Entrepreneur
Name
Mary
Member since
January 2013
On-time repayments
11 installments • 18%
About Me
My names are Mary Wanjiku Kimani. I am a resident of Kiptangwanyi shopping center, a distance of forty five kilometers from Nakuru town which is our major town. I am a married and living with my husband and two children. Our kids are in school. Two of them are in secondary school and the other one is in Primary school. I am working hard to ensure that my children are educated. The lifestyles are now changing and the society growing at a faster rate than the education meets. It is therefore this growth that has made me to see the need to give my children the best and quality education.I live in plot number 199. This is a piece of land that I bought from the business that I operate at the shopping center. My business entails the services of gas refilling. There is no other business in this area that offer this services and thus I enjoy the good market that there is in this area. I intend to do better with this loan that I will get from Zidisha organization. The loan will boost the business and hope that it will improve it for the better.
My Business
My business at the shopping center entails the services of gas refilling. I started this business in the year 2007 after the electrification of Kiptangwanyi. This is a business that requires electricity and it was difficult to start this kind of business when the area was not electrified. It is this opportunity that prompted me to start the business. I had operated this business in Gilgil town but it was not that good especially with the world fluctuation of fuel prices that was affecting the business. In Gilgil the cost of operating the gas pump was also very high and this minimized the profits. The main challenges that this business encounter is frequent power outages and world fluctuation prices of crude oil products. The year 2009 was very bad for the business and this threatened the positive progress of the business. This was associated with the drought and also the economy of the country was not that very good for the business. The future for the business is promising with stability in the economy of the country.
Loan Proposal
Thank you all lenders and Zidisha organization.
I would like to use the loan to do the following. Firstly, I would like to purchase a new gas pump. This will replace the one I am using as it is old. Secondly, I would also like to open another outlet within the shopping and utilize all the available opportunities in the shopping center. This will enable me to serve many customers and will enable me to serve my customers well.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Jan 24, 2013
Repayment status
Late
Projected term
12 months
Lenders
Luxembourg, Luxembourg
Osaka, Japan
Seattle, United States
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