Upgrading my Airbnb apartments

Reginah Mumbi Njiiri

Nairobi, Kenya

11% repaid

Entrepreneur

Name

Reginah Mumbi Njiiri

Location

Nairobi, Kenya

On-time repayments

372 weekly installments  •  70%

About Me

am from a family of 8 and am the sixth born,i currently work part time in a ground handling company i started farming in a one acre piece of land the business has been coming up because Kenyans and the people of kambiti(Kirinyaga) where the farm is located appreciate healthy eating.the demand for the for the water melon has been increasing day by day.my business plan is to hire extra acres of land for my use and buy the right equipment for my business.my plan is to reduce the running cost of the business by buying my own water pump to get the water from masinga dam,i also plan to buy more pipes to reduce the amount of money used to hire equipments.i satrted the business after 3 years of working and the money i was earning i could only pay my house rent and buy me food and i wanted more financial freedom.the earnings from my business are used to pay college fees and the bus fare to and from college

My Business

my current business is airbnb business,when covid came and most companies wanted to achieve social distancing we have seen a rise and demand in airbnb business leading to business being.but since the current clients are corporate we have seen a demand in luxury apartments and people wanting more comfort in the apartments.i currently operate two 3 bedroomed apartments in a nice gated community and in the process of starting a third one.business has been progressing well with us getting 85% occupancy rate.per month we make an average 70,000ksh to 90,000ksh before we remove the expenses.after we deduct all expenses we remain with around 45,000ksh.

Project Proposal

we plan two upgrade the current entertainment equipment in the apartment so that the apartment can be upto date.current tvs are smart and we have guests complaining because of lack of smart tvs to stream netflix and other shows.we plan to but two nice tvs so that we can be able to stream the all shows using wifi hence cutting costs .

Feedback

8

None

None

  • guenter    Apr 22, 2017

    Reginah payed back in advance "as usual" :). I might call her a friend because I supported some of her loans and I was never disappointed.
    Please support her new loan!

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    • Reginah Mumbi Njiiri    Apr 23, 2017

      Thanks guenter,you are indeed and I truely thank you for playing a big part of making dreams come true.be blessed always.kind regards

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  • Elly    Jul 4, 2015

    Good luck, Reginah. You're a star! :-)

    Elly

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    • Reginah Mumbi Njiiri    Jul 20, 2015

      thank you for the sweet words and for lending to me.regards

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    • Reginah Mumbi Njiiri    Apr 26, 2017

      hallo elly my name is reginah.my journey in zidisha started in 2013 and upto now i cant complain.you have continued to be part of my financial growth.i started with a small fruit business and later went into transport business and then home rentals.you have helped me provide a better future for my daughter.am kindly reguesting for funding on my 5th loan.please please make my dreams come true.
      View Other Loans
      Jun 2013: $100
      Nov 2013: $207
      Apr 2014: $494
      Jul 2015: $953
      so far i have cleared all my loans before time.kind regards

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  • guenter    Jun 27, 2015

    Reginah did it again! Very positive experience, good communication - first class borrower :) best to you!
    Günter

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  • Shealady    Jan 23, 2015

    Always Positive experience with Reginah...anytime I can help just let me know....best to you
    Shealady

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    • Reginah Mumbi Njiiri    Mar 14, 2015

      thanks alot and be blessed always too

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    • Reginah Mumbi Njiiri    Apr 26, 2017

      hallo shealady,my name is reginah.my journey in zidisha started in 2013 and upto now i cant complain.you have continued to be part of my financial growth.i started with a small fruit business and later went into transport business and then home rentals.you have helped me provide a better future for my daughter.am kindly reguesting for funding on my 5th loan.please please make my dreams come true.
      View Other Loans
      Jun 2013: $100
      Nov 2013: $207
      Apr 2014: $494
      Jul 2015: $953
      so far i have cleared all my loans before time.kind regards

      Log in to reply • Share
  • Pierfausto    Jun 10, 2014

    Very positive experience.

