Stock increment

Mwangi

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Mwangi

Member since

November 2018

On-time repayments

10 installments  •  100%

About Me

am Mwangi wa Kariuki, a small-scale business vendor involved in the sale of shoes, a venture that am now an year experienced in it with aim to aid my academic finance to study fitness and wellness.

My Business

my business earns about $4 - 6$ as profit per week and operates at a capital of about $15. situated along a tarmac load a highway. currently am seeking to be lent some cash to add stock to my current with a goal to aquire space as the business is fairly growing.

Loan Proposal

am planning to add more shoes..this time of large sizes as my business has be appreciated trough social media and a've received orders over the past months. this will ensure steady customer flow and result to bigger profit margin to atleast 10% or more

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$26.00

Date disbursed

Jan 28, 2019

Repayment status

On Time

Projected term

5 weeks

Lenders

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  • Mwangi    Mar 20, 2019

    with stock increment, i have been able to get a higher profit margin which has also helped in expansion of base clientele as am able to purchase variety of shoes in terms of sizes and quality. a've also been able to buy a better phone which helps in posting photos on my whatsapp status to market my products.

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  • Mwangi    Jan 26, 2019

    i repaired my bicycle the first phase which helps in transporting my goods to customers and has greatly cut the fare costs and time away from traffic jams and minor delays

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  • Mwangi    Jan 19, 2019

    hello. mpesa platform was successfully fixed and payments are done well now.
    my bicycle project is on going only few parts remaining to be purchased. once am done i will post pictures. thanks to zidisha.

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  • Mwangi    Dec 28, 2018

    hello, am having trouble paying up as the mpesa platform is unavailable for now...please advise. thank you

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