Phidlorah Mbaru
Mtwapa, Kenya
20% repaid
Name
Phidlorah Mbaru
Member since
February 2013
On-time repayments
56 installments • 75%
My names are phidlorah mnyazi, i live in mtwapa mombasa kenya in mikanjuni village at the pot home. am married and i live with my husband here at the pot home in mikanjuni village. am a serious business lady having been running my business very successfully for the last four year.am blessed with one child girl at the age of four month.my education background is form four level of Kenya secondary school. then after my secondary school i joined a nearby beauty college. i started this business because i just wanted to earn more income so that i can be able to improve my business for the future.
my business is of boutique business here in mtwapa at the pot shopping center. i sell different types of clothes fashion and accessories and cosmetics.this business has a high demand here in mtwapa the reason of this business being demanded here is because it is the only boutique within mikanjuni and am selling almost all my clothes and my products at a reasonable prices. this business is profitable because i buy my products with a wholesale prices and sell them with a consumer price and at the end i get a good return after sale which is my profit my monthly running cost is Kenya shillings 30,000. and my monthly sales collection is Kenya shillings 65,000. so with this sales its gives me a monthly profit 35,000 so this business its profitable to me.
I once again thank and appreciate the Lenders and Zidisha team at large,You have been so supportive in improving my business and I am happy that my business is not the same again. I have introduced a few people and they all talk positive about Zidisha.The purpose of this loan is to make sure that everything on demand during this busy period is provided to my customers.I will use 100 dollars to buy cosmetics i.e hair products,creams and body lotions,100 dollars will buy Kids clothes mixing different ages,100 dollars will buy ladies dresses,tops,skirts and jeans.50 dollars will buy men shirts and t-shirts.50 dollars will buy ladies handbags to start with because it will be a new item.I will be very grateful if my loan application is considered.Thank you in advance.
Positive
8
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$398.34
Date disbursed
Nov 10, 2014
Repayment status
Late
Projected term
3 months
Cost to entrepreneur
Lender interest: $398.34 at 7.87% annual rate over 3 months = $9.56
Service fee: $4.09
United States
Philippines
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