Purchase stock

Martin

South B, Kenya

100% repaid

Entrepreneur

Name

Martin

Member since

November 2017

On-time repayments

27 installments  •  30%

About Me

l am Martin Njogu born in Meru county.
l was educated from primary to university by well wishers.
life was a challenge to me and decided to start a shop business.
At first there was low returns and finally stablished.
I decided to run a wholesale shop from which provides my family with daily bread.
My shop involves selling shop goods and cereals.
In a month I earn ksh 35000 as net income and hope to earn more in future.

My Business

the business provides income from sales about ksh 48000 as gross. the net income from the business is ksh 35000.
the net worth of my business is ksh 0.25 million.
the income provide sustainance to my family need .

Loan Proposal

Since there is need to upgrade my shop to a wholesale enterprise ,thereby need of loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Jan 16, 2019

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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  • Martin    Nov 15, 2021

    Hi ! I am sincerely apologetic for failure to clear your loan in time. I was involved on road accident and was admitted in hospital. My business went down and lost almost everything . Now l am back on my toes and hence need to change my schedule so as to pay my loan. Thank you.

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  • Martin    Jun 18, 2019

    This loan will enable me purchase 10 bales of maize flour and 5 cans of cooking oil.
    This will boost my weekly profit and
    Provide income for sustaining my family.
    Thank you for your great support.

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  • Martin    Mar 17, 2019

    The loan funded by you enabled me purchase five bales of flour, 60 litres of cooking oil, groceries and three bags of sugar.
    This has improved my business in terms of getting new regular customer due to satisfaction of their needs.
    it has helped the community living around as they can obtain what they need from my wholesale shop.
    In terms of earnings, net profit has improved from sh 5000 to sh 8000 per week.
    hope this investment will bear best fruits to my family in future under you support through zidisha.


    Regards
    Martin Njogu

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