Monicah

Kiptangwanyi, Kenya

60% repaid

Entrepreneur

Name

Monicah

Member since

January 2013

On-time repayments

14 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

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Apr 2, 2013

Repayment status

Late

Projected term

15 months

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 project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Paul    Dec 3, 2014

    Dear Lenders,
    I have sent an sms to Madam Monicah reminding her the importance to communicate with you and keeping a good repayment record. I will contact her again via phone call, hopefully to have some more infor with regards to her loan.
    Regards,
    Paul
    VM

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  • Vintagebeeinc    Sep 16, 2014

    I see she was trying up to May. The repayment on about half of the loans I've made have gone into late or default. I have decided to discontinue paying into this program. I love helping people with a helping hand but I don't like being part of someones downfall. I hope Monicah and all the others whom have fallen behind or defaulted, recover from whatever has afflicted them or their business.

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  • Paul    May 27, 2014

    Dear Lenders,
    I tried contacting Madam Monicah but her phone was off. I sent to her an sms which I hope she will get.
    I reminded her the importance of establishing a good relationship with you through consistent communication and on time repayment. If she is unable due to various reasons, she should reschedule and inform you accordingly the reason as to why.
    I will keep you updated consistently about her loan and progress too, hopefully to get to talk to her very soon.
    Thanks for your continued support

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  • Monicah    Jun 26, 2013

    Dear lenders i would like to reschedule my grace period to 20th august. this will give me time to catch up with good business turn over as it is currently very low due to the transition of a new government in my country Kenya. again the countries budget was read just the other day. this means the allocation of funds is underway this will bust business in all sectors as there will be good cash flow all over.

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  • Monicah    May 28, 2013

    dear lenders i would like to thank all of you for your helping hands. am doing so well in my business, the loan actually boosted my business so much, i have added more stock in my business and now am able to serve more customers. most of customers are now flocking in my business to collects goods. am so thankful to lenders. since then am now able to feed my young children without any problem. am looking forward to repay my loan so that i can be able to borrow at least a higher amount of money. thanks so much my lenders.

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  • Namaste250    Apr 3, 2013

    Hi Monicah,
    Congratulations on receiving your funds. You are on your way to even greater success. I see your funds were disbursed on April 1st. Did you think it might be a trick? Most of the fool's tricks are not really funny.
    Best wishes for health for yourself and your two children and success in your business, Ann.

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  • Flobe    Apr 1, 2013

    We wish you much success with your business Monicah! Many blessings to you.

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  • Monicah    Apr 1, 2013

    thanks so much all lenders who contributed in fundraising of my bids may our lord bless you all thanks

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