Elizabeth
Mombasa, Kenya
100% repaid
Name
Elizabeth
Member since
April 2014
On-time repayments
257 installments • 77%
I am a business lady doing business in Mombasa town. I am a single mother of 2 siblings aged 18 and 21 years old both in college. I was born in Laikipia county in Rift Valley province and later relocated to Mombasa in search of greener pastures.
After completing my o level ,i joined Nairobi University where i studied Business and computer studies in the year 2000.
I am the first born in a family of six. I am hardworking, honest and ambitious person. Given this chance (credit) I will be able to take my business to even greater heights.Besides i do spare sometimes to let people know about their rights, we started an NGO in the name of Christian for human rights (CFHCR) which is self sponsored catering for people in prison ,children's home and vulnerable.Am the VICE CHAIRPERSON of the organization.
My business is located in Mombasa in the central business district. It deals with sale of mobile phones and M-PESA its a money transfer and receiving of money commonly used here in my country KENYA. These two products were introduced in Kenya just about 10 years ago and they have been accepted by all types of people. This is what made me get into this business so as to address the needs of the local community as well as making a living out of it.
I have been able to make good progress in this business and I have managed to take my children through their education and other needs though the profit I make. I am optimistic that the growth curve will continue upwards since the demand is still growing rapidly.
I wish to take this opportunity to thank Zidisha fraternity for their continued support. The loans that I have received from Zidisha so far has made me build my business to the level that was unimaginable a few months ago.
It is a new brave world for me and I with your support, I want to venture into lucrative sale of high end phones so as to cater for middle income group which is slowly emerging in Kenya. If given this money, I will spend all of it to build an inventory of of a dozen high end mobile phone with each costing about $120.
There is a ready market for this product especially now that we are heading to the festive season.
Thank you and I hope you will walk with me as you have done in the past.
Positive
17
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$1,109.00
Date disbursed
Dec 24, 2014
Repayment status
On Time
Projected term
10 months
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