Help me expand my samosa business

Mwangi

Kahawa Wendani, Kenya

13% repaid

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How it Works

Entrepreneur

Name

Mwangi

Member since

February 2014

On-time repayments

260 installments • 11%

About Me

Am the first born in a family of three kids, am a computer science undergraduate student and I do freelance academic writing, am in my final year at Kenya Methodist University, Nairobi. The freelance writing is my source of income and in a good month I can earn up to $336. I however wish to start investing on bigger projects and I believe that will be possible by taking loans to achieve greater goals. Am an enterprising person and the sky has never been my limit, I aim higher. Scott Belsky the co-founder of Behance once said, “It’s not about ideas. It’s about making ideas happen.” I aim at making my ideas happen.

My Business

I operate a samosa business where I sell samosas to students in campus. Samosas are the preference for most students due to their nutritional value and cheap cost. Due to this fact, samosas are in high demand and venturing into their sale is a profitable business; however, there are risks and shortcomings in any business model, competitors in the market, lack of enough capital and human resource are among the many shortcomings. However, I believe that where there is a will there is a way, and every success story has an origin. Additionally, am also an academic writer and most of my income comes from writing, and on average, I make approximately $336 per month hence I can be able to repay the loan on time.

Loan Proposal

This is my second loan from Zidisha, I was able to repay the first loan timely as scheduled. My business of selling samosas did great and even better than I expected after the college reopened. I now wish to expand my business to another college and employ one person who will be managing the business from the other college as I continue to manage in my current college. With Zidisha’s help am sure I will be able to expand my business to much higher heights and achieve greater goals. Every success story has a starting point; Domino’s Pizza, McDonalds, KFC all started somewhere. My goal is to reach as far as I can go. It is my humble plea that Zidisha and all the sponsors help fund my loan enabling me expand the business. My on time repayment and 100% repayment rate prove that am trustworthy and focused.