Monicah
Kiboronjo, Kenya
100% repaid
Name
Monicah
Member since
April 2017
On-time repayments
53 installments • 38%
My names are Monicah Wanjiku Njogu. I was born and raised in Kiboronjo Lower Subukia. I live in a family of eight that is me, mum, dad my two sisters and three brothers. I am the second born. I joined Winyumiririe Primary school and later joined Umoja secondary school. After graduating from high school I have been doing different kinds of jobs before I finaly settled on self employment. I am a Christian that believes in God
I have doing different kinds of jobs, upon completion of my high school, I went to Nairobi where I was employed in food joint. I started saving money which was then my starting capital for my business. I buy cereals that is maize, beans, peas, ndengu during the harvest period in which the price is low. I store them and sell them later at high price where they are scarce in supply and during planting season. When the harvest is not much am forced to buy my goods in far area where the harvest is much higher then transport them in my area to satisfy my customers need. Am able to sell 2 bags each 90kg combined goods per week when the business is low and above 5bags each 90kg when the business is doing well.
Due to the increase in demand for maize and beans for planting, I kindly request a loan so that i can increase the stock in order to meet my customers demand. This loan will help me since i will make profit as the price of maize and beans is high in my area thus if i buy from another area to sell in my area i will be able to get profit and as fell satisfy my customers. Thank you
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Project Type
Classic Loan
Disbursed amount
$282.00
Date disbursed
May 26, 2017
Repayment status
On Time
Projected term
22 months
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