Mary

Mtwapa, Kenya

2% repaid

Entrepreneur

Name

Mary

Member since

April 2013

On-time repayments

9 installments  •  0%

About Me

Am a marreid woman blesed four children whom are all working.My husband is also a business woman.
I live at kenol mtwapa near vipingo pharmacy.I am a businees woman.I completed both primary and secondary education and later trainnedas a waitress in the hotel indusrty and thas where i developed that intrests of owning my own business.I started businees because i also came to realise thata busineess pay or make more oney than being employed.I use my business earnings to buy foood for my family and assisting my husband in managing our family.

My Business

My business is about buyng and selling of clothes,I have a shop where i display my clothes and do my business.Clothes beind a basic need people have to buy and wear and the high poputlation in mtwapa creates a demand and market for busines to run.Most people buy from my shop because i sell all kinds of clothes, sell second hand ones and prices are affordable to all.The risks involved are that not all people buy new clothes everday, shop may be robbed and everthing taken and there is high competition which can make you run out of business.I make around 2,000 k sh per day thus coming to 60,000 ksh per month.Daily expenditure is 500 ksh which comes to 15,000 ksh per month.I pay 7,000 sh ever monh for the shop add new clothes in every 2 weeks which costs 6,000 ksh thus 12,000 monthly. I remain with 26,000 ksh per month as profit. once i get this from zidisha am lookig forward in adding my stock.

Loan Proposal

Hello, Thank you so much for this opportunity and many thanks to the entire zidisha team and all lenders by helping us improve our businesses,am so happy that i have been approved to post for a second loan. This is god news to me and my business because i will stand a good chance in improving my business more and better. I got a very good boost with my first loan. With this second loan i would like to add more stock to my business so that i can do more business especially as its now a high season.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$192.00

Date disbursed

Aug 24, 2013

Repayment status

Late

Projected term

7 months

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