More books for my growing bookstore

Cecilia Wangui

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Cecilia Wangui

Location

Mombasa, Kenya

On-time repayments

223 weekly installments  •  78%

About Me

My name is Cecilia Wangui - born in Central Kenya and later relocated to Mombasa city. I am the first born in a family of three siblings. My parents are small scale business people back home.

I went to primary and secondary school and later joined a college where I did a certificate course in business management. However, I did not secure a job and that is when I decided to start my own business selling wall hangings.

I am married with 2 kids. My husband is also a small scale business man who hawks hardware materials. I am a woman full of desire to succeed and I believe in hard work and being focused in life.

My Business

I started my second hand clothes business eight years ago. Later on, I decided to branch off to selling educational posters and school text books. This has proved to be a wise decision and I have since discarded selling of wall hangings to devote my energy and resources into this new venture.

My take home from this business currently ranges from USD 280 - USD 350 but I am hoping to improve on this figure once I boost my stock with credit from Zidisha. Ultimately, I would like to expand and supply on wholesale basis where customers will have a variety of products.

Loan Proposal

What started as an open air bookshop is has now grown to a serious business. This is after years of hard work and of course credit support from Zidisha. I am now selling books ranging from pre-primary to college books.

This in turn requires some heavy capital investment and I want to use this loan to stock more books for sale and remain ahead of competition. The text books move very fast and I am sure I am going to make good business out of the new stock that I am going to acquire after getting this loan.

Feedback

5

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$684.01

Date disbursed

Jun 11, 2016

Repayment status

On Time

Projected term

16 months

Cost to entrepreneur

Service fee: $34.21

Cecilia opted to pay $150.62 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Kylie

Mount Martha, Australia

MakeSense

-, St. Kitts and Nevis

Cloudways

Malta, Malta

C

Caalve

Bratislava, Slovakia

Z

zangalan

Maryland, United States

B

beckynagel

United States

mhooper1962

London, United Kingdom

trincowski

Vilar, Vila do Conde, Portugal

SuperMario28

Cudahy, United States

M

mbarbier

United States

Alberto Cereser

Copenhagen, Denmark

Fred

Germany

AT

avni trivedi

United Kingdom

V

Vivek

Arlington, VA, United States

Marcus

Germany

MR

Michiel Rauws

San Francisco, Netherlands

AW

Adam Wright

United States

Kyle Holohan

United States

M

Marzl

Germany

KN

Ken Nielsen

United States

IH

Isaac Hileman

United States

Thomas

Sweden, Sweden

roark22

Geneva, Switzerland

Myria

New Mexico, United States

TO

Thomas O'Neil

United States

Ed

Howells, United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

MG

Morten Gade

Copenhagen, Romania

Ellen

Michigan, United States

A

Anonymous

United States

A

Anonymous

United States

Bo Rosén

Eslöv, Sweden

A

Anonymous

United States

M

Marco

Napoli (Italy), Germany

Ask Cecilia a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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