Buy water pipes

Wambua

Mtongwe, Kenya

29% 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 use the entire amount to buy plastic water pipes to sell. There is a sharp rise in demand for these pipes since they are used in delivering water to people's homes. They are also used in internal plumbing system in peoples houses.

I will be able to buy 2 dozen pieces which I will hopefully sell within one month and make a 30% net profit.

Thank you for your continued support.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$81.00

Date disbursed

Jan 5, 2018

Repayment status

Late

Projected term

19 months

Lenders

Fox Family

Costa Rica

Michael Bauschke

Dresden, Germany

Rob Williams

Halifax, Canada

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