Monica

Mishomoroni, Kenya

100% repaid

Entrepreneur

Name

Monica

Member since

April 2013

On-time repayments

12 installments  •  67%

About Me

My name is Monica Ambasa, a resident of Mishomoroni and a businesswoman in Mishomoroni as well. Am a single mother of four children and i live with my children here in a rented house.Three of my children are in school the first being in secondary school. Am a high school lever having completed my secondary education. I did not gave a chance of going to any technical college mainly because of the financial status in my family. due to this i did not get a reasonal job. so i desided to venture into business.I started a salon which has now become a good business to me and helps with all my family needs.With the income i get from this business i buy food for my family, pay rent, pay school fees and other family needs.

My Business

My business is a salon which i operate in Mishomoroni area and this business has given me a good reason to be popular in this area beacuse of the good work and good relation to my customers. I have been in this business for the last five years and i came to understand how to deal with my customers and how to provide with what they want in my business. This business is good and profitable and i get an income of ksh 25,000 per month after all my expenses. The risks in this business include the fluctuation of prices in the items i use in my salon. With the income i gt from this business i use ksh, 5,000 for my family food, ksh 2,500 paying rent ksh 8,000 paying school fees. So i save ksh 9,500 per month. With this saving i can use to repay my zidisha loan.

Loan Proposal

Hello am so thankful that my loan application has been approved. My sincere thanks to the entire zidisha team for hard work and devortion towards improving peoples lives by helping them in their businesses. With this loan i will add more stock to my business so that i aquire more customers and this will make me earn more income.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 18, 2013

Repayment status

On Time

Projected term

12 months

Lenders

S

share

Whitby, Canada

J

jjonas

berlin, Germany

F

fisaire

Ithaca, United States

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

W

wordelsue

MIDWEST, United States

A

asharp

Ann Arbor, United States

M

mcamca

Austin, Texas, United States

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