Inventory for my shop

Mwambu

Kariobangi, Kenya

100% repaid

Entrepreneur

Name

Mwambu

Member since

March 2015

On-time repayments

212 installments  •  51%

About Me

I was born in 1979. After graduating from high school in 1998, I pursued a mechanic and driving course which i completed successfully.I then got employed by a car dealer in Nairobi to do panel beating ,welding ect where worked for around 3 years.In 2006 i said no to employment and started a retail shop .Since then i have been operating this business to feed my family and educate my son.

My Business

I have started my retail shop over 6 .I am a trained mechanic however i settled on my own business since i was not able to secure a stable job.I sell cakes ,bread ,sugar,tea leaves,flour etc to my neighbours and people of kariobangi at large.I want to grow this business and include MPESA agent with the help i get from Zidisha.Cutomers need this service when they purchase goods from my shop because some have money in their mpesa accounts and may need to withdraw in order to transact.

Loan Proposal

Baking flour@$24 *4 bales=$96
cooking flour@$11*2 cartons=$22
match boxes@$8*2 boxes=$16
Tea leaves@$5*2 cartons=$10
cooking fat@$12*3 cartons=$36
soaps@$4*2 cartons=$8
Exercise books@$2*4cartons=$8
Biro@$1.2*10=$12
Total = $208

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$184.00

Date disbursed

Aug 10, 2016

Repayment status

On Time

Projected term

22 months

Lenders

Brian

Midhurst, Canada

Zidisha

Sterling, United States

Hedwich

Gorssel, Netherlands

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

Thomas

Sweden, Sweden

K

Katka

St Albans, United Kingdom

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

M

Margaret

United States

A

Anonymous

United States

Ask Mwambu a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Mwambu    Nov 1, 2017

    Low business due to political environment in the country affecting business.

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  • Mwambu    Oct 21, 2017

    Hello lenders,Thank you very much for funding my loan quickly.

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  • Mwambu    Oct 13, 2017

    Hello lenders.Am happy for your past generosity.please find my loan to enable me add stock of my current business if retail shop.Thank you.

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  • Margaret    Jul 19, 2017

    Hi Mwambu,
    I am glad to see you are almost finished paying off your loan. I hope you are well and that your business continues to grow with Zidisha. With Regards, Margaret

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  • Wilfred Njiri    Jul 7, 2017

    Mwambu phone is out of reach but I talked to one of the referees who said will remind him about his loan payment.

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  • Wilfred Njiri    May 28, 2017

    I Called Mwambu, He will pay this week.

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  • Mwambu    Sep 14, 2016

    Thank you lenders.I received the loan money i have since then restocked my shop.Thank you very much.

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  • Margaret    Aug 29, 2016

    Thank you for your repayment. I hope your business continues to grow.

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  • Margaret    Aug 8, 2016

    I hope the loan from Zidisha helps you grow your business. Best of Luck!

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  • Mwambu    Aug 8, 2016

    I will buy stock for my shop I.e ugali flour,wheat flour,rice,soap,match boxes,tea leaves,etc

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  • Mwambu    Jul 28, 2016

    My past loans have boosted my business very much despite very hard economic times with less spending by consumers.I wish to continue pressing on and ensure my business succeed.

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  • Mwambu    Jan 29, 2016

    This is because January is usually a slow month in terms of saless that is the reason why am reducing the instalments .If things improve i will put more.Thank you lenders for your understanding.

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  • Mwambu    Jan 17, 2016

    Thank you lenders. I received kshs 9110 and am very happy for your kind generosity.
    I am now able to add stock to my retail shop.Keep up the good work.

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  • Mwambu    Jan 13, 2016

    I will retail shop stock just as per my loan proposal.e.g flour bales,sugar,salt,sweets,tea leaves etc

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  • Roy    Jan 10, 2016

    Mwambu, Will you apply for another loan?

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  • Mwambu    Dec 4, 2015

    Hello Lenders,

    Am grateful lenders for the support you have shown me in past loan.It helped me stock my Retail shop.I hereby appeal to you gain to help me stock again in readiness for the festive season which is about 2 weeks to come.This will enable me serve my customers well and also help abit in repaying the loan.I hope you will fund my proposal as usual.

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  • Mwambu    Oct 18, 2015

    I request to lower my monthly installment to kes100 due to hard economic times.Am now committed to settle my loan balance.Please bear with me.Thank you.

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  • Mwambu    Mar 25, 2015

    Dear Lenders,

    Thank you very much for your loan .i received kes9130 today.I will now go buy various stock items as per my proposal.Thank you very much.

    Mwambu.

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  • Mwambu    Mar 15, 2015

    please fund my loan.

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