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Christine Mbinga

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Christine Mbinga

Member since

May 2017

On-time repayments

42 installments  •  93%

About Me

My name is Christine Mbinga, I sat for my fourth form in 2013. I am a mother of one daughter but stays with two children who are my immediate cousins this is so because they have been staying with their mother but she find it difficult in raising them so i had to chip in to make their future bright. I had been just a house wife when i found it difficult on depending on people so i decided to find a place and with the help of relatives i managed to start my own business of selling bevarages and shoes especially for ladies..
This side of the country climate is always favourable and we really thank God for that, Although my daughter is still young but i would like her to be a nurse when she grows up or else she has her own thoughts. My hobby is listening to music and offering help to people where i can.

My Business

I sell bevarages like sodas, water, minute maids, Novidas etc. They are on demand because most of people in Kenya here especially those with short time during lunch they take them as quick lunches and go back to work. The capital for starting it was not much, it was Kenya Shillings 15000 which i managed to raise from relatives. After selling I usually make sure that I only use half of the profit and save the other half so that I may be able to add stock. On the other hand I also manage to sell shoes for ladies this is so because I don't want to depend on bevarages alone.

Loan Proposal

When granted the loan I still want to add stock to my shop. That is still want to purchase shoes especially the new once in the market, since ladies like and goes with what is in fashion. I will use Kshs. 4000 ($39) of which I believe I will still make an extra profit more than the previous stock.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$41.93

Date disbursed

Mar 21, 2018

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $1.76

Credit risk payment: $3.53

Lenders

A

agwong

California, United States

J

jozua

Delft, Netherlands

K

kathy207

South Portland, United States

athomas

Chevy Chase, United States

Ellwood

Wimborne, United Kingdom

G

glh25

Winooski, United States

soniad

Dubai, United Arab Emirates

MarshFamilyUK

Canterbury, United Kingdom

S

sgunnink

Utrecht, Netherlands

D

docrose1868

United States

Justin

Connecticut, United States

A

Ansgar

Australia

Mimobo

Schwäbisch Gmünd, Germany, Germany

D

djlayton4

United States

Lou Kaucic

Sanbornton, NH, United States

Max Lettenberger

Madison, WI, United States

I

isaac

United Kingdom

JA

Joe and Deb Rinella

Kansas City Metro, United States

GT

Grant Taleck

United States

Dean Suminski

Portland, Oregon, United States

Mr Bucket Filler

United States

Paul Buchheit

Mountain View, United States

L

Logan

United States

GA

Gabe Arnold

United States

PL

Peter Lim

New Zealand

United States

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