I want to add more stock of new clothes

Paul

Mugaa Nakuru, Kenya

100% repaid

Entrepreneur

Name

Paul

Member since

April 2010

On-time repayments

89 installments  •  44%

About Me

Am a family man a father of three children james ngugi james nganga patrick njoroge. I have attained education up to form four. Having completed education i felt the need to start my own business to alleviate poverty in my village. I am patient, active and hardworking. I also works on my farm i and my wife and also labor some more workers on my firm in order to get more products. for this reason, if i get some more money from zidisha i will be able to expand my business and also get more land for cultivation.

My Business

I live in mugaa village where i run a retail shop selling such things as sugar, rice, tea leaves ,cooking fat, salt and also dry grains for human consumption. i have been in this business for six years. my main customers are the villagers and the teachers in the neighbouring schools. the schools also buy some of the commodities from me. i have benefited from a loan of ksh.60,000 by faulu kenya in november 2009. i have paid ksh. 50,000 and intend to clear the balance by the end of this month. Am a family man a father of three children james ngugi james nganga patrick njoroge. I have attained education up to form four. Having completed education i felt the need to start my own business to alleviate poverty in my village

Loan Proposal

I am in need of 50 dollars to help me to buy more stock of new clothes for both men and women. The previous loan really helped me to push my business forward in that i was able to introduce a new fashion for women. For this, I will forever be grateful for Zidisha lenders who have maintained my dream so far. With the new loan i will be able to buy more new clothes. I am interested in clothes especially for women because people around are really happy about new fashion and i have now gained enough experience to in clothes market. I usually sell them at almost double buying price and therefore profit is always sure. I have also liked the business because clothes are not perishable and i have a good relationship with the wholesalers where i buy clothes. I will be very happy to get a new loan. All thanks to Zidisha lenders and to the Zidisha community world wide. Best regards.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Apr 30, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

ads68

Melbourne, Australia

dlpringle

Denver, United States

A

alretz

United States

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Summary

Amount repaid

$50.35

Amount remaining

$0.00

Date repaid

Jun 24, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 9, 2014 $10.07 May 9, 2014 $10.07
May 16, 2014 $10.07 May 9, 2014 $0.01
May 16, 2014 $10.06
May 23, 2014 $10.07 May 16, 2014 $0.02
May 24, 2014 $10.05
May 30, 2014 $10.07 May 24, 2014 $0.04
Jun 22, 2014 $10.04
Jun 6, 2014 $10.07 Jun 22, 2014 $10.07

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