Martin

Karunga, Kenya

100% repaid

Entrepreneur

Name

Martin

Member since

September 2012

On-time repayments

72 installments  •  17%

About Me

My name is Martin Mwangi Wangari. I am married with two children. I reside at Karunga shopping centre. This is where I have located my business. To reach me take Nakuru/Nyahururu road as you reach a centre called Maili Saba, branch to your right hand take a rough road go past St. John secondary school, then from there to Karunga Centre. I live at the centre just next to proposed Karunga market site plot number 131. If you ask for Mbucha Mwangi you will be brought at my home.

My Business

I have a business of selling meat, where’s I sale sheep, goat and cow meat. My business is in a house called Scotts plot number 146 and my butchery is called scotts butchery. This is where I earn my living from. I get about Ksh.35,000 monthly so annually I get Ksh 420,000. I also do farming as a business where I plant crops for sale; I get income of about Ksh. 200,000 annually.
So the total annul income is Ksh. 620,000.
From the earning I am able to pay my bills, buy food, cloths and I also help my family back at home.

Loan Proposal

I would to use this loan to open another sub-branch, have an employee, buy the necessary tool for this new business. Also buy cows, sheep and goats for slaughtering. I will also buy motor bike which I will be using it to transfer meat from one butchery to another. I will also selling meat to neighboring butchery using motorbike.

Feedback

4

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$496.00

Date disbursed

Jul 19, 2013

Repayment status

On Time

Projected term

24 months

Lenders

V

vidarlil

Sandefjord, Norway

lucafrangi

Vienna, Austria

Kitty

Hailsham, United Kingdom

davelowe100

Perryville, United States

P

Philippe

Adliswil, Switzerland

E

erozlum

Istanbul, Turkey

Silver

Steiermark, Austria

MaxEmerika

Sonoma County, California, United States

A

anonymus

Moon, United States

T

ToddK

Indianapolis, IN, USA, United States

Kysera

Crawfordsville, United States

L

Lemon

Switzerland, Switzerland

B

Bavarian

Bavaria, Germany

H

HildeK

Rogaland, Norway

mewesten

Waynesboro, United States

Sverre

Bergen, Norway

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  • Kitty    May 19, 2015

    Congratulations and good luck again with this loan

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  • Martin    May 19, 2015

    I buy animals for slaughter which will cost Kes 30,000 i will also the remains amount to repair my working premises which will cost Kes 10,000 this will give new look to my butchery and this will make many customer to come to my butchery. Thanks Zidisha members for the loan.

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  • Martin    May 5, 2015

    Thanks to zidisha team for l the oan. i was very grateful for the previous loan i bought a digital weighing machine which has made my business to be very accurate and also attracted many customers who were very confident with my weighing . i also added the stock by buy more animals for slaughter thank very much Zidisha team.

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  • John    Mar 11, 2015

    I tried calling mARTIN BUT I WAS NOT able to find him, i will try again if not going through i will contact family memeber

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  • John    Feb 27, 2015

    Dear Lenders, I spoke to martin today and he said he is going to make some payment this week or before the end of next week, he says he is aware of the Loan and he will do his best to make his payments in good time

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  • mewesten    Feb 12, 2014

    Hello Martin,
    Thank you for the payment. It is good to know that you are still with us!
    If you are able, it would be good to hear from you about your business and its challenges.

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  • mewesten    Feb 12, 2014

    Hello Martin,
    Thank you for the payment. It is good to know that you are still with us!
    If you are able, it would be good to hear from you about your business and its challenges.

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  • mewesten    Feb 12, 2014

    Hello Martin.

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  • John    Feb 10, 2014

    I am John Makongo the Volunteer mentor from Nakuru, I am writting this not on behalf of Mr.Martin, I spoke to martin mwangi phone phone and he expressed his sorry for not being active on repaying the Loan,but he said due to the business challenges he had, he is going to start repaying the loan this week, he therefore said, he is asking for apology for not being able to pay on time.

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    • mewesten    Feb 10, 2014

      Thank you very much, Mr Makongo, It was kind of you to follow up with him.
      I am glad that Martin is overcoming his business challenges. I look forward to Martin resuming his regular payments this week.
      marvin.

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  • mewesten    Jan 6, 2014

    What's going on, Martin?
    You have missed payments and have not posted an update.
    Are we to assume that you will not repay?

    Please let us hear from you.
    Marvin

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  • anonymus    Jan 5, 2014

    Hi Martin,
    I hope everything is going well for you. We haven't heard from you in awhile and it would be great to know how your businesses are going. Have you purchased a motor bike or opened a sub-branch yet? Thanks!

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  • mewesten    Sep 17, 2013

    Dear Martin Mwangi,
    Congratulations on your first payment on your loan. It is very much appreciated. Repayments are used to lend to others.
    If you can find a little time, please post an update for us. You have so many businesses and plans that it would be interesting to hear about them.
    I look forward to hearing from you if possible.
    Sincerely,
    Marvin

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