Inventory of mobile phones to retail
Elizabeth
Mombasa, Kenya
100% repaid
Entrepreneur
Name
Elizabeth
Member since
April 2014
On-time repayments
257 installments • 77%
About Me
I am a business lady doing business in Mombasa town. I am a single mother of 2 siblings aged 18 and 21 years old both in college. I was born in Laikipia county in Rift Valley province and later relocated to Mombasa in search of greener pastures.
After completing my o level ,i joined Nairobi University where i studied Business and computer studies in the year 2000.
I am the first born in a family of six. I am hardworking, honest and ambitious person. Given this chance (credit) I will be able to take my business to even greater heights.Besides i do spare sometimes to let people know about their rights, we started an NGO in the name of Christian for human rights (CFHCR) which is self sponsored catering for people in prison ,children's home and vulnerable.Am the VICE CHAIRPERSON of the organization.
My Business
My business is located in Mombasa in the central business district. It deals with sale of mobile phones and M-PESA its a money transfer and receiving of money commonly used here in my country KENYA. These two products were introduced in Kenya just about 10 years ago and they have been accepted by all types of people. This is what made me get into this business so as to address the needs of the local community as well as making a living out of it.
I have been able to make good progress in this business and I have managed to take my children through their education and other needs though the profit I make. I am optimistic that the growth curve will continue upwards since the demand is still growing rapidly.
Loan Proposal
Am delighted to request for a new loan through Zidisha.org for my phone business being the second loan . I want this loan for developing my business which will go towards buying ansd selling of new phones in the market.This loa will assist me to obtain machadise to sell .it has been of great support towards my children ,faily and business.Its an opportunity that has enabled me to persue my dreams and support a a single mother..Am optimistic i will be able to repay the loan as the previous one .I witnessed growth in quantity and quality due to the overflow of customers.Thou challenges are there in buying and selling when the dollar is against the local currency.Thanking you in advance Zidisha.org And to all lenders,Regards liz
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$448.00
Date disbursed
May 22, 2014
Repayment status
On Time
Projected term
3 months
Lenders
Guildford, United Kingdom
United States
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Summary
Amount repaid
$467.85
Amount remaining
$0.00
Date repaid
Sep 2, 2014
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 31, 2014 | $33.41 | May 31, 2014 | $33.41 |
| Jun 7, 2014 | $33.41 | May 31, 2014 | $13.65 |
| Jun 7, 2014 | $19.76 | ||
| Jun 14, 2014 | $33.41 | Jun 7, 2014 | $27.29 |
| Jun 14, 2014 | $6.12 | ||
| Jun 21, 2014 | $33.41 | Jun 14, 2014 | $17.41 |
| Jun 21, 2014 | $16.00 | ||
| Jun 28, 2014 | $33.41 | Jun 21, 2014 | $13.41 |
| Jun 28, 2014 | $20.00 | ||
| Jul 5, 2014 | $33.41 | Jun 28, 2014 | $15.29 |
| Jul 5, 2014 | $18.12 | ||
| Jul 12, 2014 | $33.41 | Jul 5, 2014 | $17.18 |
| Jul 12, 2014 | $16.24 | ||
| Jul 19, 2014 | $33.41 | Jul 12, 2014 | $19.06 |
| Jul 19, 2014 | $14.35 | ||
| Jul 26, 2014 | $33.41 | Jul 19, 2014 | $20.94 |
| Jul 26, 2014 | $12.47 | ||
| Aug 2, 2014 | $33.41 | Jul 26, 2014 | $22.82 |
| Aug 2, 2014 | $10.59 | ||
| Aug 9, 2014 | $33.41 | Aug 2, 2014 | $24.71 |
| Aug 9, 2014 | $8.71 | ||
| Aug 16, 2014 | $33.41 | Aug 9, 2014 | $26.59 |
| Aug 16, 2014 | $6.82 | ||
| Aug 23, 2014 | $33.41 | Aug 16, 2014 | $16.71 |
| Aug 23, 2014 | $16.71 | ||
| Aug 30, 2014 | $33.41 | Aug 23, 2014 | $6.82 |
| Aug 30, 2014 | $26.59 | ||
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