Name
Wambua
Member since
April 2017
On-time repayments
110 installments • 43%
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.
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.
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.
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Project Type
Classic Loan
Disbursed amount
$81.00
Date disbursed
Jan 5, 2018
Repayment status
Late
Projected term
19 months
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