I want to buy more new clothes for all ages

Paul Ngugi

Mugaa Nakuru, Kenya

20% repaid

Entrepreneur

Name

Paul Ngugi

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

Fist is great thanks to Zidisha for all the great support they have offered me since i joined Zidisha. I have made great progress in my business. With the current loan of Kshs !50,000, I intend to buy new women clothes stock and women shoes that will cost me approximately 70,000. then i want to buy men 's and children's clothes and shoes all new which will cost me 45,000 and 35,000 respectively. I will cater for transport and other few additional costs that may occur using my already saved money. I will be very happy if i will be granted this loan which will mean that i become a successful businessman the soonest time possible. mainly i want to target the current bean harvest season which means that my customers and potential customers will have more money to spend. Tanks in advance to all Zidisha members.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$943.03

Date disbursed

Jul 28, 2014

Repayment status

Late

Projected term

8 months

Cost to entrepreneur

Lender interest: $943.03 at 9.68% annual rate over 8 months = $61.44

Service fee: $22.67

Lenders

J

jobo

Darmstadt, Germany

D

Delph007

Den Haag, Netherlands

A

arenk

Karlsruhe, Germany

S

sendai

Saint Paul, United States

G

garrybuck

Oro Valley, United States

MarcF

Paris, France

F

Fredrik

Gothenburg, Sweden

J

JBosshardt

Redmond, United States

J

jonase

Boise, United States

F

Fiodal

Helsinki, Finland

J

javakonsole

Berlin, Germany

G

gonto

Midland, United States

C

ChrisID

Vancouver, Canada

dsmart978

Bondurant, United States

J

JakeA

Wellington, New Zealand

rodcul

Altea, Spain

P

PeaceandLove

Morro Bay, United States

Simon Thomas

Christchurch, New Zealand

H

Halli

Bottrop, Germany

S

sglobal

Philadelphia, United States

J

jjonas

berlin, Germany

J

Jazzie

Oklahoma City, United States

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

Cloudways

Malta, Malta

D

Dadiolafs

Vestmannaeyjar, Iceland

P

penguin3694

Chicago, United States

DennyC

Rostock, Germany

R

rpmccarthy

Sydney, Australia

J

jdfoote

Evanston, United States

T

the0bauman

Hillsboro, United States

lorello

Vicopisano, Italy

M

mmcclu111

San Francisco, United States

ads68

Melbourne, Australia

M

michaelangers

Toronto, Canada

P

Patrick5678

Beijing, China

McDermotts

South Moreton, United Kingdom

Bhayl

Stavanger, Norway

C

caseygoff

George Town, Cayman Islands

S

shimrod

Zagreb, Croatia

W

Wylliecoyote

Edmonton, Canada

J

jjoshua2

Hanover, United States

Vintagebeeinc

Youngsville NC, United States

basicus

Cairo, Egypt

fairspirit

Utrecht, Netherlands

Bobrm2k3

Charleston, United States

C

caz32

chertsey, United Kingdom

JPadgett

Chandler, United States

U

usualsuspect

Amsterdam, Netherlands

GarmdGriek

Oslo, Norway

greensheep

Jakarta, Indonesia

gseletko

South Perth, Australia

Sarasota

Sarasota, Fl, United States

S

Spelbreker

Zwijnaarde, Belgium

Lambie

Perth, Australia

A

adamtj

toronto, Canada

S

seikatsu

Palo Alto, CA, United States

Matthieu

Switzerland, France

H

harrymore

Townsville, Australia

markpearson

Portsmouth, United Kingdom

HealthcareProvider

Baltimore, United States

H

Haavard

Bergen, Norway

Matching Fund

Sterling, United States

M

microlender

United States

M

mb210047

Miamisburg, OH, United States

cc5alive

Los Angeles, United States

R

Rootdet

Fairfax, United States

S

science4sail

United States

bcortazar

Peckville, United States

L

leumasmc

United States

R

rbaxter

United Kingdom

P

PDNS1401

United States

P

Panda6689

United States

A

AlphaAres

Azerbaijan

Vesa

Helsinki, Finland

G

GDean

United States

Loungin

United States

Mikers

Netherlands

K

KiraDee

United States

C

ColoradoSkier

Denver, United States

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