Buy plastic bags, tooth picks and servittes

Harrison

Mazera, Kenya

100% repaid

Entrepreneur

Name

Harrison

Member since

August 2016

On-time repayments

190 installments  •  70%

About Me

My name is Harrison Sabastian Mwangi. i live and Work at kilifi county in Kenya.
i was born 23 June 1976. i started schooling in 1982 and completed by studies in year 2001. Then i started training computers from 2002 up to 2009. from 2010 i joined teaching in secondary school up to now.

The income i have been generating is only enough to care for house rent, bus fare , food and clothing. it have been difficult to support my extended family like mother and my sisters. therefore i see it wise to engage in supplying bags, toothpicks serviettes. these are consumable in hotels, small cafes, chemist, butcheries. so far l have done supplies for one month. that is why i need capital. As i go to school my partner will supply. then weekend we join hands to supply.

My Business

currently am a teacher. so my source of income is not enough to make the end month meet. that is why if l supply bags and get at kes 15 per 100 and other hotel requirements like tooth picks then my financial position is stable. kindly your financial lending will make my business to grow and even offer employment. i see it improving in a way l can buy a small van because l have trusted customers . l plan to start small but according to may daily profits the business is growing. the business involve going round from place to place.

Loan Proposal

I will buy an assortment of plastic bags at a total cost of USD 10. My profit margin is about 30% and I therefore expect to make a profit of USD 3 from this venture. Though this is a modest amount, I am glad that this loan will allow me to get into Zidisha loaning system and I hope to benefit with more credit in future.

This will definitely accelerate the growth of my business by increasing the sale volumes and profitability.

My Videos

May 17, 2021: My world of business

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Aug 31, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Hans Moor

Vorden, Netherlands

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

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  • Daniel    Sep 17, 2021

    Dear Lenders,
    Have spoken to Mr Mwangi and he has promised to make the payment today

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  • Harrison    Jul 14, 2021

    The reason for change is that there some money am expecting next month of august and i will not have a problem in repaying. Thank you for your consideration.

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  • Harrison    Jun 5, 2021

    I need to invest the money first.

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  • Harrison    May 24, 2021

    Thank you so much for lending me your money. I will now hit the road running - literally since I will get more stock and expand my business territory.

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  • JOY to the world    May 24, 2021

    Good luck, God bless you

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  • Harrison    May 15, 2021

    I was able to increase my inventory with the last loan that I got from Zidisha.

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  • Madesto    Apr 4, 2021

    I called Harrison and he promised to pay the loan by 21st of may

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  • Madesto    Mar 3, 2021

    i called harrison and he promised to clear the loan by the end of the month.

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  • Harrison    Feb 5, 2021

    Kindly i wish to adjust the repayment to the amount indicated as 941. I am trying to push the business very hard though the rate of return is low. However there is a lot orders in the last month. This will enable me to pay the required installment to clear the remaining balance. Thank you for your consideration.

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  • Harrison    Dec 1, 2020

    Kindly i wish to lower the amount i shoud repay the loan. Business i picking up slowly but expenses are also high. This is due to increased transport charges. The increase have resulted in high cost of doing business. I intend to increase the rate of payment graduary income increases. Thank you for your patient.

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  • Harrison    Oct 12, 2020

    Kindly i am requesting changing of the installment amount to 101. Currently the work is picking up after opening of the economy after the lock down. I am very much determined to clear the amount avanced to my business. I thank you for financial support and your consideration. Once the business improves i will pay even much higher.

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  • Harrison    Aug 19, 2020

    Kindly i wish to reduce the loan repayment installment amount once again so that i can be comfortably pay the amount i can afford without much struggle. The business is slowly recovering after lock down caused by covid19. I wish to resume higher payment amount by next month of September.

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  • Harrison    Jul 3, 2020

    Receive my greetings, kindly i want to reduce loan repayment installment to a lower amount. This is caused by difficult economic times which have led low business income. However there is a lot of positive signs that business orders are increasing as i recover from covid 19 shock that have affected most of my orders and distribution due to lock down. Thank for your consideration i will faithfully pay my balance.

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  • Harrison    May 19, 2020

    Hallow how are you. Kindly i am requesting to change the payment installment to 201 because that is the amount i can afford according to business income. Trade is low as per now but the future look promising. once there is higher income flow i will change to higher contribution. thank very much

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  • Harrison    Apr 2, 2020

    kindly i will like to change the installment to 200Kenya shilling due to difficult economic times. Business i low and the income generated is not enough. After the reduction of effect of corona virus to the business income my increase for higher repayment of loan

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  • Harrison    Feb 15, 2020

    Please i want change the installment amount to 200. Reason is because i am still struggling in financial inflows in the business. I am working hard to re pay the amount given to me. I am strategizing so that profits can increase. I also appreciate the organization for your financial support.

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  • Harrison    Dec 23, 2019

    This is to inform the zidisha organisation i want to adjust payment of installment because that is the amount i can afford for now. I am really trying but i will work very hard to see that i meet my committment and complete to pay loan. Hoping i will pay all the amount by
    April 2020. Thank you.

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  • Harrison    Nov 9, 2019

    Kindly i will request you to allow me pay the instalments for 100. This is due to hard economic time the business is experiencing. once the profits increase i will grandly be ready to pay higher amount. thank you for understanding. I the organisation is flexible especially to us small scale entreprenuers.

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