Advance of butchery business

James

Heshima, Kenya

100% repaid

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How it Works

Entrepreneur

Name

James

Member since

August 2013

On-time repayments

39 installments • 13%

About Me

My name is James Maina Mbugua . Iam married with three daughters. I am a resident of Nakuru county, Bahati constituency Heshima village. I am currently working as a part time tutor and a business man.
Having completed my college education in science and unable to secure formal employment immediately, i started engaging in business. I have ventured in various fields. Currently, I am running a general grocery and mpesa shop.

My Business

I am currently running a general grocery shop combined with mpesa services. I buy groceries in bulk from Nakuru town wholesalers and sell at retail in my shop located in Ahero center along nyahururu road. On a good day I make about a net profit of kes 1000 from sales as well as mpesa services.

Loan Proposal

I am borrowing this money to put together with what the capital that i already have to boost my butchery business. I am planning to start going to Narok where i will get goats at a cheaper price and hence increase my sales and profit.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$54.00

Date disbursed

Jun 22, 2019

Repayment status

On Time

Projected term

4 weeks

Other loans

Aug 2013: $99

Oct 2021: $53

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Peter Dec 8, 2021

personal number is inactive according to network provider

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James Oct 27, 2021

I take this opportunity to thank all who funded my project from the bottom of my heart. I will use this fund wisely to improve my shop by buying cereals for sale.

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James Jul 19, 2019

I have decided to repay the whole amount slightly earlier so that i can be able to access a bigger loan before the next market day. i intend to go for more goats ion the next market day if given a bigger loan

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James Jul 17, 2019

I used the loan as I had planned. I shall clear the loan in one instalment on 20/7/2019. Thanks

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James Jun 21, 2019

I am very grateful for your support. i will not disappoint you. i intend to add this cash to my capital to goats for sale. thank you very much.

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James Feb 16, 2014

Since my business has improved ,i thought it wise to increase my repayment instalments .i have recieved more orders for my products this month from schools.i also got another efficient assistant who is helping me with supplies.i am making a net profit of at least kes 1200 per day.with this i hope to support the proposed rate of repayments

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James Dec 6, 2013

Dear ZIDISHA Team

Kindly allow me to reschedule my loan repayment installments to the above stated amount for one month due to the reasons below.
1.Some of the brands orf soap that i was making have come under very stiff competition from well established brands.
2.One of my most entrusted marketer and confidannt have have left to start his own similar business.

In light of this, i have decided to restrategize to overcome this temporal setback. I hope to recover fully within a span of one month. Looking foward to your favorouble consideration.

James Maina Mbugua

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James Oct 5, 2013

my business continues to do well .

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James Sep 20, 2013

when i make one step forward, i remember your selfless support.

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James Sep 9, 2013

Today i made 200 liters of soap and 150 liters of shampoo. tomorrow i start supplies to my customers.

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James Sep 9, 2013

Today i made 200 liters of soap and 150 liters of shampoo. tomorrow i start supplies to my customers.

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James Sep 7, 2013

This morning i woke up to the pleasant communique that my loan has been disbursed.Thank you all ZIDISHA team members who made it possible. i am now off to start actualizing my dreams.

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James Sep 4, 2013

I am grateful to all lenders who have undertaken to support my application.

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