Mary

Mtwapa, Kenya

100% 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,am so happy that my loan application has been approved. This is good news to as i now have a good chance in improving my business. My thanks to the entire zidisha team for the good sct of faith to me and my business.With this loan i want to buy more clothes that i will add tothe existing stock and this will give me a good incomethat will anable reapy my loan in good time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 9, 2013

Repayment status

On Time

Projected term

4 months

Other loans

Lenders

C

CWS

Huntington beach, ca, United States

A

alfredo

Bremen, Germany

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

bycyt

Whitefish, United States

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  • jjonas    Oct 30, 2014

    Dear Mary Waithaka,
    please dont leave us in vain!
    What happend? Why still 2% Repayment?!
    Thanks

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  • Mary    Oct 15, 2013

    Hello, am so sorry that i have not managed to send any repayments so far, this is because i was admited for over two months due to miscariage it has been so tereble to me, and i have not been able to attend my business since then, as to this reason i would like to request more time so as to make funds availble by that time. Since am now back at home i will make all efforts to get funds by that time. thank you so much for youe patience.

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  • Mary    Aug 15, 2013

    Hello, zidisha am so sorry for the delay in repaying my first installments, this was due some circumstances that made me financially unstable. As things are now moving well i would like to finish my loan in one installment. This is because i received my payments from my customers who normally take clothes in wholesale and pay after sales. This has actually boosted my business and would like to add more stock so as to acquire more customers.

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  • Mary    Aug 13, 2013

    Hello, Zidisha and all my lenders,am so sorry that my repayments are behind two months. although this was not plan, intended repay this with only one installment. I would like to pay the whole amount by 15 this month. So please bear with me.

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