Adding more bulk goods and relocate to a permanent building

Grace Wakarindi

Kivumbini Estate,nakuru East Constituency,nakuru County, Kenya

53% repaid

Entrepreneur

Name

Grace Wakarindi

Member since

January 2015

On-time repayments

229 installments  •  16%

About Me

I am Grace Wakarindi Mugo.I am a permanent resident of Kivumbini estate,Nakuru County,Kenya.I am a single mother of four children,namely,Muthoni,Wanjiku,Antony and Njesh.They are all still attending various schools,being the first born at Nanyuki Girls in 4th year,the rest i am living with them and they do attend a day school called Kisulisuli Primary school.
I am a christian faith and a church choir leader in my local Church.Since i am the sole bread winner in my family,i established a space in central business district (C.B.D)in the year 2012,where i have been operating my business.Thank you.

My Business

My business is located at the heart of Nakuru town,Kenya.I started operating my small kiosk in the year 2012.I started my business with a capital of Ksh25,000.My business deals with selling cigarettes,sweets,local mobile networks airtime(Orange,safaricom,Yu &Zain),polythene paper-bags,canned sodas,cakes among other goods.The business is licensed and issued with a single business permit(annual license) and it is located strategically close to my customers working area.After the Zidisha first loan and the second loan,my small kiosk has grown in attending my customers and the good services I am giving to my customers.I normally say that they are my boss of the day as they keep my normal life moving through their daily services.In a day i can now serve more than 150 different customers.
In a last month's sales i made a net total sales of Ksh.98,000.After i add more stock of Ksh.65,000,pay my business permit of Ksh.1260,pay my home rent and electricity bill & water Ksh.8,500,pay my children school fees Ksh.11,150.I was left with a clean Ksh.12,090,being a net profit.
In a way of the Zidisha Microfinance supporting my business,I am planning to relocate my business in a permanet building along Kenyatta lane off the C.K.patel building as I have booked one room.Also i will be able to add more goods from the local distributor,which will translate lower prices to my worthy customers and eventually make good sales and i will also make good profit which will sustain my family living standards and also expand my business too.Thank you.God bless Zidisha team.

Loan Proposal

To all my lenders I want to sincerely thank you all.i am appreciating for your kind support and prayers that you have been giving into my small business.
Now I am back to you once again,to kindly request you to support me again with your hard earned money.I am planning to move to a permanent building which is just opposite to where i am.The room will cost at Kes.12,000.Adding more assorted goods in my shop at Kes.13,000.I am looking forward for your kind generosity in my loan funding.thank you all in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$255.00

Date disbursed

Aug 5, 2015

Repayment status

Late

Projected term

48 months

Lenders

A

Anninymouse

Southampton, United Kingdom

investor

Candiac, Canada

torelizer

Reggio Emilia, Italy

cyrus0302

San Francisco, United States

DeanDropshot

Oslo, Norway

R

rcmssr

Woodbury, United States

T

ToddK

Indianapolis, IN, USA, United States

C

cjmenchaca

Austin, United States

BJ

Brandon Joz

North Carolina, United States

Jeff and Marcie

Portland, OR, United States

B

blahblah

Nuernberg, Germany

TheWhiteCat

Surrey, United Kingdom

beverly

Vancouver, Canada

T

tmsaddress

Orlando, Florida, United States

F

Fischer

Calgary, Canada

ads68

Melbourne, Australia

T

Tui1974

nuenen, Netherlands

fairspirit

Utrecht, Netherlands

S

solarkismet

Logan, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Zal0m0n

Atlantis!!!! x), Mauritania

B

Bokolo

Leeds, United Kingdom

xtrahardware

Cazenovia, United States

B

BMcDermott

Washington, DC, United States

E

E

Marin county, United States

G

grogzoid

United States

Matching Fund

Sterling, United States

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

L

luckiestmonkey

United States

WiscoHorndog

United States

I

idris

United States

Otto Barten

Amsterdam, Netherlands

M

M.Umar

Pakistan

A

adamdreaming

United States

S

Stephan

Netherlands

Dave Bogard

New York, United States

MW

Matt Willis

United States

W

Wade

United States

PT

Pattie Thomas

United States

AH

ajay hampapur

United States

wissam

Jeddah, Saudi Arabia

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • Grace Wakarindi    Feb 8, 2017

    With the slow business turn over,I am requesting to reduce my weekly payments to 100.Thank you in advance.

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  • Grace Wakarindi    Dec 17, 2016

    I thank lenders and all zidisha staffs for improving my business environment.The stock that I increased from the previous loan has greatly improved my sales which turns to be a good profit.Now that we are in December,there has been a huge people traffic in town which has given a good return to me.With your help I have good profit to increase my weekly installment.Thank you.

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  • Grace Wakarindi    Dec 17, 2016

    I am doing averagely my dear lenders.Since we are in December,the business is expected to thrive well from the shopping spree from my customers and other visitors in town.Thank you Zidisha for making my business improve.God bless zidisha team.

