Loan to increase stock and diversify on products
Philomena
Ongata Rongai, Kenya
100% repaid
Entrepreneur
Name
Philomena
Member since
January 2014
On-time repayments
272 installments • 23%
About Me
I am a 36 year old lady.Mother of 2 children .I am married .I am an accountant by profession and am currently employed at an insurance brokerage firm.Am also doing business as a side hustle to increase my income.
I come from rural parts of Kenya but currently residing at the city of Nairobi.I have a passion to grow to an independent woman.I want to provide the best for my family especially for my children.I want them to have the best education i can offer and thus willing to work even harder.
I am born again christian and and a member of PEFA Church Donholm
My Business
Am a full time employee at Primeken insurance brokers as an Accountant.I am also into Airbnb business. I currently have 2 units. 1 has been operational since Aug 2020 giving an monthly profit of $300 and the other unit has been operational since January 2023 giving a monthly profit of $ 500. This 2 units are in different areas and thus attracting different clientele. It is for this reason that i want to shift the less profitable unit to the 2nd area where the profit margin is bit higher. I need funding to upgrade some house items as well as transport and rent for new apartment in-order to meet the market demand in the new area.
Loan Proposal
Am grateful for all zidisha lenders for the far you have enabled me to reach with your contributions.This is my 3rd loan which i believe i will pay back in full just as the first 2 loans.
I want to use this loan to diversify my business and venture into men clothing.I have been dealing with ladies wear only which is doing fine.I want to take advantage of this christmas season where demand for clothes goes quiet high.
I intend to buy the men clothing i.e shirts and t shirts from our neighboring country Uganda where they are abit cheaper and of quality.
I appeal to all lenders to contribute for me and i shall not fail you in repayment.Thanks for making my dream of becoming an indepent woman come true and may God bless you all.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$185.00
Date disbursed
Dec 9, 2014
Repayment status
On Time
Projected term
18 months
Other loans
Lenders
Maputo, United States
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