Mary

Githurai Progressive, Kenya

35% repaid

Entrepreneur

Name

Mary

Member since

June 2013

On-time repayments

11 installments  •  9%

About Me

I am a young single mother residing in Githurai - Progressive blessed with two children who are in Githurai Kimbo Primary school.

I have successfully completed my secondary education and post secondary in sales and marketing. After completing the post secondary education, I secured employment as marketing officer whereby I assisted my company to make huge sales.

I am now operating my own business which is based in Githurai and it involves selling household goods to the local people.

The proceeds from my business is used for my upkeep and expanding the business for the purpose of the future of my children.

My Business

My business is based at Githurai and it involves buying and selling various household goods like plates, cups, spoons, sufuria, washing basin, table mats and many other things. My clients are residents of Githurai.

There is stiff competition from other business people selling similar products but due to the sales and marketing skills I use effectively to talk to clients hence they purchase my products. I also have less stock thus sometimes I loss clients because I don't have what they require but with your help through Zidisha loan then I will be in position to stock most of the commonly demanded products.

My business has been in operation for more than two years and it's progressively growing hence my average monthly sales is Kshs 45 000 and the average Expenses is Kshs 20 000 hence the monthly average profit is Kshs 25 000.

Loan Proposal

My business has been in operation for more than two years and it involves selling household goods to local people. I have limited stock despite high demand from my clients, I have utilized my sales and marketing skills and managed to secure some orders from new clients who are institutions like schools, churches and small fast food businesses. Am suppose to deliver various products to my new clients before the end of September 2013 thus with the Zidisha Loan, I will be in position to purchase plastic plates worth Kshs 2000, cooking sufuria worth Kshs 3000, spoons & folks worth Kshs 1500, drinking glasses worth Kshs 2000.

When I successfully secure this loan before the end of September 2013, then I will purchase household goods then deliver to my clients and I expect to have my payment by mid October 2013 then I will start to repay early my loan to avoid last minute disappointment.

I hereby request you to consider contributing towards my loan and I will be in position to meet the deadline of supplying the required household products to my new clients.

Thanks for supporting my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Sep 25, 2013

Repayment status

Late

Projected term

11 months

Lenders

S

share

Whitby, Canada

MillerClark

London, United Kingdom

B

bonnieinbremen

Bremen, Germany

John Barnett

United States

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