Loan to expand my business

Mongiri

Bobaracho, Kenya

100% repaid

Entrepreneur

Name

Mongiri

Member since

January 2016

On-time repayments

21 installments  •  29%

About Me

I grew up in rural kenya, where i did my primary and secondary schooling. After completing my secondary education i enrolled for basic computer skilled course which i did for five months in a local computer school. It was at this time that i used to help my mother in selling groceries in a local market near home.
I am married with two kids, and i live with my husband in a small surburb in Nairobi.
I am a God fearing person, and i am a hard working person.
I take every opportunity that i can seize to assist my husband in raising our kids.
I am equally involved in a a community based organization that sensitizes people on how small business can change lives.

My Business

Located on the white sand beach of Malindi, Kenya is Villa Fortuna a 4-bedroom villa with an outdoor pool. Free Wi-Fi is available in the whole house.

The villa is fully furnished - the living room fitted with armchairs, a flat-screen TV, and coffee tables making it the perfect choice for a family vacation. At the balcony, you can have meals on the dining table as well as relax on the vintage sofas. The spacious rooms are well-ventilated with a wonderful view of the garden; each having a wardrobe, mosquito nets, and an en-suite bathroom.

Loan Proposal

The structure i use is currently temporary. so i desire to construct a structure that is permanent so that i can stop carry my groceries to the house every evening when i close my business.
Purchase of iron sheets-80 dollar
Purchase of timber-50 dollar
Nails and other materials-20 dollars
Labour-20 dollars

Thaks for the support

Feedback

1

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 30, 2016

Repayment status

On Time

Projected term

6 weeks

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Ask Mongiri 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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  • Mongiri    May 7, 2016

    Please forgive me for not having paid my loan. I had to Pay fees of my children but i will start as from next week

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    • Roy    May 7, 2016

      Hello Mongiri, We understand that sometimes you can not transfer a large amount as repayment...However, we believe it is better to make regular small payments....This is why we encourage you to reschedule your payments for one that suits you.

      Good luck.

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  • Mongiri    Apr 11, 2016

    Thanks so much for supporting my proposal. Just as i said i will use to Buy a small freezer for storing fish.
    the fish Business will increase my profits. I will be able to Pay my fee comftably and support my other grocer business

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  • Mongiri    Apr 4, 2016

    Thanks for those that are still funding my project

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  • Mongiri    Mar 31, 2016

    I sincerly thanks the lenders who supported me, i was able to renovate my shed from where i sell my grocery.
    This has enabled me expand my business, i did even put a bench where my customers sit as they wait to be served.
    This has increased my sell so not so much but i see some difference.
    Thanks you for believing in me

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  • Mongiri    Feb 18, 2016

    The tomatoes that i sale in my stall

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  • Mongiri    Feb 17, 2016

    I managed to buy some iron sheets and i did expand my shed. Its a mango season in kenya and am selling alot . Business is generaly doing ok for me. Thank you zidisja

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  • Mongiri    Feb 12, 2016

    Kindly be patient with me...i will pay next week.
    Thanks for understanding

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  • Mongiri    Jan 31, 2016

    Thank you dear lenders. I want to inform you that i received my loan of 6052.
    This will help me boost my business

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  • Mongiri    Jan 29, 2016

    Myself At work

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  • Mongiri    Jan 26, 2016

    Hope the proposal will be funded.
    Thanks

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