Thank you zidisha microfinance for the loan approval.for this loan i will add more stock and more new variety of goods t...

Patrick Wambua

Endarasha, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Patrick Wambua

Member since

January 2014

On-time repayments

273 installments • 1%

About Me

My name is Patrick Wambua Paul.I am a male,Kenyan citizen.I was born in the year 1977 at Machakos County,Kenya.Iam the second born in a family of five children.I am a God fearing and also I worship at Sacred Heart Catholic Church,Endarasha under Bishop Lazarus Chesire.
I am a father of two children and a husband to Monicah Muende Wambua.My first born is in class seven at Upper hill Primary School,while the last born is in Kindergarten middle class. I’am a hardworking father and also a responsible businessman.

My Business

I operate a Shop here in Endarasha town.I started this business in the year 2004.My shop is recognized by the Endarasha County Council and also licensed too.I chose to operate a shop due to the big crowd of people who usually come from urban towns.The customers I attend mostly are from the local hotels and the surrounding neighborhood.They always come for my services due to the good business communications and fair prices compared to my other competitors within. My customers sometimes come for the services and pay later . That is why I have gained more new customers in the results of good customer relations.
For the last month sales are as follows:Total sales revenue= Ksh.87,210
Restocking goods=Ksh.56,950
Rent=Ksh.3,500
Business licence=Ksh.5,400
Water & Electricty=Ksh.600
Home expenses= Ksh.9,500

Total net profit Ksh.11,260
Through the zidisha funds/loan I will be able to restock more varieties of goods and making more sales and profits.It is my plea that you will consider my business and fund it thank you.

Loan Proposal

Thank you zidisha Micro finance for your consideration towards funding my business.Through the zidisha funds/loan I will be able to restock more varieties of goods and making more sales and profits.I promise to abide by the zidisha rules and regulations and to be on time on weekly payments comes.Thank you all and welcome for bidding.