George

Githungu, Kenya

100% repaid

Entrepreneur

Name

George

Member since

September 2012

On-time repayments

81 installments  •  65%

About Me

I George O. Okech married with 4 (four) children.ilive in Githunguri Ruai in my house plot no. 248 near matatu terminus Githunguri Ruai
I George O. Okech married with 4 (four) children.ilive in Githunguri Ruai in my house plot no. 248 near matatu terminus Githunguri Ruai
I George O. Okech married with 4 (four) children.ilive in Githunguri Ruai in my house plot no. 248 near matatu terminus Githunguri Ruai
I George O. Okech married with 4 (four) children.ilive in Githunguri Ruai in my house plot no. 248 near matatu terminus Githunguri Ruai

My Business

I do run a butchery and a cereal shop, I have these business for over five years.My monthly income is about 35,000/= and my costs per month are about 65000/= but my total revenue ranges between 100,000/= to 130,000/= which leaves me with the above mentioned net income of about 35,000/=
I operate my business in my own kiosks.

Loan Proposal

When i will receive the money 20,000/= will be used to purchase beans at 10,000/= per bag of 90kgs.
per cost 100/= and sell at 140/= make aprofit of 40/= per kg
90x40=3600/= profit per bag
The balance of 20,000/= i will purchase maize at a cost of 90/= per kg then sell at110/= per kg
profit per bag is 1800/=
The shop where i do business is my own premises so i do not pay rent

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Nov 15, 2012

Repayment status

On Time

Projected term

12 months

Lenders

Ron

United States

investor

Candiac, Canada

T

theChad

Perth, Australia

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