Inventory of more good for my customers
Grace Wakarindi
Kivumbini Estate,nakuru East Constituency,nakuru County, Kenya
100% repaid
Entrepreneur
Name
Grace Wakarindi
Member since
January 2015
On-time repayments
229 installments • 16%
About Me
I am Grace Wakarindi Mugo.I am a permanent resident of Kivumbini estate,Nakuru County,Kenya.I am a single mother of four children,namely,Muthoni,Wanjiku,Antony and Njesh.They are all still attending various schools,being the first born at Nanyuki Girls in 4th year,the rest i am living with them and they do attend a day school called Kisulisuli Primary school.
I am a christian faith and a church choir leader in my local Church.Since i am the sole bread winner in my family,i established a space in central business district (C.B.D)in the year 2012,where i have been operating my business.Thank you.
My Business
My business is located at the heart of Nakuru town,Kenya.I started operating my small kiosk in the year 2012.I started my business with a capital of Ksh25,000.My business deals with selling cigarettes,sweets,local mobile networks airtime(Orange,safaricom,Yu &Zain),polythene paper-bags,canned sodas,cakes among other goods.The business is licensed and issued with a single business permit(annual license) and it is located strategically close to my customers working area.After the Zidisha first loan and the second loan,my small kiosk has grown in attending my customers and the good services I am giving to my customers.I normally say that they are my boss of the day as they keep my normal life moving through their daily services.In a day i can now serve more than 150 different customers.
In a last month's sales i made a net total sales of Ksh.98,000.After i add more stock of Ksh.65,000,pay my business permit of Ksh.1260,pay my home rent and electricity bill & water Ksh.8,500,pay my children school fees Ksh.11,150.I was left with a clean Ksh.12,090,being a net profit.
In a way of the Zidisha Microfinance supporting my business,I am planning to relocate my business in a permanet building along Kenyatta lane off the C.K.patel building as I have booked one room.Also i will be able to add more goods from the local distributor,which will translate lower prices to my worthy customers and eventually make good sales and i will also make good profit which will sustain my family living standards and also expand my business too.Thank you.God bless Zidisha team.
Loan Proposal
Thank you all the zidisha staffs and the lenders in general.By a way of you funding my business,i will be able to add more stock for my customers.By this kind way of the zidisha micro-finance supporting my business,i will
be able to make good sales and i will also make good profit which will
sustain my family living standards and also i will move to a permanent
building and expand my business.
The loan will be used as follows:
1.I will buy more goods to my small kiosk worthy ksh.4,050
2.I will move to a permanent building which costs ksh.3,500.
3.Renew my monthly lisence at ksh.360
I am warmly welcome you all for the bidding.Thank you in advance and God bless
Zidisha team.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 18, 2015
Repayment status
On Time
Projected term
2 months
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Lenders
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