Xavier
Nairobi Buruburu Estate, Kenya
100% repaid
Name
Xavier
Member since
May 2014
On-time repayments
192 installments • 60%
I am a 37 year old loving husband and father of 5 children.
My professional background is in the aviation industry where I have 14 years working experience. I am currently flying for a local airline as a cabin crew.
I felt a need to start up a business in order to suppliment my salary so as to meet my ever growing family needs.
Over the years of raising my children I have bought many toys for them when celebrating birthdays and other holidays. This is where I discovered a void that I felt I should fill up. Locally I found it difficult to find good quality toys at affordable prices and this is where I got the inspiration to start my Toy shop business.
This would earn me extra revenue at the same time make my children and other kids happy and that is how MaToys Shop was established in November 2013.
I started off by buying my initial stock locally but now most of my stock I import directly from Dubai. This makes my shop stand out from the rest because I can offer more variety to my clients at highly competitive prices.
I also have a Facebook page for the shop called MaToys whereby clients can view the products at the shop.
My efforts were boosted recently when I was featured in a Tv show called Business Central which highlights unique business ideas that the youth have set up.
This helped in advertising and creating awareness of our products which has helped our clientele number to grow thus boosting our sales.
I am highly appreciative to all the lenders lenders that assisted me on my last loan. Business is growing and as we prepare to get the kids back to school I would like to venture into New ideas that will support my business when kids are in school.
I would like to apply for a new loan which I will use to buy a popcorn machine, baby clothes/shoes and cartoons on DVD's. Many parents have been asking for cartoons and educative dvds.
I have also being making popcorns at home and packaging them and I've seen they are doing well thus the need of a popcorn machine that will improve production.
I have been getting orders for new born items for baby showers , New born gifts etc. Items like clothes, towels, shoes, bags, milk bottles etc will do quite well and so I will use part of the loan to buy this.
I would therefore be very grateful if I could receive a loan of approximately USD 800 to help me acquire this items.
With the introduction of this new variety I am confident of attracting more customers and making more sales thus I'll be able to repay the acquired loan.
I am looking forward once again to your generous support and I thank you in advance. God bless Zidisha and all the generous lenders.
After successful repayment of my first loan I would like to appeal for my second loan to add some new stock to my shop.
Currently it is the school holidays in Kenya therefore demand for toys is currently high. I am receiving many orders for bicycles and tricycles but unfortunately I have none in my stock. I have enough display space outside the shop so I will be able to display this items in full view of customers.
I would therefore be very grateful if I could receive a loan of USD170 to buy 4 bicycles and 2 tricycles for both girls and boys models. Each unit is approximately USD30 and I will sell them at betweenUSD50-60.
Positive
6
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$173.00
Date disbursed
Aug 28, 2014
Repayment status
On Time
Projected term
3 months
Other loans
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Amount repaid
$178.58
Amount remaining
$0.00
Date repaid
Nov 24, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Sep 9, 2014 | $12.76 | Sep 9, 2014 | $12.76 |
Sep 16, 2014 | $12.76 | Sep 9, 2014 | $0.03 |
Sep 16, 2014 | $12.72 | ||
Sep 23, 2014 | $12.76 | Sep 16, 2014 | $0.07 |
Sep 22, 2014 | $12.69 | ||
Sep 30, 2014 | $12.76 | Sep 22, 2014 | $0.10 |
Oct 1, 2014 | $12.65 | ||
Oct 7, 2014 | $12.76 | Oct 1, 2014 | $0.14 |
Oct 7, 2014 | $12.62 | ||
Oct 14, 2014 | $12.76 | Oct 7, 2014 | $0.17 |
Oct 14, 2014 | $12.58 | ||
Oct 21, 2014 | $12.76 | Oct 14, 2014 | $0.21 |
Oct 21, 2014 | $12.55 | ||
Oct 28, 2014 | $12.76 | Oct 21, 2014 | $0.24 |
Oct 28, 2014 | $12.51 | ||
Nov 4, 2014 | $12.76 | Oct 28, 2014 | $0.28 |
Nov 3, 2014 | $12.48 | ||
Nov 11, 2014 | $12.76 | Nov 3, 2014 | $3.22 |
Nov 10, 2014 | $9.53 | ||
Nov 18, 2014 | $12.76 | Nov 10, 2014 | $11.40 |
Nov 18, 2014 | $1.36 | ||
Nov 25, 2014 | $12.76 | Nov 18, 2014 | $12.76 |
Dec 2, 2014 | $12.76 | Nov 18, 2014 | $9.14 |
Nov 24, 2014 | $3.62 | ||
Dec 9, 2014 | $12.76 | Nov 24, 2014 | $12.70 |
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