Name
Daniel
Member since
August 2017
On-time repayments
14 installments • 50%
My name is Daniel Karanja,a prolific businessman in Nairobi.Am a holder of a bachelor degree in Economics from the university of Nairobi.Married with two children though i acquired one through adoption.i was able to start my business through funds that i had saved while i was in the university since i used to practice modern day agriculture.my farm was well managed and cultivated thus it provided my fees and also for the savings.through a very humble beginning,The business has grown with time.after paying taxes,i use my profits for reinvesting in the business,school fees for my children as well and at times i visit various children homes and give my support even though little.i started my business with a capital of Ksh 40000 and it has grown with time and is now worth Ksh.383000
it's an upholstery business where I sell fabrics,cushions, mattresses,webbings, fiber,foam chips,sofa legs and shoe tacks as well.the business is our main source of income though I do practice agriculture upcountry which also brings more income
If am granted the loan,I will use it to expand my business
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$57.00
Date disbursed
Sep 5, 2017
Repayment status
On Time
Projected term
13 months
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PaulE Mar 28, 2019
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