Mungai
Kiptangwanyi, Kenya
$0 to go
100% funded of $500 goal
0
days left
Entrepreneur
Name
Mungai
Member since
September 2012
On-time repayments
14 installments • 0%
About Me
I live in Kiptangwanyi shopping center which is approximately 43km from Nakuru town. Nakuru town is our nearest major town within this area. I am married with three children. I live in plot number 102 at the shopping center where I carry out my business with my family. My business entails shoe making and repair at the shopping center. I sell all ready made shoes that range from men's wear to children's shoes.
My Business
My business entails shoe making and repair at the shopping center. I sell all ready made shoes that range from men's wear to children's shoes.The shoes that I sell , are those that I have made in my business premises. I also repair shoes at the same business premise. The main challenges that this business encounters are lack of finance to expand the business and to add more stock in my business. It is my hope that the loan that I will get from Zidisha will enable me to work well and improve the status of my business as well as increasing the income I get from the business.
Loan Proposal
Dear Lenders,
I would like to use my loan to add more stock of ready made shoes in my business. At this time the demand for shoes is very high since we are approaching the festive season that is Christmas. At this moment I usually sell a lot of shoes and therefore I would like to use this opportunity to improve my business. Ready made shoes are very marketable at this times and I therefore would like to to buy more and stock them in my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Sep 24, 2012
Repayment status
Late
Projected term
15 months
Lenders
Southampton, United Kingdom
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