Mutenyi

Kimilili, Kenya

3% repaid

Entrepreneur

Name

Mutenyi

Member since

July 2013

On-time repayments

60 installments  •  7%

About Me

i am single.i live with my parents.we are all four in number and i am the first born.i live in kimilili.
its actually on you r way to Uganda but very near to Bungoma.
I just my degree in moi university campus and i am yet to graduate come December these year.
i started business before i joined campus which my mother and my sister were running while in school and more so when my sister is on holidays.
I come get very excited when i learned of zidisha recently that it would really help us boost the business that is in our center at Kimilili and increase stocks now that as i await for my graduation,my business too to keep growing too.

My Business

As described above,my shop entails selling of household faster moving goods.these goods include soap,omo,salt ,sugar ,cooking oil among other many things.
more we sell scratch cards which are really faster moving as we sell at whole sale too.
KIMILILI is actually a mini center therefore most of the customers are villagers.
my customers prefer our goods as i sell at a more affordable prices.our challenges are normally transport of stock to the premises.the forecast ed monthly sales ranges from ksh.30000 to ksh.40000,
i have been using the proceeds to assist my self on my school items and my Sisters too and for our family usage

Loan Proposal

First,i am grateful for the first loan which has improved my business so much.For these second loan,i would like to increase the volume of faster moving goods especially increasing credit cards for safaricom,zain Kenya.orange,yu and all sim cards.
Since i both sell on wholesale and retail,the profits i will get will enable me open an M.pesa shop since we don't have any services around here and customers have been insisting i bring the M.pesa services.
Once more thank you and be blessed.

Feedback

4

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$204.00

Date disbursed

Nov 1, 2013

Repayment status

Late

Projected term

57 months

Other loans

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vidarlil

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Kjartan

Oslo, Norway

A

anonymus

Moon, United States

Pierfausto

Rome, Italy

M

missjoyy

Munich, Germany

joaoferraz

RINCHOA, Portugal

Thilo

Germany

Sarasota

Sarasota, Fl, United States

C

CZC

Lake Zurich, United States

B

Blazeski786

Shimoni, Kenya

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  • Kjartan    Apr 16, 2014

    Hi Mutenyi,

    Would you please give us an update or a small repayment to show that you are still with us?

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  • CZC    Feb 10, 2014

    Mutenyi,

    I see you have rescheduled your loan. No problem at all, but could you give us an update as to how your business is doing?

    We, the lenders, are so far away and don't know too much about your business or Kenya. I think it would be really interesting for us if you could let us know how widespread your type of business is in Kenya.

    Thanks,
    Cris

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  • Mutenyi    Jan 26, 2014

    mutenyi baraza
    mutenyi baraza comments on Sep 14, 2013

    hi lenders i would like to take these importunity to say that i will reschedule my loan up to next month.These is because i was able to buy more stocks yesterday and added more scratch cards for safaricom,zain ,yu orange and more shop items.
    i will pay my loan accruing for two month before 15th of October 2013,as soon as i get the return on my new stocks purchased.once more thanks a lot.

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  • Mutenyi    Oct 29, 2013

    Hi lenders and zidisha family,i would like to say that i will keep to my promise that i had requested when i actually added more stock and delay my loan payment and pay for two months.i have decided to clear all my outstanding balace after my last stock gave a good return.
    Thank you and all be blessed.

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  • Mutenyi    Sep 14, 2013

    hi lenders i would like to take these importunity to say that i will reschedule my loan up to next month.These is because i was able to buy more stocks yesterday and added more scratch cards for safaricom,zain ,yu orange and more shop items.
    i will pay my loan accruing for two month before 15th of October 2013,as soon as i get the return on my new stocks purchased.once more thanks a lot.

    Log in to reply • Share
  • Mutenyi    Sep 14, 2013

    hi lenders i would like to take these importunity to say that i will reschedule my loan up to next month.These is because i was able to buy more stocks yesterday and added more scratch cards for safaricom,zain ,yu orange and more shop items.
    i will pay my loan accruing for two month before 15th of October 2013,as soon as i get the return on my new stocks purchased.once more thanks a lot.

    Log in to reply • Share


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