Entrepreneur
Name
Wambua
Member since
April 2017
On-time repayments
110 installments • 43%
About Me
My name is Wambua, a father of 4 children who are all in school. I am business man based in Mombasa. I was born in raised in rural Kenya where I grew up helping my parents in their daily chores.
I also went to school up to secondary school level and then decided to move to Mombasa city to look for a job. It was not easy to get a job without any professional training and I ended up as a hawker where I would sell small household items.
This is what I am still doing to date.
My Business
I sell small household items which I do in the streets of Mombasa. It is a modest job but I like it since it puts food on the table. I sell items like cutlery, combs, buckets etc. I also sell some hardware items such as electric bulbs and cables.
I normally get the supplies from big shops or second hand dealers and then sell them at a profit. I make about $150 which I use to cater for my family needs.
Loan Proposal
This is my third loan here and just like the previous two, I will use this one to buy more stock to sell to my clients. I have planned to buy cables for doing wiring in homes. This is one item that sells quite well since there are many buildings that need wiring and this fuels the demand.
This will help me increase my daily sales which is important in expanding my small business.
Thanks.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$16.00
Date disbursed
Jul 25, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
United States
United States
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