Boutique stocking loan

Mario

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Mario

Member since

August 2020

On-time repayments

13 installments  •  8%

About Me

Am a banker by professional working with Rafiki Microfinance bank, Likoni branch as well as running a boutique business which we operates with my wife. My birth place is Meru South District of Tharaka Nithi County and my work place is in Mombasa County.

My Business

My source of income is from salary, i also does transport business where by i own 2 motor bikes and i also run a boutique shop business in Likoni area.

Loan Proposal

Am requesting for a loan to increase my business stock, this is to increase the cloths and other cosmetics equipment. This will enable me to have more sales and higher income

Income Source

I will use the loan to increase my business stock with high quality materials that will attract higher customers thus will manage to make higher profits than before.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$54.00

Date disbursed

Aug 18, 2020

Repayment status

On Time

Projected term

2 weeks

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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  • Duncan    Dec 29, 2020

    He will be updating his account in the next one week period.

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  • Duncan    Nov 26, 2020

    He said that he will send some amount against his loan and remain punctual with loan servicing.

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  • David Wachira    Nov 5, 2020

    The member needs more time to make his business more productive and to continue with his payments accordingly.

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  • Mario    Oct 21, 2020

    My business is currently making losses as it was affected by covid-19 pandemic. However since the schools are re-opening and i have started selling school uniforms, am hoping it will now start making profits.

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  • David Wachira    Oct 1, 2020

    Justine has been making a loss in his business of late that's why he is late with the loan repayments.

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  • Mario    Sep 9, 2020

    I will increase my business stock

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  • Mario    Aug 18, 2020

    Hi my lender, am in receipt of kes, 4,510 that is after deductions of loan charges, am now going to add my business stock today. Thank you

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  • Mario    Aug 18, 2020

    Thank you a lot Paul and the Entire Zidisha for accepting my loan request, i will use the funds to increase my business stock and i promise to repay it in time since i will make more profits now.

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