Entrepreneur
Name
Francis
Member since
January 2013
On-time repayments
18 installments • 33%
About Me
My name is Francis Mwangi Burugu of P.O. Box 3245 Nakuru. I am a family man with two children.I come form Bibirioni village just as you come from Nakuru on the Nakuru/Nyahururu road you a stage called Morop which is past Bahati centre you branch on your right, you take a rough road go past Upper hill academy then to a junction. Turn to your left towards Mutamaiyu farm and ask Kabebe Farm. am a I do the business transportation popularly known as Bodaboda where I transport people with a motorcycle. I get a bout 30000 per month and 300000 annually. I also do farming as business where I get about Kshs.300,000 per year so the total annual income is about 600,000 annually. I use the amount to pay for the school fees for the children and cater for other needs. I do rent the land on which I do farming at Bibirioni.
My Business
I do the business transportation popularly known as Bodaboda where I transport people with a motorcycle. I get a bout 30000 per month and 300000 annually. I also do farming as business where I get about Kshs.300,000 per year so the total annual income is about 600,000 annually. I use the amount to pay for the school fees for the children and cater for other needs. I do rent the land on which I do farming at Kshs. 16,000 per year and also buy seeds and fertilizer for the farm at Kshs. 30,000. I pay my labourers at a wage of Kshs. 20,000. This amount to a total expense of Kshs. 76,000 when I subtract the transport fee of Kshs. 10,000. my worker as a Boda boda it seems to be very helpful because it caters for my family e.g as food shelter and clothing and also my Nuclear family.
Loan Proposal
when i get the zidisha fund i will add my crops such as maize and beans pesticides and also to top dress my crops. i have a sheep and a cow to look on i will buy feeds for them also.
then when i get the fund i will add a she goat which will provide me with milk which is rear for the area of Bahati and it has a demand too. alos it will help me to feed my children because the milk is so healthy.
when i get the zidisha fund i will add my crops such as maize and beans pesticides and also to top dress my crops. i have a sheep and a cow to look on i will buy feeds for them also.
then when i get the fund i will add a she goat which will provide me with milk which is rear for the area of Bahati and it has a demand too. alos it will help me to feed my children because the milk is so healthy.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 12, 2013
Repayment status
Late
Projected term
18 months
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