Name
Mike
Member since
July 2013
On-time repayments
6 installments • 0%
Am mike sogoli 26 years old born and raise at kengatuny sub location,kocholia location,Amagoro division,teso north district in busia county. Iam I last born in the family of sixs children of three girls and three boys.
I attended kengatuny primary school where idid my Kenya certificate of primary school{KCPE}, I later proceeded to Tamulega secondary school where I sat for Kenya certificate of secondary school(KCSE). I then went to smart business technologies where I did a certificate in computer studies in eldoret.
Mike is a humble,social,cheerful and hardworking guy who is flexible and dertermined in whatever thing I do so long us its productive in life, after my education loked for something to earn a living, that’s when I managed to raise 20000kshs to which I used to open a small pub/bar in kocholia town.which iam still stay and running my small business.
Iam mike iown and run a small pub/bar in a small town called kocholia in teso north district in busia county. I have un average stock of 20000kshs which I used to start my business of a bar/pub.
I face small difficulties and challenges from here and here . firstly I lack enough tables and chairs for my customers to sit on when they come and enjoy there drink at my place. That’s why I need a loan from zidisha to buy more chairs and tables,secondly my stock is little I need more money to boost my stock so as I attract more customers to come to my bar. Thirdly I lack enough glasses to serve my customers because money of my customers who come to bar love to be served by glasses . That’s why am lookin forward for zidisha to lend in order I boost my business.
I have run my business for a bout two years now. My daily income from my bar is around 1000kshs a day, which accumulates to 30000kshs a month, but when I deduct 3000kshsh for rent,2000kshs for electricity bills,10000kshs for my monthly stock and 5000kshs for my small logistic like transportation ,paying the lady that assist me, am remaining with 10000kshs profit which makes me flexible to pay back the loan of zidisha.
Am requesting a loan from zidisha firstly my business lacks enough chairs & tables for my customers to sit on i need that loan so that i can buy more chairs & tables in my bar so that i may attract more customers to come,and to avoid congestion during serving time.secondly i lack more glasses to use because many of my customers like to be served with glasses, so i will use the money to buy more glasses to use so that my customers stop complaining,I also want to buy some portable tents to put a shed outsides so that during hot hours most of customers sit and relax outside, if they don't feel like sitting inside the house.Am looking these loan to be like a miracle to me because now that my stock will boost so that i can expand my space and at least to employ two helpers who will assist me at my business. I THANK Zidisha for the idea.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 12, 2013
Repayment status
Late
Projected term
6 months
Ask Mike a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.