Inventory of metal sheets for roofing homes

Ann

Mombasa Island, Kenya

100% repaid

Entrepreneur

Name

Ann

Member since

March 2015

On-time repayments

248 installments  •  52%

About Me

My name is Ann Wanyika, a mother of one eleven year boy. I was born in deep rural Nyeri – Central Kenya. This area has semi-arid climatic conditions and though almost everybody there is a farmer, there isn’t much in terms of food production to talk about. Most people engage themselves in farming of drought resistant crops such as onions and millet.
I went to school like the rest of the children in the area while helping my parents with their daily chores at home. I cleared my secondary school and the urge to get out of home and venture outside that area got the better of me and I decided to look for a college in Mombasa. Luckily I got an admission to join a hospitality training school in Mombasa which is about 700 kilometers from home – exactly what I wanted.

I joined the college and did a course in hotel management and I secured a job after completing the course. My first job was in a beach hotel in an area called South Coast which is about 20 kilometers south of Mombasa. I loved this job since it is exactly what I was trained to do and I was able to meet people from different nationalities since the hotel was a tourist resort.

Unfortunately there was a slump in tourism activity after a series of terrorist attacks and the hotel closed down due to lack of business. With no where to take my skills, I decided to change my career and with the little money I had saved, I decided to start selling construction materials mostly house hold sanitary equipment such as cisterns and related accessories.

I am also involved in community work as explained on this website. www.g2gchildrenshome.or.ke

My Business

I decided to start this business because Mombasa is a big city which is growing at a very rapid pace. This has resulted into an explosion of new buildings which are coming up in every corner of the city. The middle class is also growing fast and most of them are obsessed with owing their own housed. For this reason, the demand for construction and finishing materials is quite high and I decided to swim along this wave so as benefit from the boom.
I run a small store in the backstreets of Mombasa city where I stock sinks and tubes. I have a good number of loyal clients who keep coming back to buy from my shop. The visibility of my store is not very good since I operate in a backstreet and I sometimes forced to sell these items from door to door so as to reach more clients. I am hoping to open another store in the main streets of the city once the business grows to sustain such a store.

I get most of my stock from big stores where I buy at a whole sale price and then retail the items at a profit. My profit margin ranges between 20 – 30%.
I currently make a net profit of about USD300 per month and I use this money to support my boy who is in school and for my own upkeep. This income can grow much more if get reliable and affordable credit. I believe in Zidisha I have found a reliable partner.

Loan Proposal

Success brings more success. I started selling roofing sheets when I got my previous loan. This became an instant hit since I have been selling high volumes of these sheets.

The demand for the same has soared and I will use this money to buy about 200 sheets so as to respond to this high demand. I hope to sell the stock within a short time and make some good profit in the process. The extra income will be injected back to the business thus accelerating its growth.

Feedback

6

None

None

  • Madeleine    Aug 4, 2017

    Wonderful! You paid back the loan so fast, you are a hard working woman! I believe in you!

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  • Mary    Jun 14, 2017

    I would gladly loan to Ann again!

    Log in to reply • Share
  • Sue L    Apr 3, 2017

    So nice to see you doing well, Ann. Great that you were able to pay back early. All the best in your other endeavors.

    Log in to reply • Share
  • Liam    Mar 29, 2017

    Great work! Ann paid back early.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$301.00

Date disbursed

Jun 21, 2017

Repayment status

On Time

Projected term

35 months

Lenders

BrassHat

Boston, United States

F

flaguy999

Tampa, United States

Paul Buchheit

Mountain View, United States

M

mbarbier

United States

J

John

United Kingdom

PG

Paul Graham

United States

MC

United States

Ian Murray

Brisbane, Australia

R

Rahima

United States

Madeleine

Switzerland

roark22

Geneva, Switzerland

J

James

United States

Angi

Germany

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

GR

Greg Rice

United States

Ken

Mequon, WI, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

Bjørn

Norway

Don Williams

New Zealand

Ask Ann 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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Summary

