Dominic
Mishomoroni, Kenya
100% repaid
Name
Dominic
Member since
October 2016
On-time repayments
153 installments • 35%
My name is Mwangi, a small time businessman in an area called Mishomoroni city. I was born in the central highlands of Kenya and this area is has rich soils and reliable rainfall. However, there is a high population density and the farms are too small to sustain large families like my dad's.
This is what led me to move from there to a distant town - Mombasa where I started living with my brother before finally moving to a smaller town called Mishomoroni where I do my business.
I deal with sale of second hand clothes where I buy at a wholesale price and sell at retail price. My profit margin ranges from 20 - 30% and my income is about USD 180 per month after paying my rent and other small bills. This is what feeds my family and takes the little one to school.
My business has been growing year after year and I hope it will now be catapulted by credit that I will be getting from Zidisha. Thank you for giving me this rare opportunity.
I will use this money to do the following:
1. Buy more trendy jackets for sale. USD 45
2. Give my stall a face lift by painting the exterior side. USD 15
Thank you.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$63.00
Date disbursed
Dec 31, 2016
Repayment status
On Time
Projected term
3 months
Other loans
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Amount repaid
$63.01
Amount remaining
$0.00
Date repaid
Mar 10, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 13, 2017 | $5.04 | Jan 13, 2017 | $5.04 |
Jan 20, 2017 | $5.04 | Jan 23, 2017 | $5.04 |
Jan 27, 2017 | $5.04 | Jan 30, 2017 | $5.04 |
Feb 3, 2017 | $5.04 | Feb 4, 2017 | $5.04 |
Feb 10, 2017 | $5.04 | Feb 11, 2017 | $5.04 |
Feb 17, 2017 | $5.04 | Feb 17, 2017 | $5.04 |
Feb 24, 2017 | $5.04 | Feb 25, 2017 | $5.04 |
Mar 3, 2017 | $5.04 | Mar 3, 2017 | $5.04 |
Mar 10, 2017 | $5.04 | Mar 6, 2017 | $5.04 |
Mar 17, 2017 | $5.04 | Mar 10, 2017 | $5.04 |
Mar 24, 2017 | $5.04 | Mar 10, 2017 | $5.04 |
Mar 31, 2017 | $5.04 | Mar 10, 2017 | $5.04 |
Apr 7, 2017 | $2.57 | Mar 10, 2017 | $2.57 |
Margaret Sep 14, 2017
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