Magdaline
Embu, Kenya
98% repaid
Name
Magdaline
Member since
April 2014
On-time repayments
45 installments • 53%
My name is magdaline murugi ngari,age 25yrs ID no 29112373.I. am a graduate with a bachelor of commerce in banking and finance.i live in embu county where i have a shop selling mobile phones in retail and aiming to grow the business.
I run a shop selling mobile phones in retail ranging from cheap phones to smart phones.i also sell accesories like earphones,memory cards,flashdisks,powerbanks and phonecovers.i would like to add some stock and hence i would like you to fund me and enable me do that.
Am magdaline murugi aged 22years. In january this year i decided to venture into chicken layering business and started layering chicken and selling eggs in bulk(crates) to retailers. I started with twenty Chicken that i bought at ksh5000($56). Within a week i am able to collect atleast four crates of eggs which i sell at Ksh 1500($ 16.68).And within four weeks i was able to recover the money i started with and make a profit of $11.8
I have realized that there is a need to expand my business because I want to start supplying to supermarkets in embu town since from my research i have established there is shortage of egg suppliers to those supermarkets.
am right now looking forward to buy 35 more chicken at $98 and add to the twenty i have to make a total of fifty five chicken.This will enable me expand my supply to supermarkets.To achieve this i will need financing that is why am joining zidisha and would like to assure you that i will make prompt payments
Positive
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Neutral
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Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Aug 6, 2014
Repayment status
On Time
Projected term
7 months
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