Expanding my retail shop

Jeff Mugambi

Githurai, Kenya

60% repaid

Entrepreneur

Name

Jeff Mugambi

Member since

April 2015

On-time repayments

302 installments  •  47%

About Me

am a 27 year old business minded guy that loves to make his ideas and dreams come tor reality. my mother tought me that everything is possible, What you need is hope,persistence and try. one year ago i decided to venture into business and here i am running a good business that can comfortably cater for my upkeep. am happy that i also found you guys to boost me financially so as i can move on and fulfill my dreams,because that's all the world entails-dreams that everyone wants to fulfill. my advice to my fellow friends, don't look back, keep looking forward and believe everything is possible in this little universe that God gave us. you just need to try and trust in yourself.

My Business

am working as an IT Officer in an IT organisation at Westlands, Nairobi, Kenya and am earning enough to cater for my upkeep in Nairobi. That's the money am planing to use for payment of the load that am hopping to get. am planing to use the money that i get from you to upgrade my business in terms of stock and in a few months, once am done paying the first loan and you give me an higher one, will be opening a fully stocked retail shop that should make enough of cash to cater for my upkeep. currently am buying and selling rice and so fa the business has been running smoothly. have got quite a number of customers that i deliver to them , thus am soo mobile delivering my product.that's why if i get the second load i will open a shop and can sell my product from this place. Currently i use my profit for personal needs and business upgrade.the reason i chose to venture into rice business its because its a foodstuff that demand is always high, and that its 'best before' dates are much flexible compared to others like fruits and daily products.

Loan Proposal

with already a running business that was fully funded by zidisha, i would like to introduce a Mobile payment platform(M-PESA). this idea came when i realized am loosing alot of customers because i didnt offer them a platform that they would use to do there payment directly from there phones.
i believe this will be a great move and will surely increase my customer service and attract more customers that prefer liquid money.
thank you for your great support till where i am now and thank you in advance as you prepare to fund my new loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$219.00

Date disbursed

Nov 10, 2017

Repayment status

Late

Projected term

40 months

Lenders

PG

Paul Graham

United States

A

Andrei

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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