Entrepreneur
Name
Mirriam
Member since
June 2013
On-time repayments
161 installments • 83%
About Me
My name is Mirriam Wanjiku Muthoni, born in 1990 in Nakuru County in the Rift valley. I am a First born in a family of two. I started my primary education in Nakuru and later went to Nairobi's Kibera slums where I schooled at Shadrack Kimalel primary school, and Kianjeru Boarding school in Meru. I joined Chogoria girls in Meru for secondary School. I joined Strathmore College in Nairobi where I did certificate course in ICDL, currently am undertaking a business management course. Early 2013 I joined my Cousin in Watamu Kitengela where I have been assisting her in selling Charcoal. I come from single parent and my mother lives in kahawa Wet in Nairobi. Currently she is doing business of seling hardware components. My younger sister schools at Kianjeru Boarding in meru.
My Business
I want to venture into egg selling business as I have identified the same as a gap within my neighborhood. Currently I assist my cousin in selling charcoal in wholesale and my interaction with people around has shown me that this is an area worth venturing into. To begin with, I want to operate from the shed that I have been working and create a good customer relations and afterwards I can expand my market by getting orders from the nearby hotels.
I do have a friend who does the same business within Nairobi and gets the same from Thika at a lower cost, this will help me cut the cost of operating because I want to start small and then hope to expand as time goes by. Eggs in demand here are the kienyeji type as commonly known here. These are however not available here and is in the market is the grade eggs as commonly known. Afterwards I want to introduce cereals in my business to ensure that I have variety of products. This will broaden possible sources of income. From my current research, an egg goes for about khs. 10 from farmers and the same is retailing for about ksh. 15 – 20. This then translates to Ksh. 5 per egg and with my intentions of lowering the cost, there is a possibility that this venture may end up being profitable. I would also like to establish charcoal business of my own. Current indications are that this is also a good venture. With the experience so far, I feel that I can manage such business though I want to start in small scaleand possibly think of expanding my business.
The demand for charcoal here is always on the rise bearing in mind that it’s the only source of energy that is affordable to the population around. We obtain our supplies form Narok, hire a lorry that transports the product from Narok where we obtain the charcoal at a lower price. Charcoal is sold in bags and a bag goes for Ksh. 700 from the supplier. the same bag is sold at Ksh. 1500 minus Ksh 150 per bag that I pay for transport. This brings a profit of about Ksh. 650 per bag. I also sell the same in small quantities and this is where its more profitable than selling in whole sale. A bag may result to about Ksh 2000 when sold in small measurements. In a good day, I can sell up to five bags while in other days i can selljust one. On average I do sell about bags at average of Ksh 1000. This translates to an average income of about Ksh 40000 per month and after paying all the expenses (Rent, security, labour e.t.c) My cousin got assistance from zidisha and she introduced me to this concept, as a student and business person I want to establish one of my own and I feel that this will enable me complete my course as I continue even expanding my business.
Loan Proposal
Dear Lenders,
First I would wish to inform you that I stopped rearing chicken as there were breakout of disease and it really affected me. I decided to venture into egg selling business where i sell in wholesale to retailers. I now get orders from supermarkets and hotels. I do request USD 340 to buy additional trays (durable) for easy transportation. I will also increase shelves in my shop with a view to increase stock.