Amount repaid

$300.93

Amount remaining

$0.00

Date repaid

Aug 4, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 30, 2017 $3.95 Jul 1, 2017 $3.95
Jul 7, 2017 $3.95 Jul 8, 2017 $3.95
Jul 14, 2017 $1.98 Jul 15, 2017 $1.98
Jul 21, 2017 $1.98 Jul 15, 2017 $0.99
Jul 22, 2017 $0.99
Jul 28, 2017 $1.98 Jul 25, 2017 $1.98
Aug 4, 2017 $1.98 Jul 25, 2017 $1.98
Aug 11, 2017 $1.98 Aug 4, 2017 $1.98
Aug 18, 2017 $1.98 Aug 4, 2017 $1.98
Aug 25, 2017 $1.98 Aug 4, 2017 $1.98
Sep 1, 2017 $1.98 Aug 4, 2017 $1.98
Sep 8, 2017 $1.98 Aug 4, 2017 $1.98
Sep 15, 2017 $1.98 Aug 4, 2017 $1.98
Sep 22, 2017 $1.98 Aug 4, 2017 $1.98
Sep 29, 2017 $1.98 Aug 4, 2017 $1.98
Oct 6, 2017 $1.98 Aug 4, 2017 $1.98
Oct 13, 2017 $1.98 Aug 4, 2017 $1.98
Oct 20, 2017 $1.98 Aug 4, 2017 $1.98
Oct 27, 2017 $1.98 Aug 4, 2017 $1.98
Nov 3, 2017 $1.98 Aug 4, 2017 $1.98
Nov 10, 2017 $1.98 Aug 4, 2017 $1.98
Nov 17, 2017 $1.98 Aug 4, 2017 $1.98
Nov 24, 2017 $1.98 Aug 4, 2017 $1.98
Dec 1, 2017 $1.98 Aug 4, 2017 $1.98
Dec 8, 2017 $1.98 Aug 4, 2017 $1.98
Dec 15, 2017 $1.98 Aug 4, 2017 $1.98
Dec 22, 2017 $1.98 Aug 4, 2017 $1.98
Dec 29, 2017 $1.98 Aug 4, 2017 $1.98
Jan 5, 2018 $1.98 Aug 4, 2017 $1.98
Jan 12, 2018 $1.98 Aug 4, 2017 $1.98
Jan 19, 2018 $1.98 Aug 4, 2017 $1.98
Jan 26, 2018 $1.98 Aug 4, 2017 $1.98
Feb 2, 2018 $1.98 Aug 4, 2017 $1.98
Feb 9, 2018 $1.98 Aug 4, 2017 $1.98
Feb 16, 2018 $1.98 Aug 4, 2017 $1.98
Feb 23, 2018 $1.98 Aug 4, 2017 $1.98
Mar 2, 2018 $1.98 Aug 4, 2017 $1.98
Mar 9, 2018 $1.98 Aug 4, 2017 $1.98
Mar 16, 2018 $1.98 Aug 4, 2017 $1.98
Mar 23, 2018 $1.98 Aug 4, 2017 $1.98
Mar 30, 2018 $1.98 Aug 4, 2017 $1.98
Apr 6, 2018 $1.98 Aug 4, 2017 $1.98
Apr 13, 2018 $1.98 Aug 4, 2017 $1.98
Apr 20, 2018 $1.98 Aug 4, 2017 $1.98
Apr 27, 2018 $1.98 Aug 4, 2017 $1.98
May 4, 2018 $1.98 Aug 4, 2017 $1.98
May 11, 2018 $1.98 Aug 4, 2017 $1.98
May 18, 2018 $1.98 Aug 4, 2017 $1.98
May 25, 2018 $1.98 Aug 4, 2017 $1.98
Jun 1, 2018 $1.98 Aug 4, 2017 $1.98
Jun 8, 2018 $1.98 Aug 4, 2017 $1.98
Jun 15, 2018 $1.98 Aug 4, 2017 $1.98
Jun 22, 2018 $1.98 Aug 4, 2017 $1.98
Jun 29, 2018 $1.98 Aug 4, 2017 $1.98
Jul 6, 2018 $1.98 Aug 4, 2017 $1.98
Jul 13, 2018 $1.98 Aug 4, 2017 $1.98
Jul 20, 2018 $1.98 Aug 4, 2017 $1.98
Jul 27, 2018 $1.98 Aug 4, 2017 $1.98
Aug 3, 2018 $1.98 Aug 4, 2017 $1.98
Aug 10, 2018 $1.98 Aug 4, 2017 $1.98
Aug 17, 2018 $1.98 Aug 4, 2017 $1.98
Aug 24, 2018 $1.98 Aug 4, 2017 $1.98
Aug 31, 2018 $1.98 Aug 4, 2017 $1.98
Sep 7, 2018 $1.98 Aug 4, 2017 $1.98
Sep 14, 2018 $1.98 Aug 4, 2017 $1.98
Sep 21, 2018 $1.98 Aug 4, 2017 $1.98
Sep 28, 2018 $1.98 Aug 4, 2017 $1.98
Oct 5, 2018 $1.98 Aug 4, 2017 $1.98
Oct 12, 2018 $1.98 Aug 4, 2017 $1.98
Oct 19, 2018 $1.98 Aug 4, 2017 $1.98
Oct 26, 2018 $1.98 Aug 4, 2017 $1.98
Nov 2, 2018 $1.98 Aug 4, 2017 $1.98
Nov 9, 2018 $1.98 Aug 4, 2017 $1.98
Nov 16, 2018 $1.98 Aug 4, 2017 $1.98
Nov 23, 2018 $1.98 Aug 4, 2017 $1.98
