Increasing inventory of home supplies for my shop

Robert

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Robert

Member since

January 2015

On-time repayments

67 installments  •  46%

About Me

I am Rashid Robert aged 21 years old born in a family of nine.My parents could not afford schoolfees for all of us so i could not join college but i am working really hard so that i will one day pay college fees for myself as i desire so much to further my education.I live in Thika. I started my shop in the year 2013 after completing my highschool.I use my profits from my business to pay my bills and save some to pay for my school fees when I go to college.

My Business

I own a shop at Thika section a next to total petrol station and near where I live. The place is ideal for a shop since there are many residential houses and very few shops therefore we have not been able to meet demand. The business generates between usd 200 to usd 250 per month which I use it to stock my business and pay my bills. Zidisha loan will help me increase my stock so that I can meet market demand,pay for my college fees and open more branches in future,employ more people therefore benefiting my community as well.

Loan Proposal

I am so greatful for the previous loans as they have been really helpful to me.I therefore take this opportunity to kindly ask for a third loan.
I introduced some new commodities in my shop and they have been moving well so i would like to increase their stock so that i can satisfy customer demand without running out of stock.This will help ensure steady supply of this commodities therefore instill confidence to my customers as they always be sure to find the items in my shop.It will also increase my profits further.
Much of the profits will go back towards the business,i will use the rest to repay the loan,pay my bills and save some for future use.I will greatly appreciate your assistance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$189.00

Date disbursed

Jun 27, 2015

Repayment status

On Time

Projected term

16 months

Lenders

KM

British Columbia, Canada, Canada

Paola M

United States

PG

Paul Graham

United States

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