Digital weighing scale for my shop

Magdalene

Nairobi, Kenya

10% repaid

Entrepreneur

Name

Magdalene

Member since

February 2015

On-time repayments

37 installments  •  51%

About Me

Am magdalene Njeri aged 26 years currently living in Nairobi kahawa wendani area.After completing my teaching course it was hard to find employment so i thought of starting my own business.i started my shop 18months ago and i can say it has been going well as it has been paying my bills.I however have plans to make it a big business,provide employment to others and ensure my financial freedom.

My Business

My business is located at Kahawa Wendani area about 300metres from Thika super highway.It neighbours betty's lounge and opposite graphiq africa.The area is a very serene business environment as there are very many residential houses around.
It is a shop where i sell household goods e.g rice,flour,sugar and many more.i earn between 120-150 dollars per month where i use the money to pay for house rent and pay other small bills.

Loan Proposal

I have been using the old model weighing balance to weigh goods for my customers.I noticed they aren't fully confident with with the measurements because they cant see the measurements themselves and i believe in customers satisfaction first before the money.
I have therefore decided to introduce a digital weighing scale that shows the amount in proportion to the weight.The customer can buy commodities of any amount and see its actual weight.This will instill confidence to my customers and even attract more.A good weighing scale costs 20 dollars so if i get the 18 dollars i will add the 2 dollars from my small savings and buy the machine.
I need you in order to make this possible so i would like to humbly request for your funding.I will really appreciate your help

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$186.00

Date disbursed

Oct 20, 2015

Repayment status

Late

Projected term

3 months

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

PG

Paul Graham

United States

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  • andyfletcher    Jan 5, 2016

    Hello Magdalene,
    Any news of your payments?

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  • Lydiah    Nov 14, 2015

    Dear lenders I contact Magdaline and requested her to settle down her arrears.

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  • Magdalene    Oct 21, 2015

    Am glad i received 186 Dollars.I have bought a new digital weighing scale and my customers really like it.They are very confident with the measurements and this is making me feel happy for i did this to ensure my customers are satisfied.All this wouldn't have been possible without your support so i would like to really thank you for the loan.

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  • Magdalene    Oct 17, 2015

    I will buy a digital weighing scale that i will be using to measure goods such as flour,cooking oil and sugar.I am certain my customers will be confident with the measurements since they can see them right at the scale.Thank you so much for funding me.I believe it will be of great help to me.

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  • Magdalene    Oct 3, 2015

    I used my previous loan to increase stock in my shop,i used to have a very small stock and i used to run out of stock every time and that would discourage my customers.My shop is now a bit healthy and i buy enough stock to last me a few days so its reliable to my customers.
    I would really like to thank you my lenders for helping and trusting in me.your generous support was really helpful to me.thanks again

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  • Lydiah    Sep 1, 2015

    I call Magdalene to find how the reason for her delay in loan repayment,and the brother pick the call and informed me that Magdalene travelled upcountry and the place has no proper network to enable her make her payment but he assured me as soon as she is back in Kahawa West she will make all the payment that is in arrears.

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  • Magdalene    Aug 20, 2015

    I would like to thank the lenders for funding me.i received $93 which has been very helpful to me.I bought the home supplies as i had promised and business is still moving on well.I will ensure i repay my loan well and on time.Thanks alot

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  • Magdalene    Aug 2, 2015

    I will use the money to add stock in my shop,this Will help save and increase my profits since i Will but the Goods a wholesale price,i Will also save on cost of transport since i only have to transport them once
    i am really grateful for the funding and i promise to keep You updated on the Progress of m'y business and also Pay back my loan on time

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  • Magdalene    Jul 15, 2015

    I am happy that i have been able to repay my loan earlier than scheduled as my shop has been running well and profits have quite increased.Therefore i take this opportunity to thank my lender and zidisha for the support you gave me.thanks so much

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  • Magdalene    May 1, 2015

    I would like to inform you that i received the money and used it to purchase more stock to my shop.As a result customers are slowly and steadily increasing day by day since most of the items that they used to lack in my shop are now available.Profits are improving and i expect them to improve even more.I wish to thank the Zidisha family so much for the support.

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