Nov 30, 2018 $1.98 Aug 4, 2017 $1.98
Dec 7, 2018 $1.98 Aug 4, 2017 $1.98
Dec 14, 2018 $1.98 Aug 4, 2017 $1.98
Dec 21, 2018 $1.98 Aug 4, 2017 $1.98
Dec 28, 2018 $1.98 Aug 4, 2017 $1.98
Jan 4, 2019 $1.98 Aug 4, 2017 $1.98
Jan 11, 2019 $1.98 Aug 4, 2017 $1.98
Jan 18, 2019 $1.98 Aug 4, 2017 $1.98
Jan 25, 2019 $1.98 Aug 4, 2017 $1.98
Feb 1, 2019 $1.98 Aug 4, 2017 $1.98
Feb 8, 2019 $1.98 Aug 4, 2017 $1.98
Feb 15, 2019 $1.98 Aug 4, 2017 $1.98
Feb 22, 2019 $1.98 Aug 4, 2017 $1.98
Mar 1, 2019 $1.98 Aug 4, 2017 $1.98
Mar 8, 2019 $1.98 Aug 4, 2017 $1.98
Mar 15, 2019 $1.98 Aug 4, 2017 $1.98
Mar 22, 2019 $1.98 Aug 4, 2017 $1.98
Mar 29, 2019 $1.98 Aug 4, 2017 $1.98
Apr 5, 2019 $1.98 Aug 4, 2017 $1.98
Apr 12, 2019 $1.98 Aug 4, 2017 $1.98
Apr 19, 2019 $1.98 Aug 4, 2017 $1.98
Apr 26, 2019 $1.98 Aug 4, 2017 $1.98
May 3, 2019 $1.98 Aug 4, 2017 $1.98
May 10, 2019 $1.98 Aug 4, 2017 $1.98
May 17, 2019 $1.98 Aug 4, 2017 $1.98
May 24, 2019 $1.98 Aug 4, 2017 $1.98
May 31, 2019 $1.98 Aug 4, 2017 $1.98
Jun 7, 2019 $1.98 Aug 4, 2017 $1.98
Jun 14, 2019 $1.98 Aug 4, 2017 $1.98
Jun 21, 2019 $1.98 Aug 4, 2017 $1.98
Jun 28, 2019 $1.98 Aug 4, 2017 $1.98
Jul 5, 2019 $1.98 Aug 4, 2017 $1.98
Jul 12, 2019 $1.98 Aug 4, 2017 $1.98
Jul 19, 2019 $1.98 Aug 4, 2017 $1.98
Jul 26, 2019 $1.98 Aug 4, 2017 $1.98
Aug 2, 2019 $1.98 Aug 4, 2017 $1.98
Aug 9, 2019 $1.98 Aug 4, 2017 $1.98
Aug 16, 2019 $1.98 Aug 4, 2017 $1.98
Aug 23, 2019 $1.98 Aug 4, 2017 $1.98
Aug 30, 2019 $1.98 Aug 4, 2017 $1.98
Sep 6, 2019 $1.98 Aug 4, 2017 $1.98
Sep 13, 2019 $1.98 Aug 4, 2017 $1.98
Sep 20, 2019 $1.98 Aug 4, 2017 $1.98
Sep 27, 2019 $1.98 Aug 4, 2017 $1.98
Oct 4, 2019 $1.98 Aug 4, 2017 $1.98
Oct 11, 2019 $1.98 Aug 4, 2017 $1.98
Oct 18, 2019 $1.98 Aug 4, 2017 $1.98
Oct 25, 2019 $1.98 Aug 4, 2017 $1.98
Nov 1, 2019 $1.98 Aug 4, 2017 $1.98
Nov 8, 2019 $1.98 Aug 4, 2017 $1.98
Nov 15, 2019 $1.98 Aug 4, 2017 $1.98
Nov 22, 2019 $1.98 Aug 4, 2017 $1.98
Nov 29, 2019 $1.98 Aug 4, 2017 $1.98
Dec 6, 2019 $1.98 Aug 4, 2017 $1.98
Dec 13, 2019 $1.98 Aug 4, 2017 $1.98
Dec 20, 2019 $1.98 Aug 4, 2017 $1.98
Dec 27, 2019 $1.98 Aug 4, 2017 $1.98
Jan 3, 2020 $1.98 Aug 4, 2017 $1.98
Jan 10, 2020 $1.98 Aug 4, 2017 $1.98
Jan 17, 2020 $1.98 Aug 4, 2017 $1.98
Jan 24, 2020 $1.98 Aug 4, 2017 $1.98
Jan 31, 2020 $1.98 Aug 4, 2017 $1.98
Feb 7, 2020 $1.98 Aug 4, 2017 $1.98
Feb 14, 2020 $1.98 Aug 4, 2017 $1.98
Feb 21, 2020 $1.98 Aug 4, 2017 $1.98
Feb 28, 2020 $1.98 Aug 4, 2017 $1.98
Mar 6, 2020 $1.98 Aug 4, 2017 $1.98
Mar 13, 2020 $1.98 Aug 4, 2017 $1.98
Mar 20, 2020 $1.98 Aug 4, 2017 $1.98
Mar 27, 2020 $1.98 Aug 4, 2017 $1.98
Apr 3, 2020 $1.98 Aug 4, 2017 $1.98
Apr 10, 2020 $1.98 Aug 4, 2017 $1.98
Apr 17, 2020 $1.98 Aug 4, 2017 $1.98
Apr 24, 2020 $1.98 Aug 4, 2017 $1.98
May 1, 2020 $1.98 Aug 4, 2017 $1.98
May 8, 2020 $1.98 Aug 4, 2017 $1.98
May 15, 2020 $0.63 Aug 4, 2017 $0.63

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