Buy and assortment of hardware items

Wambua

Mtongwe, Kenya

100% repaid

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

I will spend this money to get more stock of hardware items to sell. I will get more rakes, spades and hammers which I will then sell and make more profit. I am working very hard and I hope with time, I will be able to rent a better structure for doing my business since I am now doing it in an open air place. This is not easy because I expose the items to the elements and this degrades their quality.

Thank you.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$42.00

Date disbursed

Sep 5, 2017

Repayment status

On Time

Projected term

9 months

Lenders

Paul Buchheit

Mountain View, United States

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  • Wambua    Jan 4, 2018

    Thank you my 3 lenders. I will use the money to buy more stock for my hardware shop.

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  • Wambua    Dec 5, 2017

    Thank you for the loan. I was able to stock my small hardware shop with some items. I managed to sell them and made some good profit. thanks once more.

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  • Wambua    Aug 31, 2017

    Thank you dear lender for funding my loan. I will use the money to boost my business stock.

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  • Wambua    Aug 28, 2017

    I am really encouraged by Zidisha. I managed to buy some cables which I sold out within a short time. I thank you most sincerely for your support.

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  • Michael    Aug 14, 2017

    Wambua has promised to make a payment today towards his zidisha loan for the pending repayment schedules that have not been made. Thank you

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  • Michael    Aug 13, 2017

    Contacted. Has promised to make a payment some time next week, will follow up on the same. Thank you

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  • Wambua    Jul 2, 2017

    I will spend the money to buy cables. This will help me make more money by increasing my sales. Thank you.

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  • Wambua    Jul 2, 2017

    I used the money to add stock to my business. Thank you for the money.

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  • Wambua    May 26, 2017

    I will use the money to buy a new stock of hardware materials. Thank you for the loan.

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  • Wambua    Apr 11, 2017

    Much thanks for the great start. I will inject the much needed money into my business to make it grow bigger.

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