Stephen

Nakuru, Kenya

25% repaid

Entrepreneur

Name

Stephen

Member since

October 2011

On-time repayments

47 installments  •  53%

About Me

My name is Stephen Karue Githae I come from Karunga Shopping Centre, from Nakuru/Nyahururu road at a centre called Maili Saba you branch on you right on a rough road you go past a school called St. John Secondary School then from there to Karunga Shopping Centre. My business is called Farm Focus Agrovet. I also live near that shopping centre so if you ask for Mr. Focus you will be brought at my place. I am a family man with one wife and three children , we live there with my family.

My Business

I operate an Agrovet at Karunga Shopping Centre and also do mixed farming that is growing crops and keeping livestock. From the business of Agrovet a get about 350000 annually and from farming 500000. I use the above amount to pay bills and school fees, we do not buy food stuffs because most of it we get it from our shamba, also we do not pay house rent because we live in our farm. The total annual income is about 850000

Loan Proposal

The purpose of this loan is to improve my two business by adding stork. First am going to start selling hardware material in my two shops e.g nails, pangas, sickles, hammer, floor covering, jembe and bolts. I am also going to start selling motorcycle spare parts in my two shops e.g tires, tubes, headlights bulbs etc since motorcycle have become common in this area.
Buy fertilizer, seeds, agrochemicals. Also I will buy semens where I will be offering artificial Insemination Services.

Feedback

7

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2,785.00

Date disbursed

Jul 25, 2013

Repayment status

Late

Projected term

27 months

Lenders

C

chkuo

Taipei, Taiwan

A

Anonymous2

United States

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