Felix

Mtwapa, Kenya

13% repaid

Entrepreneur

Name

Felix

Member since

January 2013

On-time repayments

15 installments  •  0%

About Me

am married and i live with my family here in mtwapa mombasa kenya mikanjuni. i have two children all are boys. the first born he is called Austin ngala and he is three years of age. and the second one he is called Augustin muvuga and he is nine years old.my education background is form four level education of Kenya.i started a business because i wanted to get more money so that i can be able to sustain my living for me and for my family. with my earning from my business i do set a side some money to buy food for my family. and also pay school fees for my first born who is KG1. and the rest i buy materials to improve my business. so that i can get more clients through this.my business is painting and sign writer. and this business is good here since mtwapa it as been a growing city there is so many houses which are being building every day and through this it has made this business to be very good for me as am getting so may contract within and outside mtwapa and because i do make my on nicely this has also made me getting more clients.

My Business

my business is a sign writer and painting. am a best sign writer here in mtwapa. and its invorons. my services that i give to the clients is painting of houses writing of sign board and posters as well as company logos. the demand of this goods is very high because in mtwapa it has been one of the fastest growing towns in Kenya so there is so many buildings which are being builded by the different people here. so due of this this business is very high here.my customers prefer my business because i give best and better services to the clients and due of my good work i do get more clients every day and customers are coming to me every day and get more callings.the risks of this business is on and during when i do bad work for the clients then i find that am loosing clients.and when i do a good job to my clients then i get more clients so this one of the risks that i get but this risks can be controlled.this business is profitable because i just do this business in terms of contract and before signing the contract i must agree and sign a contract that am sure there am getting enough money as my profit out of it.my monthly ruuning cost is kenya shillings 25,000. and my sales revenues is kenya shillings 65,000 so my monthly profit is kenya shillings 40,000. so is good enough to able me repay this loan that am applying to zidisha. and then i get this loan i will use this loan to add my or buy more materials so that i can make my work convinced.

Loan Proposal

thank you very much for approving my loan. now since am an artist here in mtwapa. am going to use this loan to buy the valuable items such Epson machine and one printer also i will buy colors and other things which they are playing a major role in my job so that by the time i get tender my job will be be just doing it and use the materials that i will have them ready for that job. this will ensure me by getting more clients and earn more income which will help me improve my business and my future living.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Feb 12, 2013

Repayment status

Late

Projected term

16 months

Lenders

AWOL

USA, United States

E

Errol

Bradenton, FL, United States

Kjartan

Oslo, Norway

S

SMRosen

Hershey, United States

beverly

Vancouver, Canada

B

Bavarian

Bavaria, Germany

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

pentatonicscale

Niiza-shi, Japan

D

DThirteen

Miami, United States

B

bitofrits

New York City, United States

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