Name
Penina
Member since
January 2016
On-time repayments
46 installments • 100%
My name is Penina Muthiora. I am 31 years old single mother of one child,a boy who is six years old. We live in Kayole Estate with my four siblings .
I successfully finished my o-levels. After form four I decided to venture into M-pesa business which is running on smoothly despite the normal ups and downs .I also sell mobile phones accessories.For the last five years, it has been the source of my family income. The business's income has allowed me to pay my family's bills , pay my sisters tuition fees and other basic needs. I am hopeful that Zidisha support will help me to accomplish this goal. All is possible through hard work and having faith in God
Our prices are highly competitive in the market especially on phone accessories. The business is profitable because I am able to source goods in the market at a better price than buying at the estate.The M-Pesa is also running on well. The challenges and risks that we face are financial constraints in the daily running of business. When the prices for goods rise in the market, this cost cannot always be passed on to the client resulting in a decreased profit margin. Our monthly cost is 12,000. Our profit is 3,000 per month. If I can secure this loan, I’ll be able to increase the income from my business by being able to purchase and sell increased amounts of stock. I am working hard to get different sources of income
I will use the loan to buy phones accessories for resale worth $400.This accessories will be things like screens, charges, battery, housing and new phones for resale. Benefits will be more profit leading to expansion of my business and improved living standards to me and my customers. I expect my profit to increase by $40 per month.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$305.00
Date disbursed
Jun 5, 2016
Repayment status
On Time
Projected term
7 months
Other loans
Amount repaid
$320.25
Amount remaining
$0.00
Date repaid
Jan 1, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 12, 2016 | $23.33 | Jun 13, 2016 | $23.33 |
Jun 19, 2016 | $10.14 | Jun 19, 2016 | $10.14 |
Jun 26, 2016 | $10.14 | Jun 26, 2016 | $10.14 |
Jul 3, 2016 | $10.14 | Jul 4, 2016 | $10.14 |
Jul 10, 2016 | $10.14 | Jul 11, 2016 | $10.14 |
Jul 17, 2016 | $10.14 | Jul 17, 2016 | $10.14 |
Jul 24, 2016 | $10.14 | Jul 24, 2016 | $10.14 |
Jul 31, 2016 | $10.14 | Aug 1, 2016 | $10.14 |
Aug 7, 2016 | $10.14 | Aug 7, 2016 | $10.14 |
Aug 14, 2016 | $10.14 | Aug 15, 2016 | $10.14 |
Aug 21, 2016 | $10.14 | Aug 22, 2016 | $10.14 |
Aug 28, 2016 | $10.14 | Aug 28, 2016 | $10.14 |
Sep 4, 2016 | $10.14 | Sep 4, 2016 | $10.14 |
Sep 11, 2016 | $10.14 | Sep 12, 2016 | $10.14 |
Sep 18, 2016 | $10.14 | Sep 19, 2016 | $10.14 |
Sep 25, 2016 | $10.14 | Sep 25, 2016 | $10.14 |
Oct 2, 2016 | $10.14 | Oct 2, 2016 | $10.14 |
Oct 9, 2016 | $10.14 | Oct 11, 2016 | $10.14 |
Oct 16, 2016 | $10.14 | Oct 17, 2016 | $10.14 |
Oct 23, 2016 | $10.14 | Oct 24, 2016 | $10.14 |
Oct 30, 2016 | $10.14 | Oct 31, 2016 | $10.14 |
Nov 6, 2016 | $10.14 | Nov 7, 2016 | $10.14 |
Nov 13, 2016 | $10.14 | Nov 14, 2016 | $10.14 |
Nov 20, 2016 | $10.14 | Nov 21, 2016 | $10.14 |
Nov 27, 2016 | $10.14 | Nov 28, 2016 | $10.14 |
Dec 4, 2016 | $10.14 | Dec 5, 2016 | $10.14 |
Dec 11, 2016 | $10.14 | Dec 12, 2016 | $10.14 |
Dec 18, 2016 | $10.14 | Dec 19, 2016 | $10.14 |
Dec 25, 2016 | $10.14 | Jan 1, 2017 | $10.14 |
Jan 1, 2017 | $12.91 | Jan 1, 2017 | $12.91 |
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