Transport

Francis

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Francis

Member since

January 2017

On-time repayments

16 installments  •  50%

About Me

am francis njoroge a male Kenyan aged 47 years married and a father of two girls aged 18 and 15yrs am the second born in a family of 4 have 2brothers and one sister raised by a single mother a retired civil servant I stay with my family in Riruta satellite Nairobi in my own plot with all required documentation am a business man and landlord

My Business

my main Bussiness is supply of building materials and a landlord I earn from rental income the houses are semi permanent built with iron sheets I plan to upgrade to permanent in future when finances improve right now am educating my girls which is expensive my supply Bussiness is tough because I don't own a Lorry I hire other peoples but plan to buy mine in near future the amount I started with is small to do any meangful Bussiness so am content to build it slowly until it reaches my desired amount would appreciate if it was increased to JumpStart me but in meantime I will build my loan slowly my ambition is to get a loan of 2million ksh around 20000$ this will help me buy a Lorry and repay in two years that's my dream I plan to set up a yard and store building materials with this loan I will buy foodstuffs to start the week and repay end month then continue until I reach my desired loan Zidisha is good since I don't need collateral and no high interest rates I pay little and can adjust the schedule depending on how Bussiness is doing this will ensure I don't default when Bussiness is down this is good for me and other Bussiness people my goal is archivable thanks to kind people who are out to help us stabilize our small businesses Ni two years I will be on my way to achieving my goals

Loan Proposal

add to my working capital my capital takes into account my transport needs and food for family communication and phone credit with 700ksh I will be able to shoulder more responsibilities and remove strain on my financiers I will be repaying 200ksh per week which is okay with coz I make that money my aim is to continue with you until I qualify big amount to buy my own lorry

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

Apr 27, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

Ask Francis a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...