Adding phone credit inventory and computer services to retail business

Judy Mburu

Nairobi Utawala/githunguri, Kenya

100% repaid

Entrepreneur

Name

Judy Mburu

Location

On-time repayments

318 weekly installments  •  56%

About Me

My name are Judy Waruguru Mburu. I am a permanent resident of Utawala -ruai, Iam married to Mathew Kamau and we are blessed with two children. I finished my o level in 2004. In the year 2005 i joined EPZ as a clerk. I worked there upto the year 2009 when we were retrenched by the management. I decided to venture into business of selling new and second hand clothes. Later as the business grew i stocked rubber shoes and slippers. The earning that i get i plough it back to the business and the rest is used to support the daily expenses of a house hold

My name are Judy Waruguru Mburu. I am a permanent resident of Utawala -ruai, Iam married to Mathew Kamau and we are blessed with two children. I finished my o level in 2004. In the year 2005 i joined EPZ as a clerk. I worked there upto the year 2009 when we were retrenched by the management. I decided to venture into business of selling new and second hand clothes. Later as the business grew i stocked rubber shoes and slippers. The earning that i get i plough it back to the business and the rest is used to support the daily expenses of a house hold

My Business

My business deals with the new clothes, second hand clothes, rubber shoes and slippers. There is demand for this goods especially the second hand clothes due to the government regulation of the cotton industry. The demand is also due to the competitive price i sell them to the customers. Customers prefers my business because of the ideal location of the business. They prefer my business because of the polite and courteous way i interact with them. The business is profitable because am able to add stocks and i can see it grow each and every month. The risk that i face is that to theft and bulgary though we have joined with my neighbours and we have managed to employ two watchmen who keep watch at night.
My monthly cost of sales isKsh 70,000.00
Monthly revenue Ksh 100,000.00
Transport cost and other expenses Ksh 8000.000
Rent Ksh 2000.00
Electricity bills Ksh 500.00
Total expenses ksh 10500.00
My montly net profit Ksh 19,500.00

Loan Proposal

When I get the loan, am planning to expand my business further. This will be done by adding stock and also adding floats to my Mpesa services. Am also planning to add , Equity agents, Co-operative agents and KCB mtaani agents to my business so that i can maximize profit.
If the money will be enough, am planning also to introduce computer services where i will be doing printing and photocopying services.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,886.03

