Additionall cash to purchase new stock

Ediso

Gede, Kenya

100% repaid

Entrepreneur

Name

Ediso

Member since

November 2014

On-time repayments

64 installments  •  25%

About Me

i was born in 1989 in a small village at gede town in the coastal province of Kenya. its located in the newly created kilifi county. i started my education at gede primary and later joined francis bob tuva high school. i completed my O level study of education the year 2010. i then joined pwana university where i did diploma in teaching. up-to today am a professional teacher. through determination i managed to finish my studies but else i could not have completed due to fees problem but i differed studies and look for fees then go back. i started my business immediately after high school because i needed to save money for school fees. in our locality people preserve there culture and also the historic gede ruins makes the area unique

My Business

in my business i mainly sell second hand clothes. these good arte in demand as many people in the area are middle income earning hence don't prefer going for the new clothes which are quite expensive thus making it profitable for me. i mainly obtain my products from kongowea main market in Mombasa. these goods are cheap to obtain and are not perishable and they have high rate of output. this is why i chose this. my approximated income is ksh. 50000/= and expenses including rent transport and salary for my worker range to ksh.29000/=. i use my profit for re investment and home upkeep.

Loan Proposal

i would use all the cash given by zidisha to add to my savings to purchase two bales of clothing one for ladies dresses and the other one for children clothing. these bales cost ksh. 25000/=. and taking into consideration of the fourth coming Christmas and new year festive season i will really make huge profits,. please assist me to get the additional cash

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Nov 25, 2014

Repayment status

On Time

Projected term

4 months

Lenders

Franmiguel

Perth, Australia

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