Stephen

Sokoke, Kenya

6% repaid

Entrepreneur

Name

Stephen

Member since

June 2013

On-time repayments

12 installments  •  0%

About Me

my name is stephen mwamuye.am a single and currently living alone.I live in Kilifi county at a place called Sokoke, From Kilifi town you will take the Bamba-Ganze road and go up to Kakanjuni, then take the left turn towards Ganze and then you will see a water storage center, at this point you will take the right turn and this is going straight to Sokoke secondary school, I live just behind the school,at a very well known village called Mahewani.am a teacher at murimakuku primary school.i completed the 8-4-4 curriculum of education, thats primary, secondary and university.i staretd a busines because i needed extra income to cope up with the rising needs and high costs of living in general.i use my business income to take care of daily needs and save the rest for business growth.

My Business

my business is a retail shop where i sell all foods staffs and home used items e.g wheat flour,maize flour, sugar, beans, milk, breads and so on.Food being a basic need people have to eat daily thats creating a readily available market.most people come to buy from sho because i sell at reasonable prices and offer credit to my customers.I buy stock from wholesallers at fair prices and selling at reasonable prices thats profit is guaranteed.Not much risks provided you have all the required licences.I make about ksh 3500 per day.in a month i get ksh 105,000.i spend around 500 daily and thus ksh 15000 monthly.i buy in nwe stock after every 2 weeks worth 20,000 thus 40,000 per month.i pay rent for the shop at 8,000.i remain with about 42,000 every month.

Loan Proposal

Hello ,am so happy that my profile has been approved and am now eligible to post a loan application. Am so thankful to the entire zidsha team for the help you are giving us with our businesses. With this loan i would like to improve my business by adding more stock to my shop. This will add more value to the business and will add more income. Which will enable me to repay my loan wiothout any problem.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jun 8, 2013

Repayment status

Late

Projected term

12 months

Lenders

torelizer

Reggio Emilia, Italy

P

pmyadlowsky

Charlottesville, United States

S

solarkismet

Logan, United States

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