Date disbursed

Feb 9, 2015

Repayment status

On Time

Projected term

24 months

Cost to entrepreneur

Lender interest: $1,886.03 at 5.44% annual rate over 24 months = $206.89

Service fee: $190.17

Lenders

A

agwong

California, United States

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Tmann

Los Angeles, United States

JB

James Broderick

Cobham, United Kingdom

C

CWS

Huntington beach, ca, United States

M

marvin24

Giessen, Germany

S

Snick

Halle, Germany

H

Hilke

Bremen, Germany

R

Raabo

Rungsted, Denmark

Irvin

Vancouver, Canada

investor

Candiac, Canada

J

johan

Oslo, Norway

M

MiguelGago

Guimarães, Portugal

torelizer

Reggio Emilia, Italy

C

chkuo

Taipei, Taiwan

mbunifu

San Jose, United States

P

Philippe

Adliswil, Switzerland

BelleStarr

Albuquerque, United States

S

SeeBiscuit

Reston, United States

snapcore

--, United States

E

Ehaffey

Washington D.C., United States

L

lmuenchen

Munich, Germany

rwwilson75

mishawaka, United States

DeanDropshot

Oslo, Norway

I

ideerge

Mountain View, United States

J

Jdoyle

Kitchener, Canada

K

Koduck

Southampton, United Kingdom

J

jozua

Delft, Netherlands

K

Kerkeslager

Richmond, United States

A

argentpepper

Boston, United States

F

faical

Cologne, Germany

N

noah695

Salt Lake City, United States

H

Hynek

Brussels, Belgium

J

jjcharlie

chicago, United States

R

rcmssr

Woodbury, United States

T

troberson

Lake Stevens, WA, United States

G

giaco

madrid, Spain

A

Aloha

Cologne, Germany

yeahboi78

Alexandria,LA, United States

Zidisha

Sterling, United States

G

guenter

Bremen, Germany

M

mogensh

København V, Denmark

J

Jessica

Patagonia, Argentina

BJ

Brandon Joz

North Carolina, United States

Jeff and Marcie

Portland, OR, United States

B

blahblah

Nuernberg, Germany

RockinRobin

Centennial CO, United States

MichaelR

Los Angeles, United States

C

CheesemanDan

Shanghai, China

A

Alicee

Munich, Germany

B

briansedz

Canton, Ohio, United States

P

proby24

Singapore, Singapore

beverly

Vancouver, Canada

Dan Haynes

Bozeman, United States

phytoplankton

United States

J

jjonas

berlin, Germany

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tmsaddress

Orlando, Florida, United States

AlexPalavas

Palavas les Flots, France

airvillepa

Airville, Pennsylvania, United States

B

Becks

Dubai, United Arab Emirates

T

tonilends

catalonia is not:, Spain

B

blairan

Baltimore, United States

C

cyrilleberger

Gammalkil, Sweden

pbosakov

Sofia, Bulgaria

T

Talex

Nürnberg, Germany

Boysenfam

Boulder, United States

DLarson

Morris, United States

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RichardH

Manchester, United Kingdom

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duckdork

De Forest, United States

Cloudways

Malta, Malta

S

Sabine

Courtenay, Canada

S

samuk

Nottingham, United Kingdom

D

davide

Vallentuna, Sweden

Jouni

Finland

FirmlyRooted

Richmond, Virginia, United States

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nanax005

SALEM, United States

S

SvenWaage

Stavanger, Norway

L

loistf

Madrid, Spain

J

jwharding

Hamburg, Germany

ads68

Melbourne, Australia

D

Dettmann1

Atlanta, United States

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silsley

Cheltenham, United Kingdom

U

UmSaeed

Southfield, United States

D

Dave22202

Arlington VA, United States

A

Aaron

Zurich, Switzerland

F

FuzzyHat

London, Canada

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pignolet

zurich, Switzerland

OlyRhys

Olympia, United States

E

eboleaga

Mexico City, Mexico

P

Peksa

Espoo, Finland

E

erogers

Vancouver, Canada

J

jerryq

Redding, United States

T

Tui1974

nuenen, Netherlands

HMS_5th_Grade

Honolulu, United States

Ric

San Joaquin, Philippines

A

Andy

Berlin, United States

A

Arnfinn

Aasgardstrand, Norway

B

bek88

Fairview, United States

M

memorissima

milano, Italy

fairspirit

Utrecht, Netherlands

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netsirkd

Highland, United States

bigleaf

Nashville, United States

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solarkismet

Logan, United States

Cricketca

San Jose, United States

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nba1999

Beijing, China

A

acolomitchi

Eynesbury, Australia

A

amish

San Francisco, United States

L

Ldeschae

Gent, Belgium

M

maxep06

Fairfax, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

U

UTLonghorn

Lincoln, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

neocodesoftware

vancouver, Canada

M

marcmesich

Kaohsiung, Taiwan

W

WenShiDi

mobile, China

sbyun

Toronto, Canada

H

Harmony

Cleveland, United States

paulclinton

malaga, Spain

Padrino

Kilkenny, Ireland

S

saraef

Nottingham, United Kingdom

A

AndrewC

