Vehicle for distributing local eggs
Charles Wairagu
Mwiki Estate, Kasarani Nairobi, Kenya
100% repaid
Entrepreneur
Name
Charles Wairagu
Member since
May 2013
On-time repayments
396 installments • 87%
About Me
My names are Charles Wairagu and 26 year old and married with with two children. I started my primary school in the year 1993 and finished in the year 2001 where I got a certificate of primary education with a grade of C+ Then continued for my secondary school in a school called Thanchathi Secondary school where I did my O level and passed with a grade of C, After school I did not go to college because my parent could not afford the school fees and were taking care of my other brothers and sisters
My Business
After taking my O level examination I did not join any college due to lack of School fee. I decided to start my own business after working as casual laborer to raise enough capital to start a business of selling green grocer.. I started this business and operated for a period of one year, before starting another business of selling smokies, boiled eggs, Samose a long Mwiki Road opposite Njeri house. This business is doing well and through this am able to feed my family and pay for all of their basic goods and services. In a day I make a profit of Ksh 100 that is about ksh 30,000 a month the money I use to pay for my family needs and pay for house rent and save about 10 percent in my and account..
Loan Proposal
I want to buy a second hand probox which iwill use to transport eggs from the farmer.this will reduce the cost at40% the car cost $4000.the balance of$1250 iwill use my saving . I will be soo happy when I achve this my lenders.
Feedback
Positive
6
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$2,713.65
Date disbursed
Nov 18, 2018
Repayment status
On Time
Projected term
6 months
Cost to entrepreneur
Service fee: $107.72
Credit risk payment:
$430.92
Other loans
Lenders
Hong Kong, Hong Kong
Glen Spey, United States
Denver, United States
Duisburg, Germany
Germany
Switzerland
United States
United States
United States
Devon, United Kingdom
United States
Bonn, Germany
Kalamazoo, Michigan, United States
United States
United States
Germany
United States
Singapore
United States
Germany
Bruno Sanchez-Andrade Nuño (brunosan)
United States
Franklin, TN, United States
United States
Australia
Denmark
Australia
Netherlands
United States
Liechtenstein
Sweden
United States
Netherlands
Switzerland
Austin, TX, United States
Ask Charles a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.
Dean Suminski Sep 12, 2017
Jemilla Sep 12, 2017
Loading...