Am willing to add stock to my business in order to expand my business

Paul

Mugaa Nakuru, Kenya

100% repaid

Entrepreneur

Name

Paul

Member since

April 2010

On-time repayments

89 installments  •  44%

About Me

Am a family man a father of three children james ngugi james nganga patrick njoroge. I have attained education up to form four. Having completed education i felt the need to start my own business to alleviate poverty in my village. I am patient, active and hardworking. I also works on my farm i and my wife and also labor some more workers on my firm in order to get more products. for this reason, if i get some more money from zidisha i will be able to expand my business and also get more land for cultivation.

My Business

I live in mugaa village where i run a retail shop selling such things as sugar, rice, tea leaves ,cooking fat, salt and also dry grains for human consumption. i have been in this business for six years. my main customers are the villagers and the teachers in the neighbouring schools. the schools also buy some of the commodities from me. i have benefited from a loan of ksh.60,000 by faulu kenya in november 2009. i have paid ksh. 50,000 and intend to clear the balance by the end of this month. Am a family man a father of three children james ngugi james nganga patrick njoroge. I have attained education up to form four. Having completed education i felt the need to start my own business to alleviate poverty in my village

Loan Proposal

I would like to take this opportunity to thank all Zidisha lenders for the support they have given me so far. I will the loan by adding some few peaces of skirt suit for women where by each will cost me kes 1400 and the selling price is kes 2000, thus making a profit of kes600 per cloth. In this case i would like my leaders to support me by lending me at a low interest and in at a few days.

Feedback

17

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 14, 2014

Repayment status

On Time

Projected term

2 months

Lenders

D

diza2722

NSW, Australia

dmirpuri

Bangkok, Thailand

dlpringle

Denver, United States

Matching Fund

Sterling, United States

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