Martin

Embakasi, Kenya

Funds disbursed

$0 to go

100% funded of $500 goal

0

days left

Entrepreneur

Name

Martin

Member since

February 2013

On-time repayments

11 installments  •  0%

About Me

My names are Martin Nganga Ndungu. I am a born again christian and very committed in serving the Lord. I was born in Nakuru at a small town called Rongai. I attended my elementary primary school at this area and the joined secondary school where I sat for my Kenya certificate of Secondary School. After school I shifted to Nairobi. I did a six months course in business management. This was a certificate course it could not secure me a good job and thus I decided to use the skills acquired to run a business. I therefore started running a retail shop at Embakasi. I am married with two kids and living in plot number 224.

My Business

I run a retail shop at Embakasi and it is a good business, This area has a high population and thus running a business like this one would require high initial capital and on the other hand the profits from the business is quite good. I have been able to stock well in my business and it is well established at the estate of Embakasi. I get my stock from Nairobi town. Capital to expand the business is always a challenge but it I know that this loan that I will get the loan from Zidisha micro-finance will be of very great help.

Loan Proposal

It is such a honour to be funded by Zidisha organization.
I would like to use the loan that I will be granted to; Firstly, to increase the stock of the products that I sell in my retail shop. Secondly, I wish to introduce grocery in my shop and hope that this will improve and expand my customers. Thus I will be able to serve more customers and will increase my revenues.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Mar 7, 2013

Repayment status

Late

Projected term

12 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

S

SarahJoy

Peterborough, Canada

M

magmax

Vienna, Austria

Kjartan

Oslo, Norway

Zidisha

Sterling, United States

Crestwood

Hamburg, Germany

B

Bavarian

Bavaria, Germany

russell

leicester, United Kingdom

pbosakov

Sofia, Bulgaria

Sundstroms

Falun, Sweden

pentatonicscale

Niiza-shi, Japan

ads68

Melbourne, Australia

K

Kari79

Salo, Finland

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