Entrepreneur
Name
Munga
Member since
May 2015
On-time repayments
27 installments • 70%
About Me
My name is Ibrahim Munga Nyawa. I am married to Neno Luvuno and we are blessed with four children, three girls and one boy namely:- Juliana, Monica, Irene and Aristotles. My wife operates a vegetable grocery while I am working with and a Regional Development Agency as a horticulturist in Mombasa. I also work as a Pastor with Pentecostal Evangelical Fellowship of Africa (PEFA) Ministry at a place called Dzombo which is 3 kms from my homestead. My daughters - Juliana and Monica who are in Std 4 and 2 respectively would like to become Doctors when they grow up while Irene would like to become a teacher.
My Business
My business is on transportation. I own 3 bodabodas (motorcycles) with two operating at Mwanguda and one in Malindi. I chose this kind of business because there is a big demand for bodabodas in those areas and a guaranteed daily income. The motorcycles are run by young men on daily basis with each of them bringing $4.4 per day which is equivalent to Kshs.400/=. For the three motorcyles, I get a total amount of $80 equivalent to Kshs.7,200/= per week. The money is collected on weekly basis (Sundays). Sundays is a resting day and also for minor services. The profits I get from this business are spent on purchase of fuel for commercial purposes and also expanding the vegetable grocery for my wife.
Thank you Zidisha for giving me this opportunity to be a member. God bless the Zidisha team and the lenders.
Loan Proposal
I wish to expand my petrol business from the current 450 litres to 600litres a day, also I wish to stock engine oil to the scale of 10 jericans a day which normal goes together with the petrol. With your assistance I will also be able to stock other motor bike accessories such as tyres and tubes. These will put the business at the apex of the customers preference hence generating good returns.
I will also stock my wife grocery with adequate stock so as to enable us get a daily income of ksh 900 which is our main target.
Thank you and God bless you so much as you assist me in realising my dream.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$191.00
Date disbursed
Sep 18, 2015
Repayment status
Late
Projected term
3 months
Other loans
Lenders
United States
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