John

Nakuru, Kenya

42% repaid

Entrepreneur

Name

John

Member since

May 2011

On-time repayments

32 installments  •  16%

About Me

My name is John Gathitu Mwangi I live at Bahati.Iam married with five children the last born is five years. The others are still in school we work hand with my wife to give our children the best we can.when we got married we never had a place to live but we worked hard and bought a plot where now we have our own house

My Business

I sell cabbages in the market of Bahati. I also sell some to different schools nearby like JM Secondary School and Bahati Girls High School Bahati.I get these cabbages from places like Nyandarua and Subukia.from this business I get about 15000 per month. I also grow food crop for our home and some for selling, from this I get about 50000 annually. In total I get about 250000 annually

Loan Proposal

To promote my business business especially during this season at our area, we do not have cabbages, so I will have to travel far and wide to get cabbages so l will need to have enough money to continue with my business. I will need like 40000 to add my capital

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$423.00

Date disbursed

Jun 7, 2011

Repayment status

Late

Projected term

33 months

Lenders

A

Anninymouse

Southampton, United Kingdom

neffe

Berlin, Germany

S

Snick

Halle, Germany

S

Spock

Koeln, Germany

J

jeanbaptiste

*, Afghanistan

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  • traciyoshiyama    Mar 13, 2013

    Dear lenders,

    My name is Traci Yoshiyama and I am a Client Relationship Manager in Kenya. I have spoken to Mr. John Mwangi and although he is currently working, business is slow due to his illness and the elections. He is unable to reschedule any longer, but has asked to make partial payments at the end of every month until he catches up. He thanks you for your patience. Please do not hesitate to ask any questions!

    Mr. Mwangi, we are wishing you the best here at Zidisha and hope your business thrives this year! Please take care of yourself and stay healthy!

    Best regards,
    Traci

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  • John    Aug 13, 2012

    Because of problems sickness and business being down and loosing all the orders. i would like you give me some more time i start paying on October seven. i will be paying 2000 per month because i believe the business will have improved and i shall have all my orders back even the crops in the land will be mature and i shall sell to get money to pay and even that time people around here will have money after they harvest.

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  • John    Oct 1, 2011

    the cabbages have flocked the bahati market. the people are not buying especially now that the cost of living has become very high. money is scarce and the people look for alternatives. they prefer to spend money on the other necessities and buy cheaper greens or use those from their farms which are free. iam still holding on trying to substitute the cabbages wwith other goodies like the onions and potatoes. however, i have already lost some of the stork of cabbages which went bad. i hope from the remaining stork will with time be able to sustain the business. i therefore request to have the loan resecheduled.

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