George Chege

Salgaa, Kenya

100% repaid

Entrepreneur

Name

George Chege

Member since

July 2012

On-time repayments

173 installments  •  28%

About Me

I am 35 years old married and blessed with 3 children, a girl and 2 boys. As far as the education is concern, I reached standard eight of primary education because my parents could not afford the school fees for secondary school. When I was at school I used keeping rabbits and chicken which I take care of during my free time. These helped me when I left school for I sold it and started my own Kiosk for selling items like cooking fat, sugar, salt maize flour among other things. I started my Kiosk at home in Wakanguthi farm near Burma farm 5km from Salgaa town which is 30 km from Nakuru town the way to Eldoret.While in school ,i used to play foot ball and net ball as well.I was very tough when it comes to the game.My colleague used to shout when the game beggar till last minutes.

My Business

From Kiosk that I quoted above grew to be a small supper market which I transferred to Salgaa town and serves the entire Salgaa and its surrounding community. My business continued improving up to 2007-2008 when it was all destroyed during the post election violence and left me to zero. I was left without anything until when I got a loan from the above group and I started a different business of buying milk from farmers and sell it to individuals and it’s picking up. I do have a milk bar in Salgaa town.As the culture of African,almost every body used tea in every morning,so my product is in demand.In-fact in the young age till old age, my parent used to practice Dairy farming and i together with our younger sister and brother.During this period, i came to learn more about this business.The profits i got from this business,i used to pay for my children's school fees and other to cater for my family needs.

Loan Proposal

Thanks to zidisha fraternity for capacity building.Thanks to lenders for their hand in this process.This second loan i intend to use it in purchase of chest deep freezer for KES70,000 which will help my business in preservation of milk.The balance KES 87,000 i will use it in purchase of motorbike which i will use in transportation of milk form farmers ,source, to my milk bar,roads are in very poor condition.Appealing to lenders to bid toward this plan. .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,851.34

Date disbursed

Oct 20, 2013

Repayment status

On Time

Projected term

24 months

Cost to entrepreneur

Lender interest: $1,851.34 at 4.11% annual rate over 24 months = $153.24

Service fee: $131.59

Lenders

K

Kondonassis

Bridgton, United States

Elinor

Maple Lake, MN, United States

Kylie

Mount Martha, Australia

C

chkuo

Taipei, Taiwan

S

Simmo

Sydney, Australia

B

Bpryse

Long beach, United States

P

ploeger

Perkasie, United States

Rdcmole

Cincinnati, United States

S

stroll

Stockholm, Sweden

evinpa

United States

M

magmax

Vienna, Austria

S

share

Whitby, Canada

Svenip

Vienna, Austria

C

cjmenchaca

Austin, United States

Crestwood

Hamburg, Germany

Pierfausto

Rome, Italy

M

missjoyy

Munich, Germany

C

Czosnek

Toronto, Canada

R

RichardH

Manchester, United Kingdom

SHRFamily

Vancouver, Canada

K

kenner225

Fort Collins, United States

M

Mårten

Inden, Switzerland

S

SvenWaage

Stavanger, Norway

Namaste250

Pittsford, United States

M

mmcclu111

San Francisco, United States

Maartje

Hinteregg, Switzerland

P

Peksa

Espoo, Finland

A

Arinelle

Toulouse, France

P

PHU99

Zwingenberg, Germany

Bobrm2k3

Charleston, United States

Stantons

Medford, United States

calvero

Bergen, Norway

JPadgett

Chandler, United States

silyara

United States

U

urtica

Moscow, United States

Sarasota

Sarasota, Fl, United States

Ask George a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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