Name
Grace
Member since
September 2018
On-time repayments
4 installments • 75%
I am Grace Nyawira born and raised in Nyeri County. I was raised in a family of nine which was quite hard for as all since our parents did not have a stable income. However, I ventured into different businesses with a view to overcome these hardships. I started my first business that required a small income and fortunately it grew first. I used the profits from this business to start a coffee plantation which has also grown quite well. My hobby is interacting with people, doing business, and farming.
I sell coffee berries to a local coffee factory at my home area. these goods are in demand since there are only a few people who are growing coffee hence the reason why i chose these business. the costs that i incur include pesticide and pruning expenses. in return the income earned from the business exceeds the expenses. i use the the profits in reinvestment and also to grow the business.
i will use the loan to increase my charcoal stock to twice its current amount. by so doing, i am guaranteed that my revenue will increase to twice its amount and so will my profits. i will then use the profits to invest in other sorts of related businesses such as opening another charcoal store in a different location.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$24.00
Date disbursed
Oct 3, 2018
Repayment status
On Time
Projected term
1 week
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