Entrepreneur
Name
Richard
Member since
June 2017
On-time repayments
174 installments • 70%
About Me
My name is Richard Momanyi. I was born in Kisii county which is in the western part of Kenya. The main occupation there is farming and my parents are small scale farmers. I grew up helping them in the farm and we also used to keep some domestic animals like cows and goats.
I am married and looking forward to starting a family with of two children.
My Business
I do business in the coastal town of Mombasa city where I sell household items in a small shop. I sell items such as cooking oil, maize and wheat flour, sugar etc. I serve people who live in my neighborhood.
I make around $100 per month but I am hoping to increase this amount as I keep expanding the business. This amount will inch upwards due to continued support I am getting from Zidisha.
Loan Proposal
I will use this loan to buy 10 kilograms of sugar and then sell at my shop. I hope to make a good profit which will help me in my day to day activities.
Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$18.00
Date disbursed
Jun 8, 2017
Repayment status
On Time
Projected term
4 months
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