Adding stock in my chop

Stephen

Nairobi, Kenya

100% repaid

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Entrepreneur

Name

Stephen

Member since

May 2014

On-time repayments

54 installments • 69%

About Me

I am 37 years of age , married to one beloved wife her name Mary. In the year 2006,we were blessed with a boy later in the year 2008,we were blessed with a baby girl. We live in eastliegh section 3 center plot no. 36/11/1155 thirteenth street eastliegh about 10km from Nairobi city centre. I started business a shop where I later introduced charcoal in the year 2012. This business has really changed my life situation because it has given me money that has enabled me to pay my rent, bills and even take my children to school.

My Business

My business is located at Eastliegh section 3 thirteenth street. It is by the name Stemsa Shop and I sell charcoal. It is located about 100 meters away from the eastliegh section 3 bus stop opposite Dubai supermarket. In my business i give services of selling food products, charcoal, onions, fruits, shoes and cereals. I also sell juices, sugar, cooking oil(solid and liquid ),breads and cakes among other items. I had previously been given a loan from co-operative bank easltliegh branch worthy Kes:80,000 and repaid it within 13 months ahead of time frame of 18 months period. I am requesting a loan from the Zidisha Micro-finance lenders to boost my business and expand. I promise to abide the Zidisha rules and regulations and to be trustworthy and timely through your funds and the repayments time period .Thank you in advance.

Loan Proposal

I would like thank my lenders who made my first loan successful and I have completely repaid it fully within the stipulated time. I kindly request for an additional second loan of Ksh. 18,068 to increase and expand my stock in order to improve my customers base hence high turnover. This will make me maintain and grow up to the high levels of operations. I look forward for your kind support and I promise to repay it within the period agreed. Thanks,