Entrepreneur
Name
Mary
Member since
March 2013
On-time repayments
12 installments • 67%
About Me
my name is Mary Waithera Kariuki and a resident of Naishi location of Nakuru county.am married with four children and l do business in Naishi market.having been brought up in the slopes of Mau forest life was not hard and making money from the farming business was very easy since the climate was very favorable.l watched my parents make money from the sales of farm produce but with the destruction of Mau forest everything changed because the rain wasn't enough anymore.this lead to lack of my school fees since this was their source of livelihood.For this reason l was married at tender age and with the support of my husband l opted to start selling of second hand shoes to earn a living.since then l have never turned back and support my family with the income l get from the business.
My Business
The business is very viable in this area because l stock men's leather shoes of all sizes and the competition is very little because of the locality in that its located in the interior part of Nakuru.l buy the stock in wholesale from the Nakuru town although the prices keep on changing due to changes of tax law on imported items that affect the business there is still demand because of the quality and durability of the shoes.l normally make an average of ks 15,000 as net profit after the deduction of the expenses.l normally have good sales during the opening of the schools because most parents do prefer the second hand shoes.if advanced the loan l will be able to add more stock to the business and meet the demand of my customers and especially during the month of may when the school will be re opening again.
Loan Proposal
dear zidish team, am happy that finally my loan has been proved.with this first loan, i will buy a good dairy feeds to my two cows,and since this amount is very little, am expecting to make my repayments as quick as possible.am planning to add more dairy cows so that i can get much more milk from my cow.thanks so much my lenders while contributing in fillings up my bids.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jun 21, 2013
Repayment status
Late
Projected term
12 months
Lenders
Luxembourg, Luxembourg
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