Name
Michael
Member since
November 2016
On-time repayments
52 installments • 54%
My name is Michael Mbega. I went through primary school at Mtwapa Primary and later joined Msumarini secondary school where i completed my form four education.
I could not proceed further in education due to financial challenges at home. I got employed at a whole sell shop in Mtwapa. from that job i gained experience in doing business.
I started a small shop.with various commodities in my neighborhood. I sell Soft drinks, Candy, Biscuits and i also sell beef meat.
Its very hot in Africa most of the town and especially here at the coast of Kenya. so people use soft drinks often to some how cool the temperature and i found out that in my neighborhood there were few shops for such drinks.
The children at my village dont have access to big candy shops in town so i decided to bring such things closer to the so that they can enjoy as well.
I sell beef meet as source of food in our homes.
I will buy 30kg of maize and sell it at my shop which will cost 8.84USD. I will have bring the staple food closer to the neighborhood and the people will not have to buy maize flour which is expensive instead they will buy the maize and take it to posho meal. I expect increase my profit a little bit but will use it to add more commodities.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Nov 27, 2016
Repayment status
On Time
Projected term
6 weeks
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