London, United Kingdom

I

idakaren

bonlez, Belgium

3

381inc

Beverly HIlls, United States

P

Paleomagick

Eldred, United States

Rena121

Sydney, Australia

DainS

Peregian Beach, Australia

S

smetis

Kananaskis, Canada

S

Sreval

Manly, Australia

FriendinOregon

Hillsboro, Oregon, United States

KeenanT

Turner, OR, United States

A

Anonymous

United States

C

Clivoss

Sarajevo, Yugoslavia

Sappetta

Bolzano, Italy

P

Pavane

Kungsbacka, Sweden

L

lewisfamily

Bicester, United Kingdom

B

bakedpotato

Middletown, United States

W

wilma95

napa, United States

V

VegaMansk

Woerden, Netherlands

C

cjvjsv

El Paso, TX, United States

D

danibm

Mannheim, Germany

E

Ekevu

Zürich, Switzerland

whiteboyinasia

Batu Ferringhi, Penang, Malaysia

N

NickLuder

London, United Kingdom

A

Alaska

Roscommon, United States

O

Ohio

Ohio, United States

I

inips

Oslo, Norway

W

WidoStar

Bad Karlshafen, Germany

T

ThereIsNoGod

Singapore, Singapore

soniad

Dubai, United Arab Emirates

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serenity

Amman, Jordan

P

Pillango

Frankfurt, Germany

A

alettore

Schleinikon, Switzerland

D

Dietrich

Pittsburgh, United States

M

Mikel

Buchs, Switzerland

E

eniid

Stockholm, Sweden

A

andprosper

World Peace, United States

G

GCAsmus

Minneapolis, United States

M

mjohnson

Austin, United States

Mrdressup

Brisbane, Australia

N

nglogic

Warszawa, Poland

90803

Long Beach, United States

dmirpuri

Bangkok, Thailand

Svetlana3k

Harvard, United States

A

AtomMan123

Fletcher, NC, United States

somuchjackson

Boston, United States

R

raisage

Cote Saint-Luc, Canada

A

Andrea

Berlin, Germany

R

rosebo

Bend, United States

G

Gdrvasc

Frederick, United States

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happytrailsjpd

South Bend, United States

E

elourenco

Porto, Portugal

Evan Lamos

Brussels, Belgium

Déméter&Kotler

Paris, France

JinxGirl

Winnipeg, Canada

A

akshu71

Ottawa, Canada

R

RohitSingh

Montreal, Canada

TomF925

www.AfricaLeap.com, United States

Garry Tan

San Francisco, California, United States

K

kelsiek

United States

L

liseman

United States

sderickson

Berkeley, CA, United States

E

elhh82

Petaling Jaya, Malaysia

E

EjLehar

Galesburg, United States

pvilliger

Zurich, Switzerland

I

ibd267

Ambler, United States

Matching Fund

Sterling, United States

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osubucks45

United States

Jonas

Brussels, Belgium

G

geoff

United States

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benlenarts

Netherlands

A

adiipienaar

South Africa

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

F

FSO

Canada

J

jenda

Czech Republic

L

Lender59

United States

K

Karpet

Faroe Islands

R

RosieWatrs

United States

K

Kimbo

Vietnam

trincowski

Vilar, Vila do Conde, Portugal

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gsh589

United Kingdom

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CraigInCo

United States

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

L

luckiestmonkey

United States

AndrewNeu

Ho Chi Minh, Vietnam

J

JonAlec

United States

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samanthaellen

United States

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Desteli

United States

D

dk1234

Netherlands

F

factotums

United States

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tehmle

United States

Grant Xavier Storer

Seattle, Wa, United States

Hoops

United States

K

kalalouann

United States

Bryan

Houston, United States

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snowtigeress

United States

S

satheajay

United States

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Bennphoto

United Kingdom

SV

sven vdk

Twickenham, United Kingdom

adrianz

United States

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BigRosie

United States

F

Foster

United Kingdom

J

johnrmeier

United States

B

brothasmith

United States

C

ChanukahG

United States

Benjamin Charlton

Dubai, United Arab Emirates

TF

Timothy Fitz

United States

RJ

Ryan J Cotton

United States

KM

Kirsty M

United Kingdom

Shen Ge

Houston, United States

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CSM

Berlin, Germany

D

Doug

Baltimore, United States

P

PC

United States

MG

Michelle Gard

United States

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New York, United States

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mmartin

United States

Robert

Sweden

M

Mathias

Cologne, Germany, United States

Cathy

Melbourne, Australia

MW

Matt Willis

United States

Jeffrey Braun

United States

M

Maggie

Australia

Humble Bundle Community

San Francisco, United States

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