Entrepreneur
Name
George
Member since
August 2012
On-time repayments
121 installments • 81%
About Me
My name is George Nyakundi Siko . I am a family man with five children.
I come from Bahati area as you travel along Nakuru/Nyahururu road as you reach Jomo Kenyatta High School you go to the next stage called Mwisho wa Lami. You alight at that stage and just ask for George’s Shop you will also see the shop on your right hand as you alight. The plot is in the shamba plot no2625.
I was born in Bahati area where I started school in the same area , in a school called Ourlady of Fatima Primary School. After completing my education I started helping my parent in farming business and then I started small business which have grown to a big business today. when I started the business I could sometime fall short of the commodities but I used to even travel far and wide to look for the missing commodities e.g maize or maize flour.
My Business
I have a shop where I have stated at Mwisho wa Lami stage. I sell different types of commodity rage from food stuffs and other goods. I get about 25000 per month and annually is about 300000. I also do farming where I get about 200000 per year. So the total annual income is about 500000. I use the amount to buy new stock for the shop pay school fees for my children and also pay for my other bills.
I operate a general shop where i live at Mwisho wa lami . I sell different types of commodities e.g. food stuff like maizee flour , all types of cereals and other house hold goods. With the profit i get from my business i pay zidisha loan , pay school fees for my children and last time i bought i motor bike and also i use the remaining for home improvement.
Loan Proposal
i would use the loan for buying a new stock in the shop and also replace the one which have already finished. this is a harvesting season in our area and the money will help me to buy maize and beans which grow around my area and that will be minus transport cost because it just around my area and some customer do bring to my shop. this mean i will make a good profit in return.Once again thanks Zidisha lenders for the good work.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$748.01
Date disbursed
Oct 10, 2015
Repayment status
On Time
Projected term
14 months
Other loans
Lenders
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