Michael Njuguna



Michael Njuguna


Location:
Mbotela

Country:
Kenya

Age:
29

Gender:
Male

Education:
Secondary School


Business Type:
Agriculture

Status:
Fully Funded



About The Business

Michael used to work until the company had to layoff some of their workers due to the economic climate. He is the fifth born of a family of ten. He lives in Nairobi mbotela estate with the rest of his family. He has an ongoing babana business where he buys in wholesale and sells to the retailers. He intends to be a wholeseller once he has the loan in that he will buy the bananas from the farms and inturn sell them to wholesalers. He expects to further his business to selling other food products from the farms and supplying the same to institutions and hotels.



Loan Overview

Requested:
$550.00


Raised:
$550.00


Remaining:
$0


# Loans:
8






Loans Details

Repayment Term:
12 months

Repayment Frequency:
Monthly

Field Partner:





Field Partner Overview

Field Partner:

Time on UYDO:
52 months


Interest Rate:
20-30%

Default Rate:
5%


# UYDO Loans:
20



More Info