To stock cereals, fruits & vegetables

Godfrey

Mombasa, Kenya

19% repaid

Entrepreneur

Name

Godfrey

Member since

April 2014

On-time repayments

252 installments  •  15%

About Me

hi zidisha team my names are godfrey owino born more than 35 yrs ago.im the first born of seven siblings three girls and four boys.i went to school till high school level.i come to mombasa from my rural area to such for a better life.i was employed as a field officer in one of the company thats deals with clearing and forwanding.im married with three kids and my hobbies are playing football and reading.

My Business

hi zidisha team,i started my bussiness from a little saving i had which was 200 usd.its a mini shop and God willing i want to expand it to a retail shop.i sell whertflour,maizeflour,sugar,rice,milk and many more.when i get your loan i want to a bigger stock in my shop making the profit to increase.in a typical day my sell are 40usd when i remove all the expencess i keep 10usd ptofit.i will be using part of profit to pay zidisha loan and the rest i will be saving for my future bigger shop.

Loan Proposal

Hi team zidisha and ll the lenders,I'm do greatfull for the support I got when I received my first loan as it changed my life alot n saved me the psin of borrowing from places with vevy high interest rates.

I have cleared my previous loan and it's been of much help to me and I'm looking foward towards getting this second one fully funded in good time as we approach this festive season to enable me make the most out of this holiday season.

I am planning to venture into abit of cereals as most of my clients keep asking for them every time they come shopping as this would be much convenient to them if they got all they want at one point which to me is a great opportunity for growth.

I plan to buy the following items once I get the loan,a sack of beans @ 87 usd,a bag of rice @ 47 usd,a bag of sugar @ 64 usd, two bales of wheat flour @ 30 usd and the rest an assortment of other commodities i.e. fruits & vegetables,washing detergents and bathing soap etc.

I appreciate your continued support as I can now do alot with ease

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$290.00

Date disbursed

Nov 25, 2014

Repayment status

Late

Projected term

51 months

Other loans

Lenders

Franmiguel

Perth, Australia

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