Entrepreneur
Name
Simon
Member since
September 2017
On-time repayments
225 installments • 89%
About Me
My name is Simon Njenga.I was born in 1981, in Githunguchu village Nyandarua county.I went in Githunguchu primary and later joined Githunguchu secondary school. My children hood life was very tough. but after school I started a small business in the nearby town. where i was given $10 by my older brother to start a business. I have been in the business for about 10 years now. Im paying a business permit of $80 in Nyahururu town where i locate my business at the moment.
My Business
my business is in Nyahururu town laikipia county. I have managed to build a good relationship with my customers so I usually gets a good profit. I use my profit to pay my children's school fees and grow my business by adding more stock. also I improve my home where we live with my family, but most importantly I still share the profit by the society by buying a nearby childrens home Shoes and clothes. I support the children homes to in laikipia county.
Loan Proposal
Im planing to add more shoes and clothes in my business.I will buy back to school shoes. Ten pair of shoes cost $120; 10 pair of sport shoes $200; 10 pair of baby shoes $50; 10 pair of girls shoes$ 50. Total costing $420. By adding this stock the profit will rise because the demand is high at this season.In this stock Im expecting to make a profit of approximate $150 and above.
Feedback
Positive
5
Neutral
None
Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$413.00
Date disbursed
May 27, 2018
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Germany
United States
United States
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