Stephen

Malindi, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

0

days left

Entrepreneur

Name

Stephen

Member since

April 2013

On-time repayments

12 installments  •  0%

About Me

my names are stephen mwandoro katana a resident here at malindi majengo mapya. am married and i live with my wife up today. am blessed to be called a father and a parent of three children the first born is a boy and he is called kazungu. the second being a girl and he is called Luna the third being called kache. they are all in school here at malindi primary school.am a hard working business man here at malindi having been doing this business for the last four years now and this business had been very successfully to me. my education background is class eight of kenya primary school.

My Business

my business is of buying and selling of water pipes and electricity cables here in baguo malindi this business is of great demand here at malindi because most of the people who are living here they buy most of this goods and products from my premises because it is the only shop with and near to them so they normal buy this goods at large. most of the clients like buying this products at my shop because my prices are well cut off and very fair to all of them.this business is profitable because after selling i get more than the buying price so it is profitable to me.my monthly business running cost is kenya shillings 20.000, while my monthly sales profit is kenya shillings 35.000 this is now giving me a monthly profit of kenya shillings 15,000 per month.

Loan Proposal

thank you zidisha team for the aproval of my loan application. am going to invest all of this amount of loan into my business by buying few pipes and few elctricity items so that i can add thgem into my business where by i will be selling them to my clients. this will ensure i increased little of my daily income because i will be selling more than the previous sales.where by it wiil be improving my daily inerest.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 27, 2013

Repayment status

Late

Projected term

12 months

Lenders

Brian

Midhurst, Canada

jpterry

Port Richey, United States

J

jjonas

berlin, Germany

EmilAsker

Lomma, Sweden

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

Ingela

Falun, Sweden

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