Name
Stanely Njoroge
Member since
May 2015
On-time repayments
259 installments • 84%
My name is Stanely Njoroge, third born in a family of eight. I am a Christian by faith. I went to Kimorori Primary and I did my KCPE in year 2008. I joined Kariguini Secondary and I did my KCSE in year 2012. Due to lack of money, I was not able to join a college. I decided to start farming. In year 2013, my uncle at Mazeras called me to work in his shop, but in the year 2015 January my uncle's shop was attacked by robbers and they managed to steal money and shop inventory. So, my uncle told me that our business would not be able to pay a worker. I decided to start my own business of selling plastic bags in the market and small shops. During my leisure time, I love watching movies.
My business is selling plastic bags in the market and small shops. I chose this business because many people use plastic bags for carrying simple things from the market and shops, and it needed a small amount of capital. In one week, I manage to raise KSh 1000 which is not enough to satisfy me with daily bread and to pay house rent. If granted this loan, I will be able to expand my business and this will add income in my pocket which will help me to employ youths here. Thank you in advance.
First of all i will start with land preparation which will cost me 100$ secondly i will buy highbred certified seeds which are doing very well in our area and will cost me 50$.I also i will use the loan to buy herbicides and pesticides and will cost 40$ furthermore 40$ which is required for fertiliser and also i want to improve my farming tools and equipments which may cost 40$.And also there is need for labour which costs 60$ and also i need an android smartphone which will make communications easy with my leaders which costs 50$
my name is stanely njoroge third born in a family of eight ane am a christian by faith.i went to kimorori primary and i did my KCPE IN year 2008 . I join kariguini secomdary and i did my KCSE in year 2012 .Due lack of money i did not able to join a college .i decided to start a single farming .in year 2013 my uncle at mazeras called me to work in his shop but in the year 2015 january my uncle shop was attacked by the robbers and they managed to steal money and shop varliety . so my uncle told me that our business cannot be able to pay a worker . so i decided to start my own business of selling plastic bags in market and small shops . during my leisure time i love watching movies.
my business is selling plastic bags in market and small shops . i choose this business because many people use plastic bags by carring simple things from market and shop and it need small capital . in one week i manage to raiseksh 1000 which is not enough to satisfy me with dairy bread and to pay house rent. If gratend this loan i will be able to expand my business and this will add income in my pocket.which will help me to employ youths here.thank you in advance.
First of all i will start with land preparation which will cost me 100$ secondly i will buy highbred certified seeds which are doing very well in our area and will cost me 50$.I also i will use the loan to buy herbicides and pesticides and will cost 40$ furthermore 40$ which is required for fertiliser and also i want to improve my farming tools and equipments which may cost 40$.And also there is need for labour which costs 60$ and also i need an android smartphone which will make communications easy with my leaders which costs 50$
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$337.40
Date disbursed
Sep 7, 2019
Repayment status
Late
Projected term
13 months
Cost to entrepreneur
Service fee: $13.09
Credit risk payment:
$65.49
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