Beautiful clothes for beautiful people

Martha Nyambura Mwega

Kibaoni, Kenya

100% repaid

Entrepreneur

Name

Martha Nyambura Mwega

Member since

September 2012

On-time repayments

108 installments  •  53%

About Me

My names are Martha Nyambura, I’ve gone to School up to form two(half way through secondary) and dropped out due to fees problem. I live in Kibaoni, Kilifi. I have three Children and are all school going. the first born has just started Medical Training at the Kenya Medical Training College. My business helps with her school fees.
Am a single Mom and live in a rental house paying Ksh1500.
My home is located twenty metres from Kwa Charo wa Mae Market. but my business markets all over the Coast of Kenya. I have always been able to pay my Zidisha loans but last time I had a motor cycle accident thus delayed in paying my last loan. I hope my lenders will forgive me on this and will loan me again. God bless you

My Business

My business involves selling Second hand clothes; I started in the year 2000. I was buying the clothes at Kongowea Market in Mombasa, and then when I attracted a lot more customers I started buying my clothes from far markets like Gikombaa in Nairobi, Taveta or Tanzania where I get better clothes to attract more customers. I love my business because it has no stress, when I buy the clothes in the Market I iron them then I sell them in different places since i don’t have a permanent place I do house to house selling or at markets in different market days around Kilifi County.
This business is what sustains my family and I manage to educate and feed my children. The biggest challenge in my business is when it rains because it hinders my movement and sometimes my goods don’t arrive in time at the market but all in all I strive for success.

Loan Proposal

I will use the loan to buy new stock for my clothing business, a bale of second hand clothes goes for around ksh.30,000, I intend to buy one bale of these second hand clothes. I also would like to mix second the hand clothes with new clothes too worth ksh.10,000. In the future I intend to get a stall where I can sell my clothes from, this will help in shielding my clothes from the rain and will be like an extension of my business.
I expect to get a profit around ksh.30,000.
from the profit I will be able to fend for my family and pay school fees for my children.

Feedback

5

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$400.54

Date disbursed

May 21, 2017

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: $16.86

Lenders

AltruisticSelfishnes

Chicago, United States

T

Tallago3

Munich, Germany

Pere

Barcelona, Spain

mikeice

Kohler, United States

B

Berkeley100

Berkeley, CA, United States

PolarBearCapital

United States

M

mbarbier

United States

E

erica

antwerpen, Belgium

PG

Paul Graham

United States

SM

Sachet Marion

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

R

RMIM

United States

W

Will

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

Ask Martha a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...