This will mean that I will increase my selling capacity and possibly income from sales.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$346.00
Date disbursed
Nov 5, 2017
Repayment status
On Time
Projected term
20 months
Other loans
Lenders
Germany
Taiwan
CORVALLIS, United States
United States
Washington DC, United States
United States
United States
Sweden
Norway
Sweden
United States
Hamburg, Germany
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$343.68
Amount remaining
$0.00
Date repaid
Jun 19, 2019
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 12, 2017 | $3.93 | Nov 10, 2017 | $3.93 |
| Nov 19, 2017 | $3.93 | Nov 14, 2017 | $3.93 |
| Nov 26, 2017 | $3.93 | Nov 23, 2017 | $3.93 |
| Dec 3, 2017 | $3.93 | Dec 3, 2017 | $3.93 |
| Dec 10, 2017 | $3.93 | Dec 3, 2017 | $0.98 |
| Dec 5, 2017 | $2.46 | ||
| Dec 11, 2017 | $0.49 | ||
| Dec 17, 2017 | $3.93 | Dec 11, 2017 | $3.93 |
| Dec 24, 2017 | $3.93 | Dec 11, 2017 | $2.46 |
| Dec 23, 2017 | $1.48 | ||
| Dec 31, 2017 | $3.93 | Dec 23, 2017 | $2.46 |
| Jan 7, 2018 | $1.48 | ||
| Jan 7, 2018 | $3.93 | Jan 7, 2018 | $3.93 |
| Jan 14, 2018 | $3.93 | Jan 7, 2018 | $3.93 |
| Jan 21, 2018 | $3.93 | Jan 7, 2018 | $3.93 |
| Jan 28, 2018 | $3.93 | Jan 7, 2018 | $3.93 |
| Feb 4, 2018 | $3.93 | Jan 7, 2018 | $2.46 |
| Feb 17, 2018 | $1.48 | ||
| Feb 11, 2018 | $3.93 | Feb 17, 2018 | $3.93 |
| Feb 18, 2018 | $3.93 | Feb 17, 2018 | $3.93 |
| Feb 25, 2018 | $3.93 | Feb 17, 2018 | $3.93 |
| Mar 4, 2018 | $3.93 | Feb 17, 2018 | $0.49 |
| Mar 14, 2018 | $3.44 | ||
| Mar 11, 2018 | $3.93 | Mar 14, 2018 | $3.93 |
| Mar 18, 2018 | $3.93 | Mar 14, 2018 | $2.46 |
| Mar 25, 2018 | $1.48 | ||
| Mar 25, 2018 | $3.93 | Mar 25, 2018 | $3.93 |
| Apr 1, 2018 | $3.93 | Mar 25, 2018 | $3.93 |
| Apr 8, 2018 | $3.93 | Mar 25, 2018 | $0.49 |
| Apr 16, 2018 | $3.44 | ||
| Apr 15, 2018 | $3.93 | Apr 16, 2018 | $3.93 |
| Apr 22, 2018 | $3.93 | Apr 16, 2018 | $2.46 |
| May 3, 2018 | $1.48 | ||
| Apr 29, 2018 | $3.93 | May 3, 2018 | $3.93 |
| May 6, 2018 | $3.93 | May 3, 2018 | $3.93 |
| May 13, 2018 | $3.93 | May 3, 2018 | $0.49 |
| May 22, 2018 | $3.44 | ||
| May 20, 2018 | $3.93 | May 22, 2018 | $3.93 |
| May 27, 2018 | $3.93 | May 22, 2018 | $2.46 |
| Jun 9, 2018 | $1.48 | ||
| Jun 3, 2018 | $3.93 | Jun 9, 2018 | $3.93 |
| Jun 10, 2018 | $3.93 | Jun 9, 2018 | $1.48 |
| Jun 24, 2018 | $2.46 | ||
| Jun 17, 2018 | $3.93 | Jun 24, 2018 | $3.93 |
| Jun 24, 2018 | $3.93 | Jun 24, 2018 | $3.44 |
| Aug 13, 2018 | $0.49 | ||
| Jul 1, 2018 | $3.93 | Aug 13, 2018 | $3.93 |
| Jul 8, 2018 | $3.93 | Aug 13, 2018 | $3.93 |
| Jul 15, 2018 | $3.93 | Aug 13, 2018 | $3.93 |
| Jul 22, 2018 | $3.93 | Aug 13, 2018 | $3.93 |
