Wilson

Mazeras, Kenya

100% repaid

Entrepreneur

Name

Wilson

Member since

August 2013

On-time repayments

305 installments  •  17%

About Me

My names are Wilson Waema Wambua.Married with now one baby girl. My family consist of five members. My two parents, two brothers and I. Am the last born and a God-fearing man. One of my brothers is mentally handicapped and the other one does casual labours in our village. I live in Mazeras town where i operate a small shop. My parents are aged and jobless so its only me and my brother who earn a living for the whole family. However, I work hard enough to ensure my family is properly catered for. I've never let anything stop me from achieving my dreams. I overcame a lot of challenges to complete my secondary school education.

My Business

I operate a small shop in Mazeras town. I sell cereals, maize flour, wheat flour, sugar, rice, tea leaves, steel wool and soda in plenty. This is because there are so many hotels neighboring my shop.This many hotels are due to so many garment industry workers in this town so I make sure that every hotel is supplied with enough cooking materials. Mazeras town is a fast growing town along the Mombasa-Nairobi highway and there are other companies which have started their manufacturing. This makes me look for more capital to expand my business so as to supply more customers.

Loan Proposal

I will use my second loan to expand my business.This will be buying more goods to stock my shop so as to enable me supply the farthest reserves of mazeras. curently i have realised that in mazeras fresh milk is a commodity in high demand so i will use some portion of my loan to start stocking fresh milk.Also,i used to buy cereals from the wholesellers from within mazeras and the profit that i was getting was very small compared to when am buying direct from the farmers. this will mean i buy in large quantity than i used to buy from the wholesellers.

Feedback

9

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$448.00

Date disbursed

Jan 1, 2014

Repayment status

On Time

Projected term

4 months

Lenders

AWOL

USA, United States

Ishaque

New Jersey, United States

P

Philippe

Adliswil, Switzerland

B

Bpryse

Long beach, United States

S

stroll

Stockholm, Sweden

B

bopsquod

Seattle, Wa, United States

MicroFinancier

New York, United States

M

MorganBlue

United States

M

miriamg

Toronto, Canada

W

Walter01

Kingston, Canada

H

howard

Vence, France

MarshFamilyUK

Canterbury, United Kingdom

M

Michiel

Zoetermeer, Netherlands

iggwag

Kilifi, Kenya

A

abc

Afghanistan

DocHolliday

Legend, United States

J

jcappel

Toronto, Canada

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