To improve and add many more varieties of goods

Patrick Wambua

Endarasha, Kenya

0% repaid

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 all the zidisha platform and all the lending panel on board.For the last loan,it really brought back my shop back to life,as i had bought various different and highly on demand kind of goods to my customers,which has shown a very positive comeback for my business through providing my customers with what they are asking for.
Through this loan,i am going to buy more bulky and more demanding goods in wholesale price which i will get more sales as part of gaining more customers with the availability of what they are asking for.I will also make sure that i will be punctual when my payment day comes.Thank you and welcome for the funding.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$451.00

Date disbursed

Mar 11, 2014

Repayment status

Late

Projected term

62 months

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