Entrepreneur
Name
Samuel
Member since
December 2012
On-time repayments
66 installments • 36%
About Me
my name is samuel kagecha kimani,i am 35 years of age.am married of one wife and of two children aged 12 and 3 respectively.am the second born of seven.i live in nakuru,mwariki estate since 1995.i do business in nakuru town.i started my primary school in 1985 and finished class 8 in 1994.i didn't have an opportunity to proceed with my education.from there i started a business of selling mitumba cloths commonly known as second hand cloth.i have been able to expand my business from what i have been getting as a profit from this business.also i have been able to buy a piece of land.plot number kiambogo block2-16703 Mwariki.which am waiting to put up a house for my family.sending my children to school has been another project resulted from this business.though there has been many setbacks here and there trying to coup up with life,business going up and down sometimes,i have been very positive about this business where i have been having experience of almost 20 years.i will always be focused at improving this business in Nakuru and at large.
My Business
i sell mitumba cloths commonly known as second hand cloth in nakuru ,kenyatta avenue. I sell all types of clothes even uniforms. I get around kes 30,000 per month that translates to kes360000 annually. I also do farming as business where I grow crop for a commercial purpose and for and for my family consumption.i see this business promoting us as the family because it has kept up on the move interms of school fees,paying workers and also expanding business for a better tomorrow.competition is stiff that why i don't sell one kind of commodity but i prefer selling different commodities ie bags,mens wear,ladies wear and also shoes at slightly lower prices.
Loan Proposal
thanks for the first loan you gave me.it has helped me to grow my business and also stabilized my family financial position.
am also glad to get the second loan as it will help me to boost my business.
i will also introduce new stuffs to the customers.
renovating the business will be another idea that am also thinking of.
having the profit,i will also like to expand the house of my family.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$204.00
Date disbursed
Sep 25, 2013
Repayment status
On Time
Projected term
10 months
Other loans
Lenders
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