Monicah Mwangi

Kiptangwanyi, Kenya

60% repaid

Entrepreneur

Name

Monicah Mwangi

Location

Kiptangwanyi, Kenya

On-time repayments

14 monthly installments  •  0%

About Me

my
names are monicah wambui mwangi. im a single mother with two kids. i
started my primary education in the year 1978 in muriricua primary
school. after my primary level, i joined menengai high school in nakuru.
i sat for my k.c.s.e in the year 1992, i passed very well and later
joined kenya institute of science and technology i was in this college
for only one year. i drop out because i had no one to assist me in the
college fees. im the lastborn of seven, my parents are very old. with
this situation my parents could not aford my college fees.

My Business

i
started my business in the year 2001 this business was a small shop in
our village.after six month i decided to change this business and i
open a new cloths shop in kiptangwanyi town for the last two years this
business has been doing so well, since this town is growing in a very
high rates. im making oa profit of ten thousands shillings per month. my
vision is to expand this business through zidisha platform also paying
a revenue of ksh four thousands shillings per year im expecting to add
more stock to serve a lot of customers.

Loan Proposal

dear zidisha and all lenders. i would like thank all the team for its good work of connecting me with lenders. with this first loan i will buy more stock to add in my small shop and green vegetables. i will now be able to travel in far places to search for different types of fruits. i will also sell the fruits and green vegetables to the nearby supermarkets.this will boost my business. im also planning to save the profit after loan repayments. thanks

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.51

Date disbursed

Apr 2, 2013

Repayment status

Late

Projected term

15 months

Cost to entrepreneur

Lender interest: $500.51 at 4.58% annual rate over 15 months = $29.80

Service fee: $32.54

Upon joining Zidisha, Monicah paid a lifetime membership fee of $8.86.

Lenders

M

magmax

Vienna, Austria

F

FHult

Stockholm, Sweden

Flobe

Portland, United States

H

hugh1

Co Kerry, Ireland

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

Namaste250

Pittsford, United States

X

xaphoon

angouleme, France

MillerClark

London, United Kingdom

Ingela

Falun, Sweden

Vintagebeeinc

Youngsville NC, United States

A

adeep

Frankfurt, Germany

Vla911

Milan, Italy

troutsfarm

Pittsboro, United States

Ask Monicah a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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