More hardware stock

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 use the money to buy more hardware stock to sell at my stall. I have in mind small items like pliers, nails etc which will not cost much since this money is not much.
I will spend the additional income to stock more goods so as to accelerate the growth of my business. I hope to keep increasing my credit limit here so that I do a substantial investment with Zidisha loan.

Thank you for finding time to read my loan proposal.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

May 31, 2017

Repayment status

On Time

Projected term

2 months

Lenders

ibc123

Seattle, United States

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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