Name
Joyce
Member since
June 2014
On-time repayments
210 installments • 61%
My name is Joyce Wangui Murigu and I come from Nyeri county, central Kenya, but I am currently doing business in Mombasa County. I was born in a family of 6 where I am the third born. I am 32 years old and a single mother of one daughter, aged 6 years. I went to primary school and later to secondary school where I did my KCSE in 2003. I deal with mobile phone accessories where I operate a store in Mombasa town.
I am a hardworking person and I have worked my way up to where I am now. My aim is to provide for my young daughter and my aging parents back home. I intend to expand my business into a bigger store and hopefully start selling mobile phones as well.
I deal with mobile phone accessories, and my products range from phone skins and earphones to batteries and chargers. These products are in high demand in Mombasa, especially with the youth. I normally source these items from the capital city Nairobi, where I buy on wholesale and then I retail them. My ultimate goal is to make a trip outside the county when the business grows and get them from the source market.
I normally make about $350.00 after all expenses are paid. I have employed one worker who runs errands for me and serves as an attendant when we are very busy. I have always wanted to expand my business, but lack of credit has been a hindrance to my plans. By joining Zidisha, I hope to get the much-needed credit for my business expansion.
My first loan with Zidisha resulted into exponential growth of my business. This amount has had a very interesting multiplier effect and I have seen a serious growth in my business and I am now feeling confident enough to venture into something new.
My next project is to venture into lucrative mobile phone business where I am almost assured of good returns. I want to buy low end phones as my entry point to this business. My business is located in area where people are economically depressed and this low end phones will be an instant hit. With your help, I am sure to get my fair share of this market pie.
If given this loan I will be able to buy 2 dozen phones and sell them at a tidy profit. A projection of this profit will enable me pay this loan comfortably.
My name is Joyce Wangui Murigu and I come from Nyeri county, central Kenya but currently doing business in Mombasa County. I was born in a family of 6 where I am the third born. I am 32 years old and a single mother of one daughter aged 6 years. I went to primary school and later to secondary school where I did my KCSE in 2003. I deal with mobile phone accessories where I operate a store in Mombasa town.
I am a hardworking person and I have worked my way up to where I am now. My aim is to provide for my young daughter and my aging parents back home. I intend to expand my business into a bigger store and hopefully start selling mobile phones as well.
I deal with mobile phone accessories and my products range from phone skins, earphones, batteries and chargers. These products are in high demand in Mombasa especially with the youth. I normally source these items from the capital city Nairobi where I buy on wholesale and then I retail them. My ultimate goal is to make a trip outside the county when the business grows and get them from the source market.
I normally make about $350.00 after all expenses are paid. I have employed one worker who runs errands for me at serves as an attendant when we are very busy. I have always wanted to expand my business but lack of credit has been a hindrance to my plans. By joining Zidisha, I hope to get the much needed credit for my business expansion.
My first loan with Zidisha resulted into exponential growth of my business. This amount has had a very interesting multiplier effect and I have seen a serious growth in my business and I am now feeling confident enough to venture into something new.
My next project is to venture into lucrative mobile phone business where I am almost assured of good returns. I want to buy low end phones as my entry point to this business. My business is located in area where people are economically depressed and this low end phones will be an instant hit. With your help, I am sure to get my fair share of this market pie.
If given this loan I will be able to buy 2 dozen phones and sell them at a tidy profit. A projection of this profit will enable me pay this loan comfortably.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$295.00
Date disbursed
Nov 10, 2014
Repayment status
On Time
Projected term
5 months
Other loans
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Amount repaid
$313.67
Amount remaining
$0.00
Date repaid
Mar 19, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 23, 2014 | $16.22 | Nov 22, 2014 | $16.22 |
Nov 30, 2014 | $0.49 | Nov 22, 2014 | $0.49 |
Dec 7, 2014 | $11.36 | Dec 7, 2014 | $11.36 |
Dec 14, 2014 | $11.36 | Dec 14, 2014 | $11.36 |
Dec 21, 2014 | $11.36 | Dec 20, 2014 | $11.36 |
Dec 28, 2014 | $11.36 | Dec 28, 2014 | $11.36 |
Jan 4, 2015 | $11.36 | Jan 5, 2015 | $11.36 |
Jan 11, 2015 | $11.36 | Jan 10, 2015 | $11.36 |
Jan 18, 2015 | $11.36 | Jan 17, 2015 | $11.36 |
Jan 25, 2015 | $11.36 | Jan 24, 2015 | $11.36 |
Feb 1, 2015 | $11.36 | Feb 1, 2015 | $11.36 |
Feb 8, 2015 | $11.36 | Feb 8, 2015 | $11.36 |
Feb 15, 2015 | $11.36 | Feb 15, 2015 | $11.36 |
Feb 22, 2015 | $11.36 | Feb 22, 2015 | $11.36 |
Mar 1, 2015 | $11.36 | Feb 22, 2015 | $11.36 |
Mar 8, 2015 | $11.36 | Feb 22, 2015 | $5.68 |
Mar 1, 2015 | $5.68 | ||
Mar 15, 2015 | $11.36 | Mar 1, 2015 | $11.36 |
Mar 22, 2015 | $11.36 | Mar 1, 2015 | $11.36 |
Mar 29, 2015 | $11.36 | Mar 8, 2015 | $11.36 |
Apr 5, 2015 | $11.36 | Mar 8, 2015 | $6.82 |
Mar 15, 2015 | $4.55 | ||
Apr 12, 2015 | $11.36 | Mar 15, 2015 | $11.36 |
Apr 19, 2015 | $11.36 | Mar 15, 2015 | $11.36 |
Apr 26, 2015 | $11.36 | Mar 15, 2015 | $11.36 |
May 3, 2015 | $1.14 | Mar 15, 2015 | $1.14 |
May 10, 2015 | $57.19 | Mar 17, 2015 | $46.02 |
Mar 19, 2015 | $11.17 |
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