Mungai
Kiptangwanyi, Kenya
$0 to go
100% funded of $500 goal
0
days left
Name
Mungai
Member since
September 2012
On-time repayments
14 installments • 0%
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 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.
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.
Positive
None
Neutral
None
Negative
2
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Sep 24, 2012
Repayment status
Late
Projected term
15 months
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Amount repaid
$0.00
Amount remaining
$575.34
Expected completion
Dec 24, 2013
Status
Repaying late
Installment amount
$50.96
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 24, 2012 | $0.00 | ||
Dec 24, 2012 | $0.00 | ||
Jan 24, 2013 | $50.96 | ||
Feb 24, 2013 | $50.96 | ||
Mar 24, 2013 | $50.96 | ||
Apr 24, 2013 | $50.96 | ||
May 24, 2013 | $50.96 | ||
Jun 24, 2013 | $50.96 | ||
Jul 24, 2013 | $50.96 | ||
Aug 24, 2013 | $50.96 | ||
Sep 24, 2013 | $50.96 | ||
Oct 24, 2013 | $50.96 | ||
Nov 24, 2013 | $50.96 | ||
Dec 24, 2013 | $14.73 |
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