Buying school uniforms to sell

Henry Muya

Mombasa, Kenya

Funds disbursed

$0 to go

100% funded of $951 goal

0

days left

Entrepreneur

Name

Henry Muya

Member since

July 2014

On-time repayments

268 installments  •  81%

About Me

My name is Henry Muya, born in Nakuru County in the Rift Valley region of Kenya. I was born in a family of nine where I am the fourth born. My parent are small scale farmers in Nakuru. I went to local schools for my primary and secondary education and then enrolled in a college where I got training in computer applications and Business management. I have done a course in Accounting here in Mombasa.

After my college education, I was employed to work in a micro-finance in Mombasa where I worked for three years. I later quit my job due to strong desire to start my own business. I started small by starting an mobile phone accessories shop which later expanded to include mobile money transfer which is very popular here in Kenya.

I am married to one wife.

My Business

My business entails sale of cloths and mobile phone accessories and mobile money transfer popularly known as Mpesa. The business is located in Mombasa in an area which is densely populated. I get my stock mostly from Nairobi but I am hoping to start traveling abroad to get them from the source market. My products range from phone chargers, batteries, earphones etc. All these products are very popular with the masses and I am always assured of a steady flow of clients.
On the cloths business i mostly deal with men's shirts and trousers which move so much because of the location of my business
The business is quite profitable and I usually make a net monthly profit of about $400. This business two businesses has potential to yield much more if given much needed capital. I have a strong desire to expand my business but this is only possible if I can access credit facility hence my decision to continue with Zidisha.

Loan Proposal

Given this loan I have planned to expand my clothing business by buying different school uniforms which I have noted are in higher demand being that am located in an area with three schools.
I want to invest 800Usd in buying the different school Uniforms and 100Usd I will invest in my Mpesa business.

Feedback

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1

  • Day Family    Apr 25, 2019

    No payment, no contact in 4 months for a large $1,000 loan. Not good.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$951.41

Date disbursed

Jan 12, 2019

Repayment status

Late

Projected term

11 months

Cost to entrepreneur

Service fee: $40.09

Credit risk payment: $240.53

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V

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BelleStarr

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G

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J

Jmay2133

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G

GregT

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S

Simmo

Sydney, Australia

B

Bpryse

Long beach, United States

I

ideerge

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J

jonase

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ErikN

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Judith

London, United Kingdom

J

jozua

Delft, Netherlands

A

AlethiaLtd

Carlisle, United Kingdom

J

johnbireland

Dublin, Ireland

Ambrose

Calgary, Canada

C

Coyote137

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L

ldron7

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A

anonymus

Moon, United States

T

Tallago3

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M

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Pere

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J

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AF

a f

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J

JH335

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johnandmoliehi

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K

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A

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Svenip

Vienna, Austria

BJ

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Y

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Jeff and Marcie

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4

42Theo

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L

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S

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caldogno, Italy

C

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C

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F

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G

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A

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KM

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Z

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E

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IA

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J

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yosefchayim

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S

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Jouni

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Namaste250

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K

kjgeenszins

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G

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ads68

Melbourne, Australia

P

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Ashland, United States

K

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New York, NY, United States

U

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Southfield, United States

swendl

Iowa, United States

Y

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Dallas, Texas, United States

Ingela

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P

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L

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B

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A

Andy

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G

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rhagen

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A

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J

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Vancouver, United States

H

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Glen Spey, United States

Patrick

Berlin, Germany

U

UTLonghorn

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colochef

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F

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numbat

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W

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S

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O

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C

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DVM1417

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J

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Amsterdam, Netherlands

paulclinton

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Hedwich

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D

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K

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Rena121

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S

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S

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C

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N

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V

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JonB

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soniad

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H

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D

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Philadelphia, United States

R

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I

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G

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ibc123

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M

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xtrahardware

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E

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S

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M

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Y

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lizandsteve

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G

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C

ClaudiusM

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S

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H

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A

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M

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S

svt19

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M

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E

emilyeaton

New York, United States

fransk

Culemborg, Netherlands

mikeice

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M

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Evan Lamos

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G

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A

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A

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F

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S

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R

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D

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M

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Jeroen Decock

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A

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Dave Bogard

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JD

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Jake Badger

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Paul

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PC

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SA

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Craig

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AK

Achim Königs

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Eugen Stamm

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GN

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Elise E

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C

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Thomas

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JC

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KE

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I

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RC

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B

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Sara R

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E

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RB

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AB

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RH

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SS

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JK

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PC

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JF

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KA

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WC

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JH

Joseph Hwang

Houston, United States

L

Liam

New Zealand

Katja

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A

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S

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AS

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BA

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LM

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JB

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Bob P

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JM

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MH

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GA

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EA

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KA

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SA

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RS

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A

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J

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