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  • Grace Wakarindi    Jan 20, 2016

    Hi my lenders and the zidisha fraternity?Mine is god though the business has been slow of late since it's January.All my customers have been responding in a low numbers thus making my sales down.Please,I would request for low amount to be paying for a while and I promise to re-change to a higher amount soon.Thank you in advance for your continuous support.

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  • Grace Wakarindi    Dec 13, 2015

    I am kindly requesting for a lower weekly installments for the time being.The business has been slow although I am anticipating to be good in this festive season.Kindly bear with me and pray for me and my customers too.Thank you.

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  • andyfletcher    Nov 22, 2015

    Hello Grace,
    Do you have any news of Charity Njoki? She has not made any payments on her loan.

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  • Victor    Sep 13, 2015

    Am her volunteer mentor

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  • Victor    Sep 13, 2015

    Contacted her on the delaid payments and she said she will pay the dues soon.

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  • Grace Wakarindi    Aug 7, 2015

    My worthy lenders,Yesterday on the 06/08/2015, I received your loan and I am happy as you have done good to my small business..i am in my final paperwork with the landlord,where I will be relocating soon at the permanent building.I am also going to add more fast moving goods so that I can increase more customers volume.Thank you so much for your kind and generous support in my business.

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  • Grace Wakarindi    Aug 4, 2015

    Thank you my lenders for making my loan funding a success.I am intending to fully utilize the loan back to my small shop business.Thank you in advance for making my loan a 100% contributed.Welcome.

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  • Grace Wakarindi    Jul 28, 2015

    Thank you my worthy lenders for keeping my small business a clear face of tomorrow's expectations.I thank you all for making this possible.Thank you all and i am hoping that you will still be on my side in my future loans.Thank you! Thank you! Thank you.

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  • Grace Wakarindi    Jul 18, 2015

    Hallo my Zidisha team and the lending panel.I am requesting you to adjust my payments for the remaining balance to pay all in one installment.I have made good profit this week and i am going to clear the remaining balance.Thank you for the support you have been giving my business.I have really moved to another higher lever just through your loyal support.Thank you and God bless Zidisha.

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  • Grace Wakarindi    Jul 18, 2015

    To my worthy lenders i am doing fine here in Kenya doing my business as usual for my daily bread.The business has been doing fine of late especially on the soft drinks as people has been quenching their thirst as a result of the heavy sunny intervals.I am happy as this means that the business will be positive at the end of the week.I am looking forward to increase more soft drinks sooner i get the profit.Thank you for the kind support.Love you all.

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  • Grace Wakarindi    Jul 7, 2015

    Hallo all the kind lenders,I am pleased to tell you that my business is ding fine as a result of your kind support of zidisha loan.
    Since I received the loan my kiosk has been ever busy in serving more customers than ever before.To you all I am thanking you for the kind support and I am encouraging you also to keep the good work of boosting my business in my future loans.Thanks alot.
    Regards,
    Grace Wakarindi.

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  • Grace Wakarindi    Apr 12, 2015

    Thank you all the lenders who really supported my second loan.In my small kiosk,the business is as usual today,being on Sunday and i am happy that i have kind and generous lenders who can stand with me in situation like this.I am eagerly waiting upon the disbursement of my loan so that i can increase my stock for the benefit of my customers and my family too.For the total sales i make in a week,I will be able to be remitting my loan payments just as i had been doing.Thank you all..

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  • Grace Wakarindi    Apr 1, 2015

    Thank you the Zidisha fraternity for the good assistance you gave me in boosting my small business.From the goods i bought from the Zidisha funds the sales has improved making me having some good profit.The business also will welcome you in near future to advance your kind generosity towards my next loan.Thank you all.

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  • Grace Wakarindi    Mar 29, 2015

    Hi lenders ,
    It has been a good time for me while experiencing in Zidisha.The loan you gave me has bears fruits and as a result,added more fast moving goods in my Kiosk.I say THAN YOU for the support and i have already repaying my loan without any problem.After i calculated my profit this time round was a bit deserving and it has also made me to pay my loan comfortably up to date.Thank you for your support.

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  • Grace Wakarindi    Mar 29, 2015

    Dear Lenders,
    I am so much happy to tell you that out of the stock/goods i increased with my loan from you,has made my shop a super-duka.This has made my sales to increase during that short period of time.From the main profit i got from the sales i will be sending my loan payments more that usual.Thank you all the lenders for your generous support towards my loan.thank you and God bless you all.

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  • Grace Wakarindi    Mar 22, 2015

    Hallo My Good Lenders And Zidish Team In General.This Week My Sales Were Abit Down,making My Profit To Slightly Drop.That Is Why Im Humbled And Requesting For The Amount Change To Ksh 500.Hope By Next Pay The Business Will Improve.Thank You All

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  • Grace Wakarindi    Mar 14, 2015

    Hallo good lenders in Zidisha microfinance.For the few weeks back, my business has reshaped itself back to normality and has managed to increase in my daily sales/customers compared to when i was lacking many important fast going goods in my business.I thank you all the lenders who participated in making this a reality.Currently i have made some good returns and as a result more sales revenues.Thank you for your generosity and keep the good work of improving our businesses.Love you all.

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