Grace Mueni

Kikambala, Kenya

33% repaid

Entrepreneur

Name

Grace Mueni

Member since

April 2013

On-time repayments

12 installments  •  25%

About Me

Am a married woman blessed with two children.My husband is a drvier and works in the matatu industry.My children are is primary school.i live at kikambala centre behind next to assistant chef office.I live in my onw house.am a business woman. I completed primary and secondary education and then trainned and worked for 4 yrs as a waitress.I started a business because as a waitress i developed the passion of doing and owning my own cafe.I needed to assist my husband in providing for the family as we neede extra income.I use my business earnings to buy food staffs and petty famli needs.

My Business

my business involves cooking food and selling to people. i have a small cafe.My targeted customers are the construction workers, pwani oil workers and school children.The demand is there because construction workers, pwani oil workers and school children need eat lunch and have no time cooking soo they need readt made food and we are there to provide.Most people prefer my area because i offer credit to my custormers,sell different types of food and sell in small quantities thtas affordable to many.The risks involved are that there is high competition, when food remains can not be sold tommorrow and the ones you credit may not pay in time.I make around 1,600 per day thats 48,000 sh per month.daily expenditure is about 700 sh per day thats 21,000 per month.I then add new stock worth 9000 sh monthly.after i domy calcualation i make 18,000 sh profit every month.Once i get zidisha loan am looking forward to adding stock and be able to save many people.

Loan Proposal

Hello, am so happy that my loan application has been approved. My thanks to the entire zidisha team for the hard work towards my loan application. As a business woman i have to make sure that i reach to my customers's satisfaction.So with this loan i want to buy enough stock of wheatflour, cooking oil,beans and potatoes as these are the most fast moving comodities inmy business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 25, 2013

Repayment status

Late

Projected term

12 months

Lenders

torelizer

Reggio Emilia, Italy

H

hugh1

Co Kerry, Ireland

russell

leicester, United Kingdom

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