Stock for mitumba sales

Nancy Lubanga

Kawangware, Kenya

100% repaid

Entrepreneur

Name

Nancy Lubanga

Member since

January 2015

On-time repayments

138 installments  •  36%

About Me

My names are Nancy Namai Lubanga,30 years old from a family of 6 children,2boys and 4girls. I went shirakalu primary and later joinend butere girls secondary school. I sat fot my KCSE examination in the year 2003 and managed to obtain a mean grade of C-minus.due to financial hardships since I come from a family of a poor background I decided to open a kiosk where I used sell sugar and tea leaves in very small quantities.

My Business

I met my friend in the year 2011 who lend me with ksh.5000 and I decided to switch my business to mitumba sales .the demand of mitumba cloths are high because most people prefer second hand clothes.I managed to repay the money I had borrowed and to date my stock is at ksh.8000.if I will get your loan I will add more stock to my business and I will use the profit to pay for my brother's school needs.

Loan Proposal

I kindly request zidisha to help me so that I may be able to purchase the above mentioned.The reason as to why I need Zidisha to fund me in order to purchase the stock is that the demand for mitumba clothes is very high where I stay but I am not currently in a position to meet the cash required.I will use the money to purchase the stock both for children and adults so that I may be able to meet the demand .I will really appreciate if my request shall be put into consideration.Thanks in advance and may God bless you in abundance as I await to hear from you soon.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.16

Date disbursed

Jan 27, 2015

Repayment status

On Time

Projected term

13 months

Cost to entrepreneur

Lender interest: $100.16 at 0.85% annual rate over 13 months = $0.96

Service fee: $4.19

Other loans

Lenders

HansLindgren

Uppsala, Sweden

reluck

Marseille, France, France

M

Markus

Hamburg, Germany

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