Entrepreneur
Name
Mordecai
Member since
February 2015
On-time repayments
127 installments • 89%
About Me
My name is Mordecai Wambi , a Kenyan by birth born in 1979 in the upcountry in a village called Ngere. I did my primary education in my village and then later went to a nearby high school in the same village "village boy" after high school i proceeded with my education in Nairobi city and joined Kenya Polytechnic for my Diploma studies in IT. Majorly my life is structured in the IT industry. It is always said that life is what you make it."if you make it hard it becomes harder and if you make it easy it becomes easier"I came to start my business when my employer was auctioned and i was stranded from where to start from,that is when i decided to start my own business.And my children would like to be Engineers .
My Business
Its sometimes very interesting to talk about how it all started but through favours from God it all came to pass.i started my business like 7 years ago and named it Mudina Communication as a legal registered name in the town of Mombasa where i use to work as a computer Technician,throughout my life i love what i do so one by one if i got some money i could buy computer parts then i assemble them, i did this for almost 1 year till i got around 5 computers working,from there i decided to open up a small office where i could do some repairs put up a small cyber with the computers. To God's grace the place picked up and the business was doing well being that i was in the region where people love communication through chatting,massaging and sending mails.i find it easy to run a cyber because i am a computer technician and it has really helped to elevate my business all round. After some hard work after the day i always take my time to relax watching football or playing games. Remember too much of work without play can make one be dull.Generally i make around 1000 to 2000 kshs daily, I have one child of which i pay school fees and some other money i plough back into the business.I have also progressed and switched on to doing some farming of which i am doing right now,i keep different types of poultry e.g chicken,guinea fowl,geese,turkey and pigeon. All these products are in demand because i sell their eggs and meat which people can easily get from my place at affordable price and all this i use it to support my family in school fees,employ the less fortunate in the community and some money i invest back in the business.
Loan Proposal
Hi Lenders,i am planning to expand on my maize farming and poultry farm .The expansion of the farm will entail buying wire mesh,chicken wire,nails,board,iron sheets and some pieces of timber which is at a coast of $200.Buying of Chicken ,Turkey and goose will coast $ 250 and buying of feeds coast $ 150.I will also need to buy fertilizer,seeds and additional work force.After the expansion and increasing my stock i have a target in making a profit of around 50% if that is converted will be around $ 50 a month. This will help me add 1 or 2 labourers of which they will also benefit in one way or another to help their families. I have also managed to expand on my project from the last lending i got to start digging on some fish ponds which i hope will also help in increasing on my profit if it grows.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$482.00
Date disbursed
Nov 18, 2018
Repayment status
On Time
Projected term
8 weeks
Lenders
Atlanta, United States
Toronto, Canada
Hillsboro, United States
groningen, Netherlands
Shanghai, China
Minneapolis, United States
Oslo, Norway
New Zealand
Denver, United States
United Kingdom
United States
United States
Australia
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