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    • Reginah Mumbi Njiiri    Sep 15, 2014

      thanks alot and be blessed always

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    • Reginah Mumbi Njiiri    Apr 23, 2017

      hallo pierfausto..i finished repaying my loan and thank you for your continued support.am currently doing home rentals and listed in several sites like www.airbnb.com and www.tripadvisor.com

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    • Reginah Mumbi Njiiri    Apr 26, 2017

      hallo pierfausto,my name is reginah.my journey in zidisha started in 2013 and upto now i cant complain.you have continued to be part of my financial growth.i started with a small fruit business and later went into transport business and then home rentals.you have helped me provide a better future for my daughter.am kindly reguesting for funding on my 5th loan.please please make my dreams come true.
      View Other Loans
      Jun 2013: $100
      Nov 2013: $207
      Apr 2014: $494
      Jul 2015: $953
      so far i have cleared all my loans before time.kind regards

      Log in to reply • Share
  • Greg1    May 18, 2014

    Fantastic

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    • Reginah Mumbi Njiiri    Jul 30, 2014

      THANKS GREG AND BE BLESSED ALWAYS

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    • Reginah Mumbi Njiiri    Apr 23, 2017

      hallo greg1..i finished repaying my loan and thank you for your continued support.am currently doing home rentals and listed in several sites like www.airbnb.com and www.tripadvisor.com

      Log in to reply • Share
    • Reginah Mumbi Njiiri    Apr 26, 2017

      hallo greg,my name is reginah.my journey in zidisha started in 2013 and upto now i cant complain.you have continued to be part of my financial growth.i started with a small fruit business and later went into transport business and then home rentals.you have helped me provide a better future for my daughter.am kindly reguesting for funding on my 5th loan.please please make my dreams come true.
      View Other Loans
      Jun 2013: $100
      Nov 2013: $207
      Apr 2014: $494
      Jul 2015: $953
      so far i have cleared all my loans before time.kind regards

      Log in to reply • Share
  • Padrino    Apr 5, 2014

    Great businesswoman who repaid her loan well before it was due. Many thanks Reginah, I will lend to you again!

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    • Reginah Mumbi Njiiri    Apr 7, 2014

      thanks alot for the compliments.stay blessed always

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    • Reginah Mumbi Njiiri    Apr 23, 2017

      hallo padrino..i finished repaying my loan and thank you for your continued support.am currently doing home rentals and listed in several sites like www.airbnb.com and www.tripadvisor.com

      Log in to reply • Share
    • Reginah Mumbi Njiiri    Apr 26, 2017

      hallo padrino,my name is reginah.my journey in zidisha started in 2013 and upto now i cant complain.you have continued to be part of my financial growth.i started with a small fruit business and later went into transport business and then home rentals.you have helped me provide a better future for my daughter.am kindly reguesting for funding on my 5th loan.please please make my dreams come true.
      View Other Loans
      Jun 2013: $100
      Nov 2013: $207
      Apr 2014: $494
      Jul 2015: $953
      so far i have cleared all my loans before time.kind regards

      Log in to reply • Share
  • guenter    Apr 4, 2014

    Thank you for paying back your loan very early! Also I appreciate your comments and your pictures. Please ask again if you need another loan.

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Project Info

Project Type

Pay It Forward

Disbursed amount

$904.85

Date disbursed

Jul 19, 2021

Cost to entrepreneur

Service fee: 5% of $904.85 = $45.24

Backers

Ren

Minneapolis/StPaul, United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Nicholas Mungai

Nairobi, Kenya

Daniel Banda

Chililabobwe, Zambia

Aidoo Richard

Agona Swedru, Ghana

Deborah Kamanga

Lusaka, Zambia

Patricia Likando

Lusaka, Zambia

Maureen Likando

Lusaka, Zambia

Joseph Simukoko

Kitwe, Zambia

Otoo Janet

Kasoa, Ghana

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