| Jul 29, 2018 | $3.93 | Aug 13, 2018 | $3.93 |
| Aug 5, 2018 | $3.93 | Aug 13, 2018 | $3.93 |
| Aug 12, 2018 | $3.93 | Aug 13, 2018 | $0.49 |
| Sep 3, 2018 | $3.44 | ||
| Aug 19, 2018 | $3.93 | Sep 3, 2018 | $3.93 |
| Aug 26, 2018 | $3.93 | Sep 3, 2018 | $2.46 |
| Sep 3, 2018 | $1.48 | ||
| Sep 2, 2018 | $3.93 | Sep 5, 2018 | $3.93 |
| Sep 9, 2018 | $3.93 | Sep 5, 2018 | $3.93 |
| Sep 16, 2018 | $3.93 | Sep 5, 2018 | $3.93 |
| Sep 23, 2018 | $3.93 | Sep 5, 2018 | $3.93 |
| Sep 30, 2018 | $3.93 | Sep 5, 2018 | $3.93 |
| Oct 7, 2018 | $3.93 | Sep 5, 2018 | $3.93 |
| Oct 14, 2018 | $3.93 | Sep 5, 2018 | $3.93 |
| Oct 21, 2018 | $3.93 | Sep 5, 2018 | $3.93 |
| Oct 28, 2018 | $3.93 | Sep 5, 2018 | $3.93 |
| Nov 4, 2018 | $3.93 | Sep 5, 2018 | $3.93 |
| Nov 11, 2018 | $3.93 | Sep 5, 2018 | $3.93 |
| Nov 18, 2018 | $3.93 | Sep 5, 2018 | $3.93 |
| Nov 25, 2018 | $3.93 | Sep 5, 2018 | $1.97 |
| Nov 9, 2018 | $1.97 | ||
| Dec 2, 2018 | $3.93 | Nov 9, 2018 | $3.93 |
| Dec 9, 2018 | $3.93 | Nov 9, 2018 | $3.93 |
| Dec 16, 2018 | $3.93 | Jan 11, 2019 | $3.93 |
| Dec 23, 2018 | $3.93 | Jan 11, 2019 | $3.93 |
| Dec 30, 2018 | $3.93 | Jan 11, 2019 | $3.93 |
| Jan 6, 2019 | $3.93 | Jan 11, 2019 | $3.93 |
| Jan 13, 2019 | $3.93 | Mar 1, 2019 | $3.93 |
| Jan 20, 2019 | $3.93 | Mar 1, 2019 | $1.97 |
| Mar 8, 2019 | $1.97 | ||
| Jan 27, 2019 | $3.93 | Mar 8, 2019 | $3.93 |
| Feb 3, 2019 | $3.93 | Mar 8, 2019 | $3.93 |
| Feb 10, 2019 | $3.93 | Mar 16, 2019 | $3.93 |
| Feb 17, 2019 | $3.93 | Mar 16, 2019 | $3.93 |
| Feb 24, 2019 | $3.93 | Mar 16, 2019 | $1.97 |
| Mar 28, 2019 | $1.97 | ||
| Mar 3, 2019 | $3.93 | Mar 28, 2019 | $3.93 |
| Mar 10, 2019 | $3.93 | Mar 28, 2019 | $3.93 |
| Mar 17, 2019 | $3.93 | Mar 28, 2019 | $3.93 |
| Mar 24, 2019 | $3.93 | Mar 28, 2019 | $3.93 |
| Mar 31, 2019 | $3.93 | May 11, 2019 | $3.93 |
| Apr 7, 2019 | $3.93 | May 11, 2019 | $3.93 |
| Apr 14, 2019 | $3.93 | May 11, 2019 | $3.93 |
| Apr 21, 2019 | $3.93 | May 11, 2019 | $3.93 |
| Apr 28, 2019 | $3.93 | May 11, 2019 | $3.93 |
| May 5, 2019 | $3.93 | May 11, 2019 | $3.93 |
| May 12, 2019 | $3.93 | May 16, 2019 | $3.93 |
| May 19, 2019 | $3.93 | May 16, 2019 | $1.97 |
| Jun 19, 2019 | $1.97 | ||
| May 26, 2019 | $3.93 | Jun 19, 2019 | $3.93 |
| Jun 2, 2019 | $3.93 | Jun 19, 2019 | $3.93 |
| Jun 9, 2019 | $3.93 | Jun 19, 2019 | $3.93 |
| Jun 16, 2019 | $3.93 | Jun 19, 2019 | $3.93 |
| Jun 23, 2019 | $3.93 | Jun 19, 2019 | $3.93 |
| Jun 30, 2019 | $3.93 | Jun 19, 2019 | $2.95 |
| Jun 19, 2019 | $0.98 | ||
| Jul 7, 2019 | $3.93 | Jun 19, 2019 | $3.93 |
| Jul 14, 2019 | $1.42 | Jun 19, 2019 | $1.42 |
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