Magdalene
Nairobi, Kenya
100% repaid
Name
Magdalene
Member since
February 2015
On-time repayments
37 installments • 51%
Am magdalene Njeri aged 26 years currently living in Nairobi kahawa wendani area.After completing my teaching course it was hard to find employment so i thought of starting my own business.i started my shop 18months ago and i can say it has been going well as it has been paying my bills.I however have plans to make it a big business,provide employment to others and ensure my financial freedom.
My business is located at Kahawa Wendani area about 300metres from Thika super highway.It neighbours betty's lounge and opposite graphiq africa.The area is a very serene business environment as there are very many residential houses around.
It is a shop where i sell household goods e.g rice,flour,sugar and many more.i earn between 120-150 dollars per month where i use the money to pay for house rent and pay other small bills.
Hopefully when i get the loan i will use the money to buy goods and add to my existing stock.Am also planning on introducing smaller packaging of items to make them more affordable to everyone.
Over the time i have managed to build a good customer base due to quality affordable goods and good customer relations therefore a higher demand of goods than i can supply, so intend on taking advantage of that and increase my stock which will lead to more income.
With this profits i will first repay my zidisha loan and then focus on expanding my business.i am hopefull and will greatly appreciate if i am funded
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 21, 2015
Repayment status
On Time
Projected term
11 months
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