David Gichuhi

Thika, Kenya

100% repaid



David Gichuhi

Member since

June 2013

On-time repayments

17 installments  •  35%

About Me

I come from a middle class family in Kenya, comprised of my parents Joseph and Charity and four siblings. I am the third born in the family born among three beautiful ladies:Marion, Evelyne and Phoebe. We reside in Deacons estate past Kivulini estate neighboring the new Kenya Power plant.
I am trained manager by Profession with a bias in the procurement realm. I went to school at Thika primary school where I graduated with 388 marks out of 500. I then progressed to join high school at Thika High School here I studied for four years and graduated with a C+. I then joined Jomo Kenyatta University of Agriculture and Technology where I took a management course in Purchasing and supplies management and graduated with a diploma in the year 2011. I then progressed to work as a Warehouse Clerk with Wilmar Agro Limited before joining Orange Kenya where I worked as a Logistics Assistant until my contract expired late last year.
It is due to the hard economic strains and desire to advance my career in future: that motivated me to start a business, also to help me pay some bills here and there. Most of my income goes to my savings account as I want to achieve the above mentioned dreams. I also aspire to enlarge my business through earnings since being self employed is the most self actualizing status to attain.

My Business

From my savings I was able to start a small business that deals with selling shoes. I sell both second hand (mitumba) as they are locally called and brand new shoes. I had initially begun with dealing with mitumba but as the market demands and trends dictate I decided to include the new ones later on. Both men and women in this town are trendy people and the town being an educational centre as well as administrative tends to provide a large and able clientele basis.
I started with a stock of worth 11000 and this has grown to 36000 as of this date. The profit margin generated per piece varies from each piece and the negotiating power of the customers hence I am able to raise 300 on the least to 1000 on a good bargained item.
The clientele base that I have established prefers to buy from me as I do take the goods and to their offices at their convenience, an approach that has contributed to the fast growth of my business. My customer relation skills also lure them to me as well as encouraging their friends to buy from me which none has ever regretted to do.
Operational costs vary from time to time due to some factors I will mention below. First the local authorities are not consistent in collecting the authorized amount from traders and when they come they extort more than that as they normally like to be bribed failure to which they threaten to arrest us. This poses the greatest risk in my venture. Secondly, I have not been able to find a stable premise for the business hence fluctuating costs of operation though averagely they range from 7000-11000.

Loan Proposal

To begin with i must express my gratitude for the first loan that was rendered to me. it has really transformed my life significantly.

with the loan i am applying, i intend to increase the stock in my business, we are in a festive season of Christmas and i must say business is good hence i was able to pay my previous amount collectively. i will buy more shores and stock some more complementary goods like hand bags and belts that my clientelle base has been raising demand on.






Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Dec 20, 2013

Repayment status

On Time

Projected term

12 months

Other loans




Adliswil, Switzerland


shanghai, China


Oslo, Norway



Moon, United States



Seattle, United States



Seeleys bay, Canada


leicester, United Kingdom


Falun, Sweden



Munich, Germany



Lynnfield, United States


Lake Mary, United States


Sarasota, Fl, United States


Portsmouth, United Kingdom




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