John Mwathi

Po Box 5396 00200 Nairobi City Embakasi Village, Kenya

100% repaid

Entrepreneur

Name

John Mwathi

Member since

November 2011

On-time repayments

32 installments  •  41%

About Me

My family consist of single mother and two brothers who are still in High school.We live in Kamurunyu village.Am a O-level which i completed in the year2006.I stated my business to provide for my family daily bread being the fast born,pay school fees for my brothers and also to be dependent,and self reliance.

My Business

My business offers transport services using a donkey cart. In my area there are poor roads thus making very difficult for other means.My customers prefer my services due to my efficiency ,affordable prices,and also speed.This business profitable and there is a lot of demand for this services and i would like to buy a motorbike to advance my services. My business faces a lot of limitation such as poor road network,bad weather condition.Kindly request the Zidisha leaders to finance my business.

Loan Proposal

Dear lenders thanks very much for supporting my business without your support I will not have achieved my dreams , I wish to apply for another loan so that I may expand my smoky and sausage selling business. I want to buy another environment friendly Cooker and employ another person on commission. The cost of the Cooker is Ksh 8000, Umbrella Ksh 5000 and stock of Ksh 7000 to support the business. I hope you will consider this and bid for my loan. Thanks for you kindness and understanding.

Feedback

5

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Loan Info

Project Type

Classic Loan

Disbursed amount

$258.02

Date disbursed

Dec 6, 2013

Repayment status

On Time

Projected term

18 months

Cost to entrepreneur

Lender interest: $258.02 at 5.42% annual rate over 18 months = $21.29

Service fee: $13.87

Lenders

B

BRWorthington

San Francisco, United States

Kjartan

Oslo, Norway

A

anonymus

Moon, United States

Pierfausto

Rome, Italy

Sundstroms

Falun, Sweden

juliemartha

Lake Mary, United States

M

Marod

Edmonton, Canada

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