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
Positive
8
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$207.00
Date disbursed
Nov 15, 2013
Repayment status
On Time
Projected term
6 months
Lenders
Ask Reginah Mumbi a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
guenter Apr 22, 2017
Loading...