Reginah Mumbi

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Reginah Mumbi

Member since

June 2013

On-time repayments

412 installments  •  62%

About Me

am from a family of 8 and am the sixth born,i currently work part time in a ground handling company i started farming in a one acre piece of land the business has been coming up because Kenyans and the people of kambiti(Kirinyaga) where the farm is located appreciate healthy eating.the demand for the for the water melon has been increasing day by day.my business plan is to hire extra acres of land for my use and buy the right equipment for my business.my plan is to reduce the running cost of the business by buying my own water pump to get the water from masinga dam,i also plan to buy more pipes to reduce the amount of money used to hire equipments.i satrted the business after 3 years of working and the money i was earning i could only pay my house rent and buy me food and i wanted more financial freedom.the earnings from my business are used to pay college fees and the bus fare to and from college

My Business

my current business is airbnb business,when covid came and most companies wanted to achieve social distancing we have seen a rise and demand in airbnb business leading to business being.but since the current clients are corporate we have seen a demand in luxury apartments and people wanting more comfort in the apartments.i currently operate two 3 bedroomed apartments in a nice gated community and in the process of starting a third one.business has been progressing well with us getting 85% occupancy rate.per month we make an average 70,000ksh to 90,000ksh before we remove the expenses.after we deduct all expenses we remain with around 45,000ksh.

Loan Proposal

hallo everyone...first let me start with saying thank you for giving me a 2nd chance to borrow money again.i am forever grateful to all my lenders and entire zidisha team.the loan money will be used for buying new tyres for my three wheeler transport vehicle(tuk tuk)..its used as a taxi to carry people around our estate.it normally carries 3 people and each pays about 30ksh each.its also hired for a long distance trip maybe to another town for 500ksh per trip.the three wheeler has been operation for the last 7months and its tyres need changing soon.i started with a fruit business and i have expanded to the transport business...my three wheeler(tuk tuk car)has really helped and improved my finances.the first one was able to buy a second one which i bought last month and it started operating these month.i can only say thank you team zidisha and God bless you always
regards
reginah

Feedback

8

None

None

  • guenter    Apr 22, 2017

    Reginah payed back in advance "as usual" :). I might call her a friend because I supported some of her loans and I was never disappointed.
    Please support her new loan!

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$207.00

Date disbursed

Nov 15, 2013

Repayment status

On Time

Projected term

6 months

Lenders

G

guenter

Bremen, Germany

Pierfausto

Rome, Italy

ads68

Melbourne, Australia

Shealady

Halifax, Nova Scotia, Canada

Padrino

Kilkenny, Ireland

Greg1

Southampton, United Kingdom

Ask Reginah Mumbi a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...