

Bremen, Germany

K

kingcamo1095

Mountain Home, United States

C

CTAustralia

Caboolture South, Australia

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